Serbia - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpanded Metal Price in Serbia - 2023
Contents:
- Expanded Metal Price in Serbia (CIF) - 2022
- Expanded Metal Price in Serbia (FOB) - 2022
- Expanded Metal Imports in Serbia
- Expanded Metal Exports in Serbia
Expanded Metal Price in Serbia (CIF) - 2022
In 2022, the average expanded metal import price amounted to $3,134 per ton, with an increase of 18% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, expanded metal import price increased by +42.2% against 2017 indices. The growth pace was the most rapid in 2017 when the average import price increased by 62%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 the Netherlands ($10,081 per ton), while the price for Bosnia and Herzegovina ($2,102 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Expanded Metal Price in Serbia (FOB) - 2022
The average expanded metal export price stood at $2,051 per ton in 2022, falling by -5.5% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs at $4,788 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($2,827 per ton), while the average price for exports to North Macedonia ($1,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Expanded Metal Imports in Serbia
In 2022, approx. 252 tons of iron or steel expanded metal were imported into Serbia; rising by 3.8% compared with 2021. The total import volume increased at an average annual rate of +4.7% 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 when imports increased by 39%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, expanded metal imports skyrocketed to $791K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Expanded Metal in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 87.9 | 183 | 107 | 411 | 67.2% |
Netherlands | 112 | 113 | 105 | 124 | 3.5% |
Bosnia and Herzegovina | 145 | 48.2 | 121 | 84.4 | -16.5% |
Italy | 37.3 | 48.2 | 212 | 83.7 | 30.9% |
China | 3.8 | 17.6 | 21.6 | 63.9 | 156.2% |
Czech Republic | 37.5 | 8.2 | 40.0 | 12.9 | -29.9% |
Others | 36.3 | 52.9 | 40.9 | 11.0 | -32.8% |
Total | 460 | 471 | 647 | 791 | 19.8% |
Top Suppliers of Expanded Metal to Serbia in 2022:
- Germany (141.7 tons)
- Bosnia and Herzegovina (40.2 tons)
- Italy (28.0 tons)
- China (21.2 tons)
- Netherlands (12.3 tons)
- Czech Republic (5.4 tons)
Expanded Metal Exports in Serbia
For the fourth year in a row, Serbia recorded growth in overseas shipments of iron or steel expanded metal, which increased by 2.9% to 82 tons in 2022. The total export volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, expanded metal exports reduced modestly to $168K in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $173K, and then fell slightly in the following year.
Export of Expanded Metal in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 95.4 | 113 | 125 | 80.0 | -5.7% |
Bosnia and Herzegovina | 3.9 | 4.4 | 7.2 | 61.1 | 150.2% |
Montenegro | 14.7 | 4.9 | 8.4 | 13.9 | -1.8% |
North Macedonia | 27.0 | 11.1 | 10.4 | 7.0 | -36.2% |
Germany | N/A | 5.7 | 21.2 | 4.4 | -12.1% |
Others | 7.1 | 1.6 | 1.0 | 1.8 | -36.7% |
Total | 148 | 141 | 173 | 168 | 4.3% |
Top Export Markets for Expanded Metal from Serbia in 2022:
- Croatia (36.7 tons)
- Bosnia and Herzegovina (33.1 tons)
- North Macedonia (5.2 tons)
- Montenegro (4.9 tons)
- Germany (1.9 tons)
This report provides an in-depth analysis of the expanded metal 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 25931350 - Iron or steel expanded metal
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
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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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