Serbia - Apple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Price in Serbia - 2023
Contents:
- Apple Price in Serbia (FOB) - 2023
- Apple Price in Serbia (CIF) - 2023
- Apple Exports in Serbia
- Apple Imports in Serbia
Apple Price in Serbia (FOB) - 2023
In November 2023, the average apple export price amounted to $715 per ton, standing approximately at the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 52% m-o-m. As a result, the export price attained the peak level of $950 per ton. From September 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Qatar ($975 per ton), while the average price for exports to Bosnia and Herzegovina ($287 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 Bosnia and Herzegovina (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Price in Serbia (CIF) - 2023
The average apple import price stood at $233 per ton in November 2023, surging by 18% against the previous month. Over the period under review, the import price enjoyed a measured increase. The most prominent rate of growth was recorded in December 2022 an increase of 112% m-o-m. The import price peaked at $1,008 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was North Macedonia ($215 per ton), while the price for Albania totaled $191 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Exports in Serbia
Apple exports from Serbia dropped dramatically to 148K tons in 2022, which is down by -17.6% compared with 2021. In general, exports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 3.8% against the previous year.
In value terms, apple exports reduced rapidly to $108M in 2022. Over the period under review, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 5.8%.
| Export of Apple in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 102 | 105 | 94.1 | 72.7 | -10.7% |
| United Arab Emirates | 3.0 | 3.9 | 6.3 | 8.2 | 39.8% |
| Saudi Arabia | 0.9 | 1.7 | 5.0 | 7.1 | 99.1% |
| United Kingdom | 2.3 | 3.1 | 3.7 | 3.7 | 17.2% |
| India | N/A | 0.3 | 1.9 | 3.3 | 231.7% |
| Montenegro | 0.6 | 0.9 | 1.3 | 1.0 | 18.6% |
| Bosnia and Herzegovina | 0.6 | 0.6 | 0.9 | 0.6 | 0.0% |
| Hungary | 3.2 | 1.6 | 1.1 | 0.5 | -46.1% |
| Romania | 1.0 | 2.5 | 1.4 | 0.2 | -41.5% |
| Others | 4.7 | 6.0 | 11.7 | 10.3 | 29.9% |
| Total | 119 | 125 | 127 | 108 | -3.2% |
Top Export Markets for Apple from Serbia in 2022:
- Russia (98.6K tons)
- United Arab Emirates (8.9K tons)
- Saudi Arabia (8.1K tons)
- United Kingdom (5.6K tons)
- India (3.7K tons)
- Bosnia and Herzegovina (3.3K tons)
- Hungary (3.1K tons)
- Montenegro (2.5K tons)
- Romania (0.5K tons)
Apple Imports in Serbia
In 2022, overseas purchases of apples were finally on the rise to reach 37K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, apple imports surged to $7.8M in 2022. Over the period under review, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Apple in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 0.8 | 2.2 | 1.4 | 3.8 | 68.1% |
| Poland | 5.1 | 3.8 | 3.7 | 2.1 | -25.6% |
| Italy | 0.9 | 2.9 | 0.9 | 0.9 | 0.0% |
| Netherlands | 0.8 | 0.8 | 0.2 | 0.2 | -37.0% |
| Albania | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Others | 0.7 | 1.2 | 0.5 | 0.6 | -5.0% |
| Total | 8.5 | 11.2 | 6.7 | 7.8 | -2.8% |
Top Suppliers of Apple to Serbia in 2022:
- North Macedonia (28.8K tons)
- Poland (4.2K tons)
- Albania (2.0K tons)
- Italy (1.3K tons)
- Netherlands (0.3K tons)
This report provides an in-depth analysis of the apple 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:
- FCL 515 - Apples
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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