Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia (FOB) - 2023
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia (CIF) - 2023
  3. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia
  4. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia (FOB) - 2023

The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,523 per ton in November 2023, increasing by 16% against the previous month. In general, the export price saw a modest increase. Over the period under review, the average export prices hit record highs at $1,595 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($5,915 per ton), while the average price for exports to Albania ($1,065 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia (CIF) - 2023

In November 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,245 per ton, dropping by -2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 32% month-to-month. As a result, import price attained the peak level of $1,273 per ton, and then declined slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($3,719 per ton), while the price for Belarus ($539 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Russia (+42.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia

Exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen from Serbia fell slightly to 48K tons in 2022, approximately equating the previous year's figure. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 0.9%.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $52M in 2022. In general, exports showed a relatively flat trend pattern.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.1N/AN/A7.9329.1%
Russia14.310.18.85.6-26.8%
Belgium3.73.83.84.67.5%
North Macedonia3.13.13.43.65.1%
Croatia3.73.44.43.5-1.8%
Bosnia and Herzegovina2.31.92.33.110.5%
Germany4.83.02.52.9-15.5%
Romania2.42.12.92.62.7%
Hungary4.64.23.52.5-18.4%
Montenegro2.22.02.32.54.4%
Slovenia1.40.91.41.40.0%
ColombiaN/AN/A0.10.9800.0%
Greece2.01.42.00.7-29.5%
Others8.18.09.110.59.0%
Total52.743.946.352.4-0.2%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Serbia in 2022:

  1. Turkey (8.3K tons)
  2. Russia (5.0K tons)
  3. Belgium (4.5K tons)
  4. Croatia (4.2K tons)
  5. Bosnia and Herzegovina (3.2K tons)
  6. North Macedonia (3.1K tons)
  7. Hungary (3.0K tons)
  8. Germany (3.0K tons)
  9. Romania (2.7K tons)
  10. Montenegro (2.1K tons)
  11. Slovenia (1.4K tons)
  12. Greece (1.0K tons)
  13. Colombia (1.0K tons)

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia

In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen imported into Serbia soared to 9.1K tons, with an increase of 17% against the previous year. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen totaled $8M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of $9.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,5963,4673,2523,2878.2%
Spain1,4462,5251,1981,121-8.1%
Austria90.2182200821108.8%
Croatia1771,09358080665.8%
Poland6337935737827.3%
Germany46.210826020965.4%
Turkey40.523.224.220672.0%
Hungary1,23258259.348.7-65.9%
Netherlands38225435824.4-60.0%
Others5877256147297.5%
Total7,2299,7527,1208,0353.6%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Serbia in 2022:

  1. Belgium (3344.0 tons)
  2. Austria (1356.2 tons)
  3. Croatia (979.5 tons)
  4. Spain (966.2 tons)
  5. Poland (817.0 tons)
  6. Turkey (624.3 tons)
  7. Germany (289.9 tons)
  8. Hungary (46.7 tons)
  9. Netherlands (26.7 tons)

Source: IndexBox Market Intelligence Platform

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