Serbia - Fresh Or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Fish Fillet Price in Serbia - 2023
Contents:
- Fresh Fish Fillet Price in Serbia (CIF) - 2023
- Fresh Fish Fillet Price in Serbia (FOB) - 2023
- Fresh Fish Fillet Imports in Serbia
- Fresh Fish Fillet Exports in Serbia
Fresh Fish Fillet Price in Serbia (CIF) - 2023
The average fresh fish fillet import price stood at $5,553 per ton in August 2023, jumping by 31% against the previous month. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in June 2023 when the average import price increased by 113% m-o-m. As a result, import price reached the peak level of $13,708 per ton. From July 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($15,172 per ton), while the price for Vietnam ($1,705 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Norway (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Fish Fillet Price in Serbia (FOB) - 2023
The average fresh fish fillet export price stood at $22,365 per ton in August 2023, with a decrease of -6.7% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in April 2023 when the average export price increased by 9% against the previous month. As a result, the export price reached the peak level of $24,096 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From November 2022 to August 2023, the rate of growth in terms of prices for Italy amounted to +1.3% per month.
Fresh Fish Fillet Imports in Serbia
For the fourth year in a row, Serbia recorded growth in overseas purchases of fresh or chilled fish fillets, which increased by 101% to 1.3K tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh fish fillet imports soared to $9.1M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh Fish Fillet in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 180 | 419 | 1,366 | 6,469 | 230.0% |
| Vietnam | 538 | 541 | 629 | 1,458 | 39.4% |
| Bosnia and Herzegovina | 100 | 221 | 356 | 550 | 76.5% |
| Spain | 171 | 224 | 318 | 289 | 19.1% |
| Croatia | 793 | 469 | 557 | 49.2 | -60.4% |
| Others | 133 | 230 | 309 | 278 | 27.9% |
| Total | 1,916 | 2,104 | 3,534 | 9,093 | 68.0% |
Top Suppliers of Fresh Fish Fillet to Serbia in 2022:
- Vietnam (623.4 tons)
- Norway (531.2 tons)
- Bosnia and Herzegovina (64.9 tons)
- Spain (23.8 tons)
- Croatia (9.1 tons)
Fresh Fish Fillet Exports in Serbia
In 2022, shipments abroad of fresh or chilled fish fillets decreased by -27.5% to 88 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 121 tons, and then contracted sharply in the following year.
In value terms, fresh fish fillet exports shrank dramatically to $1.8M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, the exports attained the peak of $2.1M, and then shrank significantly in the following year.
| Export of Fresh Fish Fillet in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.3 | 1.4 | 2.1 | 1.8 | 11.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 1.4 | 2.1 | 1.8 | 11.5% |
Top Export Markets for Fresh Fish Fillet from Serbia in 2022:
- Italy (87.8 tons)
This report provides an in-depth analysis of the fresh fish fillet 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
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
-
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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