Serbia - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCombined Refrigerator-Freezer Price in Serbia - 2023
Contents:
- Combined Refrigerator-Freezer Price in Serbia (FOB) - 2023
- Combined Refrigerator-Freezer Price in Serbia (CIF) - 2023
- Combined Refrigerator-Freezer Exports in Serbia
- Combined Refrigerator-Freezer Imports in Serbia
Combined Refrigerator-Freezer Price in Serbia (FOB) - 2023
In November 2023, the average combined refrigerator-freezer export price amounted to $353 per unit, picking up by 4.5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 26% against the previous month. The export price peaked at $393 per unit in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Russia ($584 per unit), while the average price for exports to Finland ($206 per unit) 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 France (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Combined Refrigerator-Freezer Price in Serbia (CIF) - 2023
The average combined refrigerator-freezer import price stood at $186 per unit in November 2023, declining by -3.2% against the previous month. Overall, the import price recorded a mild contraction. The pace of growth appeared the most rapid in January 2023 an increase of 14% against the previous month. As a result, import price reached the peak level of $269 per unit. From February 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($476 per unit), while the price for Turkey ($168 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.9%), while the prices for the other major suppliers experienced a decline.
Combined Refrigerator-Freezer Exports in Serbia
For the fourth consecutive year, Serbia recorded growth in shipments abroad of combined refrigerators-freezers, which increased by 17% to 557K units in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, combined refrigerator-freezer exports soared to $169M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Combined Refrigerator-Freezer in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.4 | 9.6 | 12.7 | 55.4 | 105.3% |
| France | 1.0 | 5.8 | 13.4 | 12.2 | 130.2% |
| Czech Republic | 7.3 | 8.4 | 11.2 | 10.8 | 13.9% |
| Germany | 19.6 | 13.7 | 9.3 | 9.5 | -21.4% |
| Spain | 0.1 | 0.8 | 1.3 | 9.1 | 349.8% |
| Poland | 2.6 | 2.9 | 4.8 | 8.1 | 46.1% |
| Italy | 4.6 | 4.8 | 7.0 | 7.7 | 18.7% |
| Ukraine | 1.1 | 0.7 | 3.8 | 5.0 | 65.7% |
| Slovenia | 7.8 | 7.0 | 4.4 | 4.7 | -15.5% |
| Finland | 2.4 | 2.9 | 5.2 | 4.6 | 24.2% |
| Romania | 3.8 | 4.0 | 4.8 | 4.1 | 2.6% |
| Croatia | 3.3 | 3.3 | 3.4 | 3.5 | 2.0% |
| Sweden | 0.4 | 2.3 | 4.0 | 3.4 | 104.1% |
| Others | 23.8 | 24.2 | 29.2 | 30.6 | 8.7% |
| Total | 84.2 | 90.5 | 115 | 169 | 26.1% |
Top Export Markets for Combined Refrigerator-Freezer from Serbia in 2022:
- Russia (99.9K units)
- France (51.1K units)
- Czech Republic (42.8K units)
- Spain (38.2K units)
- Germany (33.0K units)
- Poland (32.6K units)
- Italy (31.7K units)
- Ukraine (22.1K units)
- Finland (21.8K units)
- Romania (18.3K units)
- Slovenia (17.9K units)
- Croatia (15.7K units)
- Sweden (15.5K units)
Combined Refrigerator-Freezer Imports in Serbia
In 2022, after three years of growth, there was significant decline in purchases abroad of combined refrigerators-freezers, when their volume decreased by -11.5% to 106K units. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 92%. Imports peaked at 120K units in 2021, and then dropped in the following year.
In value terms, combined refrigerator-freezer imports fell to $23M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 27% against the previous year. Imports peaked at $25M in 2021, and then fell in the following year.
| Import of Combined Refrigerator-Freezer in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 5.4 | 6.3 | 6.7 | 7.3 | 10.6% |
| China | 3.6 | 4.4 | 6.0 | 5.4 | 14.5% |
| Turkey | 4.7 | 6.7 | 7.1 | 5.3 | 4.1% |
| Poland | 1.1 | 2.1 | 2.7 | 2.4 | 29.7% |
| Germany | 0.5 | 0.3 | 0.5 | 0.9 | 21.6% |
| Italy | 0.3 | 0.5 | 0.7 | 0.6 | 26.0% |
| Bulgaria | 0.3 | 0.3 | 0.5 | 0.5 | 18.6% |
| Others | 0.6 | 0.5 | 0.4 | 0.7 | 5.3% |
| Total | 16.5 | 21.0 | 24.6 | 22.8 | 11.4% |
Top Suppliers of Combined Refrigerator-Freezer to Serbia in 2022:
- Romania (37.3K units)
- Turkey (27.5K units)
- China (27.1K units)
- Poland (6.3K units)
- Italy (2.1K units)
- Germany (2.1K units)
- Bulgaria (1.8K units)
This report provides an in-depth analysis of the combined refrigerator-freezer 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 27511110 - Combined refrigerators-freezers, with separate external doors
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
- 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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