Report Update: Apr 1, 2024

Serbia - Activated Carbon - Market Analysis, Forecast, Size, Trends And Insights

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Activated Carbon Price in Serbia - 2023

Activated Carbon Price in Serbia (CIF) - 2022

In 2022, the average activated carbon import price amounted to $3,374 per ton, growing by 11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($4,814 per ton), while the price for Italy ($1,657 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Activated Carbon Price in Serbia (FOB) - 2022

In 2022, the average activated carbon export price amounted to $5,859 per ton, picking up by 35% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 164%. Over the period under review, the average export prices hit record highs at $5,877 per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($24,566 per ton), while the average price for exports to Italy ($3,448 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 Russia (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Activated Carbon Imports in Serbia

In 2022, overseas purchases of activated carbon decreased by -5.9% to 323 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports reached the peak of 647 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, activated carbon imports rose slightly to $1.1M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 71%. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Activated Carbon in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	202	653	223	296	13.6%
Germany	124	204	164	221	21.2%
China	115	117	85.3	148	8.8%
Italy	119	107	128	129	2.7%
United Kingdom	91.7	49.7	44.2	59.8	-13.3%
Austria	48.6	82.0	57.5	59.5	7.0%
Malaysia	57.1	120	141	57.5	0.2%
Others	127	184	206	119	-2.1%
Total	885	1,516	1,048	1,091	7.2%

Top Suppliers of Activated Carbon to Serbia in 2022:

India (93.6 tons)
Italy (78.1 tons)
Germany (48.3 tons)
China (33.4 tons)
Malaysia (18.0 tons)
Austria (17.2 tons)
United Kingdom (4.5 tons)

Activated Carbon Exports in Serbia

In 2022, approx. 42 tons of activated carbon were exported from Serbia; picking up by 5.7% against the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

In value terms, activated carbon exports surged to $246K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Activated Carbon in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	111	103	130	122	3.2%
Lithuania	N/A	N/A	N/A	55.0	0%
Italy	N/A	N/A	N/A	25.9	0%
Germany	24.6	22.1	13.1	17.7	-10.4%
Montenegro	25.9	17.9	14.8	16.6	-13.8%
North Macedonia	16.2	1.2	3.9	3.0	-43.0%
Austria	N/A	14.7	N/A	N/A	0%
Others	17.2	7.1	10.7	5.1	-33.3%
Total	195	166	173	246	8.1%

Top Export Markets for Activated Carbon from Serbia in 2022:

Bosnia and Herzegovina (27.8 tons)
Italy (7.5 tons)
Lithuania (2.2 tons)
Germany (2.2 tons)
Montenegro (2.0 tons)
North Macedonia (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the activated carbon 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 20595400 - Activated carbon

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023