Serbia - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Serbia - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights

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Fiberboard Price in Serbia - 2023

Contents:

  1. Fiberboard Price in Serbia (CIF) - 2023
  2. Fiberboard Price in Serbia (FOB) - 2023
  3. Fiberboard Imports in Serbia
  4. Fiberboard Exports in Serbia

Fiberboard Price in Serbia (CIF) - 2023

In October 2023, the average fiberboard import price amounted to $695 per thousand cubic meters, shrinking by -2.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 5% against the previous month. Over the period under review, average import prices hit record highs at $808 per thousand cubic meters in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($862 per thousand cubic meters), while the price for Romania ($475 per thousand cubic meters) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Fiberboard Price in Serbia (FOB) - 2023

The average fiberboard export price stood at $632 per thousand cubic meters in October 2023, shrinking by -5.8% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 21% month-to-month. As a result, the export price attained the peak level of $0.9 per cubic meter. From March 2023 to October 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Croatia ($1.1 per cubic meter), while the average price for exports to Greece ($406 per thousand cubic meters) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+0.2%), while the prices for the other major destinations experienced a decline.

Fiberboard Imports in Serbia

In 2022, overseas purchases of fiber board of wood or other ligneous materials decreased by -8.2% to 575K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 7.7% against the previous year. Imports peaked at 626K cubic meters in 2021, and then shrank in the following year.

In value terms, fiberboard imports expanded notably to $78M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Fiberboard in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania9.710.112.514.514.3%
Turkey4.26.29.613.346.8%
Germany7.48.18.710.110.9%
Hungary5.15.67.88.819.9%
Russia8.38.59.97.5-3.3%
BulgariaN/AN/A4.35.630.2%
Poland3.23.74.83.75.0%
Slovenia1.81.92.73.322.4%
Austria4.64.53.43.0-13.3%
Ukraine0.91.11.31.415.9%
Belarus1.61.60.80.5-32.1%
Others4.44.86.25.910.3%
Total51.256.171.877.815.0%

Top Suppliers of Fiberboard to Serbia in 2022:

  1. Romania (121.7K cubic meters)
  2. Turkey (92.2K cubic meters)
  3. Germany (82.5K cubic meters)
  4. Hungary (67.0K cubic meters)
  5. Russia (46.4K cubic meters)
  6. Bulgaria (46.0K cubic meters)
  7. Slovenia (27.2K cubic meters)
  8. Poland (25.6K cubic meters)
  9. Austria (13.7K cubic meters)
  10. Ukraine (12.3K cubic meters)
  11. Belarus (4.2K cubic meters)

Fiberboard Exports in Serbia

In 2022, the amount of fiber board of wood or other ligneous materials exported from Serbia fell dramatically to 110K cubic meters, dropping by -26% on 2021. Overall, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 1.3% against the previous year. Over the period under review, the exports reached the peak figure at 154K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, fiberboard exports declined to $15M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of $16M, and then reduced in the following year.

Export of Fiberboard in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro1.81.62.42.714.5%
Bosnia and Herzegovina1.81.82.52.410.1%
Romania1.01.51.82.332.0%
Croatia1.92.02.41.5-7.6%
Bulgaria1.51.72.01.50.0%
Italy1.31.00.91.1-5.4%
Germany0.70.70.81.116.3%
Belgium0.91.00.80.8-3.9%
North Macedonia1.00.70.90.5-20.6%
Others1.51.61.71.3-4.7%
Total13.513.616.115.34.3%

Top Export Markets for Fiberboard from Serbia in 2022:

  1. Montenegro (15.9K cubic meters)
  2. Romania (15.7K cubic meters)
  3. Bosnia and Herzegovina (15.1K cubic meters)
  4. Italy (11.4K cubic meters)
  5. Germany (10.4K cubic meters)
  6. Bulgaria (9.1K cubic meters)
  7. Belgium (8.6K cubic meters)
  8. Croatia (7.8K cubic meters)
  9. North Macedonia (4.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fiberboard 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 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
  • Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
  • Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
  • Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
  • Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
  • Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.

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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