Report Update: May 1, 2024

Serbia - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights

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Dried Prune Price in Serbia - 2023

Dried Prune Price in Serbia (FOB) - 2023

In November 2023, the average dried prune export price amounted to $3,472 per ton, which is down by -5.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 21% month-to-month. As a result, the export price attained the peak level of $4,295 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($5,780 per ton), while the average price for exports to Bosnia and Herzegovina ($2,038 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 Bulgaria (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Price in Serbia (CIF) - 2022

The average dried prune import price stood at $4,066 per ton in 2022, growing by 35% against the previous year. In general, the import price recorded a strong increase. The pace of growth was the most pronounced in 2018 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($10,885 per ton), while the price for Slovenia ($3,386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Dried Prune Exports in Serbia

In 2022, after three years of growth, there was significant decline in shipments abroad of dried prunes, when their volume decreased by -15.9% to 4.7K tons. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% 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 +28.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of 5.6K tons, and then reduced dramatically in the following year.

In value terms, dried prune exports surged to $22M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 114%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Dried Prune in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	65.8	778	2,670	537.0%
Croatia	969	987	1,562	2,400	35.3%
France	674	368	1,278	2,380	52.3%
Turkey	630	934	1,551	2,062	48.5%
Greece	256	325	511	1,646	86.0%
Italy	574	557	788	1,562	39.6%
Slovenia	867	916	1,464	1,386	16.9%
Russia	1,011	975	2,755	1,083	2.3%
Slovakia	21.4	81.7	1,210	1,005	260.8%
Bulgaria	402	534	536	970	34.1%
Bosnia and Herzegovina	593	602	695	858	13.1%
Algeria	232	39.1	46.3	777	49.6%
North Macedonia	432	470	826	418	-1.1%
Others	856	1,578	4,047	3,065	53.0%
Total	7,517	8,433	18,046	22,280	43.6%

Top Export Markets for Dried Prune from Serbia in 2022:

France (564.8 tons)
Netherlands (487.5 tons)
Croatia (476.0 tons)
Greece (418.9 tons)
Turkey (351.3 tons)
Italy (322.8 tons)
Slovenia (280.3 tons)
Bulgaria (272.8 tons)
Bosnia and Herzegovina (261.4 tons)
Algeria (200.7 tons)
Russia (185.1 tons)
Slovakia (173.8 tons)
North Macedonia (78.1 tons)

Dried Prune Imports in Serbia

In 2022, after three years of growth, there was significant decline in purchases abroad of dried prunes, when their volume decreased by -63.6% to 68 tons. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year.

In value terms, dried prune imports plummeted to $275K in 2022. Overall, imports recorded a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $560K, and then contracted sharply in the following year.

Import of Dried Prune in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	N/A	N/A	N/A	84.1	0%
Turkey	N/A	N/A	N/A	45.3	0%
Slovenia	7.9	N/A	4.7	39.5	71.0%
Hungary	N/A	N/A	N/A	24.3	0%
Croatia	N/A	8.9	21.5	24.0	64.2%
Poland	N/A	N/A	31.8	19.5	-38.7%
Montenegro	N/A	13.0	53.0	8.3	-20.1%
France	67.8	31.9	20.9	5.2	-57.5%
Italy	N/A	N/A	45.1	0.1	-99.8%
Chile	175	331	201	N/A	7.2%
Moldova	N/A	N/A	54.5	N/A	0%
Greece	43.3	N/A	N/A	N/A	0%
Netherlands	N/A	N/A	115	N/A	0%
Others	6.6	5.6	12.7	24.2	54.2%
Total	301	391	560	275	-3.0%

Top Suppliers of Dried Prune to Serbia in 2022:

Slovakia (21.9 tons)
Slovenia (11.7 tons)
Turkey (11.0 tons)
Hungary (6.2 tons)
Croatia (6.0 tons)
Poland (4.5 tons)
Montenegro (2.1 tons)
France (0.6 tons)
Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried prune 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:

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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