Serbia - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Serbia - 2022
Contents:
- Automotive Lighting Price in Serbia (CIF) - 2022
- Automotive Lighting Price in Serbia (FOB) - 2022
- Automotive Lighting Imports in Serbia
- Automotive Lighting Exports in Serbia
Automotive Lighting Price in Serbia (CIF) - 2022
In 2022, the average automotive lighting import price amounted to $34 per unit, rising by 7.6% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, automotive lighting import price increased by +88.9% against 2012 indices. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovakia ($34 per unit) and Poland ($34 per unit), while the price for Romania ($34 per unit) and Italy ($34 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Automotive Lighting Price in Serbia (FOB) - 2022
In 2022, the average automotive lighting export price amounted to $3.1 per unit, shrinking by -10.3% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2015 when the average export price increased by 40%. As a result, the export price reached the peak level of $10 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($3.1 per unit) and Russia ($3.1 per unit), while the average price for exports to Croatia ($3.1 per unit) and Italy ($3.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.6%), while the prices for the other major destinations experienced a decline.
Automotive Lighting Imports in Serbia
Automotive lighting imports into Serbia skyrocketed to 575K units in 2022, rising by 28% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +70.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, automotive lighting imports soared to $20M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 43%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Automotive Lighting in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.3 | 0.5 | 5.4 | 162.1% |
| Taiwan (Chinese) | 2.7 | N/A | 3.5 | 3.8 | 12.1% |
| Romania | 0.5 | 1.2 | 1.8 | 1.8 | 53.3% |
| China | 0.8 | 3.6 | 1.7 | 1.6 | 26.0% |
| Turkey | 0.7 | 0.7 | 1.1 | 1.1 | 16.3% |
| Czech Republic | 0.6 | 0.7 | 0.9 | 1.0 | 18.6% |
| Poland | 0.5 | 0.5 | 0.8 | 1.0 | 26.0% |
| Italy | 0.4 | 0.4 | 0.6 | 0.4 | 0.0% |
| France | 1.6 | 0.4 | 0.4 | 0.4 | -37.0% |
| Austria | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Slovakia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 1.5 | 1.5 | 2.3 | 2.2 | 13.6% |
| Total | 10.2 | 9.9 | 14.2 | 19.5 | 24.1% |
Top Suppliers of Automotive Lighting to Serbia in 2022:
- Germany (157.5K units)
- Taiwan (Chinese) (111.1K units)
- Romania (53.9K units)
- China (48.2K units)
- Turkey (33.8K units)
- Czech Republic (28.5K units)
- Poland (28.3K units)
- Italy (13.2K units)
- France (12.5K units)
- Austria (12.3K units)
- Slovakia (9.5K units)
Automotive Lighting Exports in Serbia
Automotive lighting exports from Serbia surged to 2.4M units in 2022, picking up by 215% compared with 2021 figures. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 249%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, automotive lighting exports soared to $7.7M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 213%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Automotive Lighting in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.1 | 9.9 | 214 | 3,051 | 424.9% |
| Italy | 9.6 | 35.8 | 704 | 1,695 | 461.0% |
| Czech Republic | N/A | 2.8 | 432 | 958 | 1749.7% |
| Russia | N/A | 0.1 | N/A | 425 | 6419.2% |
| Montenegro | 250 | 200 | 269 | 328 | 9.5% |
| Slovenia | 2,842 | 154 | 350 | 326 | -51.4% |
| Bosnia and Herzegovina | 223 | 264 | 324 | 251 | 4.0% |
| Albania | 52.5 | 41.7 | 118 | 134 | 36.7% |
| Others | 468 | 161 | 309 | 512 | 3.0% |
| Total | 3,867 | 869 | 2,721 | 7,679 | 25.7% |
Top Export Markets for Automotive Lighting from Serbia in 2022:
- Germany (972.3K units)
- Italy (540.2K units)
- Czech Republic (305.3K units)
- Russia (135.6K units)
- Montenegro (104.5K units)
- Slovenia (103.8K units)
- Bosnia and Herzegovina (80.1K units)
- Albania (42.6K units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
844
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
854
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
844
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
