Serbia - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bag Price in Serbia - 2023
Contents:
- Plastic Bag Price in Serbia (FOB) - 2022
- Plastic Bag Price in Serbia (CIF) - 2022
- Plastic Bag Exports in Serbia
- Plastic Bag Imports in Serbia
Plastic Bag Price in Serbia (FOB) - 2022
In 2022, the average plastic bag export price amounted to $3,744 per ton, surging by 2.1% against the previous year. Overall, the export price, however, recorded a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by 10%. The export price peaked at $4,348 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($11,406 per ton), while the average price for exports to Romania ($2,122 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Price in Serbia (CIF) - 2022
The average plastic bag import price stood at $4,064 per ton in 2022, reducing by -1.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18%. As a result, import price attained the peak level of $4,135 per ton, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,330 per ton), while the price for Montenegro ($1,835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Bag Exports in Serbia
In 2022, the amount of plastic sacks and bags exported from Serbia rose notably to 9.8K tons, growing by 7.3% against the previous year. The total export volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic bag exports expanded notably to $37M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Plastic Bag in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.6 | 6.9 | 8.1 | 6.0 | 9.3% |
| Croatia | 1.9 | 1.9 | 3.0 | 4.7 | 35.2% |
| Montenegro | 3.7 | 3.3 | 3.7 | 4.3 | 5.1% |
| United States | 3.0 | 3.5 | 1.6 | 3.2 | 2.2% |
| Bosnia and Herzegovina | 2.2 | 2.1 | 2.5 | 3.2 | 13.3% |
| Romania | 1.5 | 2.1 | 2.7 | 2.8 | 23.1% |
| Slovenia | 1.3 | 1.4 | 2.1 | 2.0 | 15.4% |
| Sweden | 4.4 | 2.1 | 1.7 | 2.0 | -23.1% |
| Germany | 1.6 | 1.2 | 1.3 | 1.6 | 0.0% |
| North Macedonia | 0.8 | 0.6 | 0.9 | 1.1 | 11.2% |
| France | 1.0 | 1.1 | 0.8 | 0.8 | -7.2% |
| Hungary | 0.4 | 0.3 | 0.6 | 0.7 | 20.5% |
| Denmark | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Others | 2.1 | 2.7 | 3.8 | 3.8 | 21.9% |
| Total | 29.0 | 29.5 | 33.5 | 36.7 | 8.2% |
Top Export Markets for Plastic Bag from Serbia in 2022:
- Montenegro (1363.1 tons)
- Croatia (1355.6 tons)
- Romania (1333.2 tons)
- Italy (1001.7 tons)
- Bosnia and Herzegovina (894.2 tons)
- Slovenia (861.7 tons)
- Sweden (530.2 tons)
- North Macedonia (413.1 tons)
- France (301.6 tons)
- Germany (300.2 tons)
- United States (281.5 tons)
- Denmark (189.3 tons)
- Hungary (187.2 tons)
Plastic Bag Imports in Serbia
Plastic bag imports into Serbia skyrocketed to 8.7K tons in 2022, growing by 18% on 2021. The total import volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic bag imports soared to $36M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 22%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Plastic Bag in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 7.0 | 10.6 | 10.6 | 17.1% |
| Poland | 2.7 | 3.9 | 3.8 | 5.8 | 29.0% |
| Germany | 2.5 | 3.4 | 3.8 | 4.3 | 19.8% |
| Turkey | 1.1 | 1.5 | 2.3 | 3.0 | 39.7% |
| Bosnia and Herzegovina | 1.3 | 1.1 | 1.6 | 2.0 | 15.4% |
| China | 1.1 | 1.3 | 1.4 | 1.8 | 17.8% |
| Montenegro | 0.6 | 0.7 | 1.1 | 1.6 | 38.7% |
| Slovenia | 1.6 | 1.6 | 1.3 | 1.3 | -6.7% |
| Croatia | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Bulgaria | 0.9 | 0.6 | 0.6 | 0.6 | -12.6% |
| Austria | 0.6 | 0.4 | 0.4 | 0.2 | -30.7% |
| Others | 3.2 | 3.1 | 3.1 | 3.6 | 4.0% |
| Total | 22.6 | 25.0 | 30.5 | 35.6 | 16.4% |
Top Suppliers of Plastic Bag to Serbia in 2022:
- Poland (2599.9 tons)
- Italy (1443.0 tons)
- Montenegro (880.5 tons)
- Germany (824.1 tons)
- Bosnia and Herzegovina (787.1 tons)
- Turkey (540.9 tons)
- China (371.3 tons)
- Croatia (281.1 tons)
- Slovenia (224.2 tons)
- Bulgaria (101.9 tons)
- Austria (80.1 tons)
This report provides an in-depth analysis of the plastic bag market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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