Composition Leather Price in Serbia - 2023
Contents:
- Composition Leather Price in Serbia (CIF) - 2022
- Composition Leather Price in Serbia (FOB) - 2022
- Composition Leather Imports in Serbia
- Composition Leather Exports in Serbia
Composition Leather Price in Serbia (CIF) - 2022
In 2022, the average composition leather import price amounted to $2.5 per square meter, reducing by -7.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 219%. As a result, import price attained the peak level of $7.2 per square meter. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5.4 per square meter), while the price for the Netherlands ($0.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Composition Leather Price in Serbia (FOB) - 2022
In 2022, the average composition leather export price amounted to $399 per square meter, rising by 1,919% against the previous year. Over the period under review, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($9.4 per square meter), while the average price for exports to India ($0.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.1%), while the prices for the other major destinations experienced a decline.
Composition Leather Imports in Serbia
In 2022, approx. 88K square meters of composition leather were imported into Serbia; with an increase of 2.3% on the previous year. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, composition leather imports contracted to $223K in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $235K, and then contracted in the following year.
| Import of Composition Leather in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 48.5 | 77.7 | 103 | 103 | 28.5% |
| Germany | 77.2 | 64.0 | 97.0 | 67.0 | -4.6% |
| Slovenia | 1.8 | 8.4 | 9.3 | 16.2 | 108.0% |
| Netherlands | 5.9 | 2.2 | 0.9 | 7.2 | 6.9% |
| Turkey | 5.5 | 16.9 | 20.8 | 5.9 | 2.4% |
| Others | 38.1 | 9.4 | 4.0 | 23.0 | -15.5% |
| Total | 177 | 179 | 235 | 223 | 8.0% |
Top Suppliers of Composition Leather to Serbia in 2022:
- Germany (48.1K square meters)
- Italy (21.1K square meters)
- Slovenia (9.8K square meters)
- Netherlands (7.8K square meters)
- Turkey (3.5K square meters)
Composition Leather Exports in Serbia
In 2022, overseas shipments of composition leather decreased by -5.9% to 414 square meters, falling for the second year in a row after two years of growth. In general, exports, however, posted a temperate increase. The growth pace was the most rapid in 2020 with an increase of 670%. As a result, the exports reached the peak of 2.9K square meters. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, composition leather exports surged to $165K in 2022. Overall, exports, however, enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Composition Leather in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 4.7 | 1.2 | 158 | 479.8% |
| India | N/A | N/A | N/A | 2.4 | 0% |
| Bosnia and Herzegovina | 0.2 | 0.1 | N/A | 1.7 | 104.1% |
| North Macedonia | N/A | N/A | N/A | 0.9 | 0% |
| Others | 4.1 | 3.2 | 7.5 | 1.9 | -22.6% |
| Total | 4.3 | 8.0 | 8.7 | 165 | 237.3% |
Top Export Markets for Composition Leather from Serbia in 2022:
- India (32.0K square meters)
- Germany (25.4K square meters)
- North Macedonia (1.5K square meters)
- Bosnia and Herzegovina (0.9K square meters)
554
This report provides an in-depth analysis of the global composition leather market.
554
This report provides an in-depth analysis of the global composition leather market.
896
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
1216
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
896
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
1216
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
