Frozen Strawberries Price in Serbia - 2023
Contents:
- Frozen Strawberries Price in Serbia (FOB) - 2023
- Frozen Strawberries Price in Serbia (CIF) - 2023
- Frozen Strawberries Exports in Serbia
- Frozen Strawberries Imports in Serbia
Frozen Strawberries Price in Serbia (FOB) - 2023
The average frozen strawberries export price stood at $2,328 per ton in October 2023, reducing by -3.7% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 15% against the previous month. As a result, the export price attained the peak level of $2,561 per ton. From January 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Croatia ($3,117 per ton), while the average price for exports to the Netherlands ($1,857 per ton) 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 Italy (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Price in Serbia (CIF) - 2023
In October 2023, the average frozen strawberries import price amounted to $1,466 per ton, rising by 2.5% against the previous month. Over the period under review, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 26% against the previous month. Over the period under review, average import prices attained the peak figure at $1,954 per ton 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 Morocco ($1,968 per ton), while the price for Egypt ($1,251 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Morocco (+1.4%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Exports in Serbia
For the fourth year in a row, Serbia recorded growth in overseas shipments of frozen strawberrieses, which increased by 22% to 8.1K tons in 2022. The total export volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen strawberries exports rose markedly to $18M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Frozen Strawberries in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.8 | 3.0 | 3.5 | 4.2 | 14.5% |
France | 1.7 | 3.1 | 3.0 | 2.5 | 13.7% |
Netherlands | 0.6 | 1.5 | 2.1 | 2.4 | 58.7% |
Belgium | 1.0 | 1.1 | 1.5 | 1.9 | 23.9% |
Austria | 1.5 | 0.9 | 1.2 | 1.5 | 0.0% |
Russia | 0.6 | 0.8 | 0.7 | 1.1 | 22.4% |
Italy | 0.5 | 0.2 | 0.1 | 1.0 | 26.0% |
Sweden | 0.4 | 0.4 | 0.9 | 0.7 | 20.5% |
Croatia | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
Others | 2.5 | 3.3 | 3.9 | 2.7 | 2.6% |
Total | 11.8 | 14.8 | 17.2 | 18.4 | 16.0% |
Top Export Markets for Frozen Strawberries from Serbia in 2022:
- Germany (2186.3 tons)
- France (1168.5 tons)
- Netherlands (1008.7 tons)
- Belgium (654.1 tons)
- Austria (583.1 tons)
- Russia (507.7 tons)
- Italy (406.1 tons)
- Sweden (253.1 tons)
- Croatia (201.1 tons)
Frozen Strawberries Imports in Serbia
In 2022, overseas purchases of frozen strawberrieses decreased by -4.9% to 8.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 169%.
In value terms, frozen strawberries imports dropped to $12M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 129%.
Import of Frozen Strawberries in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | N/A | 1.8 | 4.0 | 4.7 | 61.6% |
Egypt | 0.3 | 1.5 | 3.2 | 3.5 | 126.8% |
Turkey | 0.1 | 0.6 | 0.9 | 1.0 | 115.4% |
Morocco | 0.1 | 1.1 | 0.8 | 1.0 | 115.4% |
Poland | 1.7 | 1.9 | 2.5 | 0.6 | -29.3% |
Albania | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
Spain | 1.0 | 1.6 | 0.9 | 0.1 | -53.6% |
Others | 0.8 | 0.7 | 1.1 | 0.7 | -4.4% |
Total | 4.1 | 9.3 | 13.4 | 12.1 | 43.4% |
Top Suppliers of Frozen Strawberries to Serbia in 2022:
- Spain (undefinedK tons)
- Greece (4.5K tons)
- Egypt (2.4K tons)
- Morocco (0.5K tons)
- Turkey (0.4K tons)
- Albania (0.4K tons)
- Poland (0.3K tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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