Electric Rotary Converter Price in Serbia - 2024

Contents:

  1. Electric Rotary Converter Price in Serbia (FOB) - 2022
  2. Electric Rotary Converter Price in Serbia (CIF) - 2022
  3. Electric Rotary Converter Exports in Serbia
  4. Electric Rotary Converter Imports in Serbia

Electric Rotary Converter Price in Serbia (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $92 per unit, falling by -24.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 2,045%. As a result, the export price reached the peak level of $3,816 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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 Montenegro ($182 per unit), while the average price for exports to Bosnia and Herzegovina stood at $54 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-12.3%).

Electric Rotary Converter Price in Serbia (CIF) - 2022

In 2022, the average electric rotary converter import price amounted to $704 per unit, with a decrease of -10.8% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 151%. As a result, import price reached the peak level of $1,800 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,016 per unit), while the price for Italy ($307 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+200.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Rotary Converter Exports in Serbia

In 2022, the amount of electric rotary converters exported from Serbia surged to 2.3K units, growing by 1,098% against 2021 figures. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric rotary converter exports surged to $213K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Rotary Converter in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro11.037.17.4126125.4%
Bosnia and Herzegovina0.413.712.686.9501.2%
Others4.72.23.5N/A-13.7%
Total16.252.923.5213136.0%

Top Export Markets for Electric Rotary Converter from Serbia in 2022:

  1. Bosnia and Herzegovina (1.6K units)
  2. Montenegro (0.7K units)

Electric Rotary Converter Imports in Serbia

Electric rotary converter imports into Serbia dropped sharply to 160 units in 2022, which is down by -54.8% on the previous year. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 63%. As a result, imports reached the peak of 354 units, and then contracted sharply in the following year.

In value terms, electric rotary converter imports shrank sharply to $113K in 2022. Overall, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 221% against the previous year. As a result, imports reached the peak of $279K, and then contracted significantly in the following year.

Import of Electric Rotary Converter in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.49.512664.2144.4%
Italy21.915.741.821.4-0.8%
Malta13.618.217.18.7-13.8%
Spain11.112.012.06.1-18.1%
Slovenia4.410.111.05.68.4%
Germany5.06.09.95.10.7%
Bulgaria1.00.9N/AN/A-10.0%
Hong Kong SARN/AN/A0.3N/A0%
Others18.114.661.41.8-53.7%
Total79.587.027911312.4%

Top Suppliers of Electric Rotary Converter to Serbia in 2022:

  1. Italy (70.0 units)
  2. Malta (28.0 units)
  3. China (21.0 units)
  4. Slovenia (14.0 units)
  5. Germany (13.0 units)
  6. Spain (12.0 units)

Source: IndexBox Market Intelligence Platform

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