Life-Jackets and Life-Belts Price in Serbia - 2023

Contents:

  1. Life-Jackets and Life-Belts Price in Serbia (FOB) - 2022
  2. Life-Jackets and Life-Belts Price in Serbia (CIF) - 2022
  3. Life-Jackets and Life-Belts Exports in Serbia
  4. Life-Jackets and Life-Belts Imports in Serbia

Life-Jackets and Life-Belts Price in Serbia (FOB) - 2022

The average life-jackets and life-belts export price stood at $12,531 per ton in 2022, rising by 5.6% against the previous year. In general, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $61,633 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($18,294 per ton), while the average price for exports to Hungary totaled $12,074 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-8.8%).

Life-Jackets and Life-Belts Price in Serbia (CIF) - 2022

The average life-jackets and life-belts import price stood at $17,920 per ton in 2022, dropping by -11.9% against the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 12% against the previous year. The import price peaked at $31,503 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($52,654 per ton), while the price for Turkey ($12,192 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Exports in Serbia

In 2022, exports of life-jackets and life-beltses from Serbia soared to 65 tons, with an increase of 43% compared with the previous year's figure. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 3,666%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, life-jackets and life-belts exports surged to $817K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 1,396%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Life-Jackets and Life-Belts in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/A51875445.6%
Bosnia and Herzegovina15.323.515.229.925.0%
Others10.112.66.333.148.5%
Total25.436.0539817218.0%

Top Export Markets for Life-Jackets and Life-Belts from Serbia in 2022:

  1. Hungary (62.5 tons)
  2. Bosnia and Herzegovina (1.6 tons)

Life-Jackets and Life-Belts Imports in Serbia

In 2022, imports of life-jackets and life-beltses into Serbia soared to 21 tons, rising by 41% against 2021 figures. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, life-jackets and life-belts imports surged to $373K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Life-Jackets and Life-Belts in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland26.94.144.818690.5%
China53.813012470.89.6%
Turkey1.93.66.132.0156.3%
AustriaN/A0.4N/A30.9778.9%
Italy10.69.118.915.513.5%
Romania13.36.660.112.1-3.1%
Germany17.310.58.411.4-13.0%
Others36.826.036.913.7-28.1%
Total16019029937332.6%

Top Suppliers of Life-Jackets and Life-Belts to Serbia in 2022:

  1. Poland (12.1 tons)
  2. China (3.8 tons)
  3. Turkey (2.6 tons)
  4. Austria (1.0 tons)
  5. Romania (0.3 tons)
  6. Italy (0.3 tons)
  7. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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