Serbia - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Serbia - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights

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Data Storage Device Price in Serbia - 2023

Contents:

  1. Data Storage Device Price in Serbia (CIF) - 2023
  2. Data Storage Device Price in Serbia (FOB) - 2022
  3. Data Storage Device Imports in Serbia
  4. Data Storage Device Exports in Serbia

Data Storage Device Price in Serbia (CIF) - 2023

The average data storage device import price stood at $135 per unit in November 2023, with an increase of 127% against the previous month. Overall, the import price enjoyed a temperate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Thailand ($92.6 per unit), while the price for Taiwan (Chinese) ($32.3 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 Taiwan (Chinese) (+2.4%), while the prices for the other major suppliers experienced a decline.

Data Storage Device Price in Serbia (FOB) - 2022

In 2022, the average data storage device export price amounted to $355 per unit, shrinking by -5.1% against the previous year. In general, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2019 an increase of 80%. Over the period under review, the average export prices reached the maximum at $483 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 the UK ($1,061 per unit), while the average price for exports to Australia ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports in Serbia

For the fourth year in a row, Serbia recorded growth in overseas purchases of data storage devices, which increased by 9.3% to 432K units in 2022. The total import volume increased at an average annual rate of +11.8% over the period 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 with an increase of 22%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, data storage device imports soared to $48M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Data Storage Device in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.07.96.414.843.6%
Netherlands0.30.50.612.7248.5%
Taiwan (Chinese)2.30.62.74.020.3%
Thailand1.61.93.33.023.3%
PolandN/A0.50.52.4119.1%
South Korea0.10.30.71.5146.6%
Czech Republic0.40.80.90.931.0%
CroatiaN/AN/A0.10.10.0%
Others13.914.320.58.5-15.1%
Total23.726.735.847.826.3%

Top Suppliers of Data Storage Device to Serbia in 2022:

  1. Taiwan (Chinese) (136.9K units)
  2. China (121.9K units)
  3. Netherlands (43.7K units)
  4. Thailand (40.3K units)
  5. Poland (21.2K units)
  6. Croatia (10.5K units)
  7. South Korea (9.6K units)
  8. Czech Republic (9.5K units)

Data Storage Device Exports in Serbia

Data storage device exports from Serbia expanded to 93K units in 2022, with an increase of 3.5% compared with the year before. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 198% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, data storage device exports dropped to $33M in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 131% against the previous year. As a result, the exports reached the peak of $33M, and then declined in the following year.

Export of Data Storage Device in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.3N/A6.617.975.7%
United States2.56.18.73.39.7%
AustraliaN/AN/A1.41.57.1%
Montenegro0.51.32.31.544.2%
RussiaN/AN/A0.60.60.0%
Bosnia and Herzegovina0.60.21.30.5-5.9%
TurkeyN/AN/AN/A0.30%
KazakhstanN/AN/AN/A0.30%
Netherlands0.20.20.50.20.0%
Croatia0.10.40.20.10.0%
Others3.46.311.96.624.7%
Total10.614.533.432.845.7%

Top Export Markets for Data Storage Device from Serbia in 2022:

  1. Australia (33.4K units)
  2. United Kingdom (16.9K units)
  3. Russia (8.1K units)
  4. Turkey (6.3K units)
  5. United States (4.9K units)
  6. Kazakhstan (4.9K units)
  7. Montenegro (3.5K units)
  8. Bosnia and Herzegovina (1.5K units)
  9. Netherlands (1.1K units)
  10. Croatia (1.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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