Serbia - Garlic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGarlic Price in Serbia - 2023
Contents:
- Garlic Price in Serbia (CIF) - 2022
- Garlic Price in Serbia (FOB) - 2022
- Garlic Imports in Serbia
- Garlic Exports in Serbia
Garlic Price in Serbia (CIF) - 2022
The average garlic import price stood at $2,572 per ton in 2022, with an increase of 8.7% against the previous year. Over the period under review, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 56%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 Spain ($2,767 per ton), while the price for Turkey ($883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Garlic Price in Serbia (FOB) - 2022
The average garlic export price stood at $2,190 per ton in 2022, growing by 3.3% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 78% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,802 per ton), while the average price for exports to Montenegro amounted to $2,023 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Garlic Imports in Serbia
In 2022, supplies from abroad of garlic decreased by -7% to 986 tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, garlic imports stood at $2.5M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Garlic in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,269 | 2,155 | 2,076 | 1,738 | 11.1% |
| Spain | 391 | 297 | 188 | 400 | 0.8% |
| Albania | 139 | 216 | 157 | 345 | 35.4% |
| Turkey | N/A | N/A | 63.3 | 16.0 | -74.7% |
| Egypt | 14.7 | 75.9 | 6.2 | 6.7 | -23.0% |
| Iran | 16.3 | 23.4 | N/A | N/A | 43.6% |
| Others | 21.1 | 12.1 | 17.2 | 30.2 | 12.7% |
| Total | 1,852 | 2,780 | 2,507 | 2,536 | 11.0% |
Top Suppliers of Garlic to Serbia in 2022:
- China (654.5 tons)
- Albania (157.1 tons)
- Spain (144.4 tons)
- Turkey (18.1 tons)
- Egypt (2.8 tons)
Garlic Exports in Serbia
In 2022, the amount of garlic exported from Serbia contracted sharply to 72 tons, which is down by -52.9% compared with the year before. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, the exports attained the peak of 153 tons, and then dropped rapidly in the following year.
In value terms, garlic exports contracted notably to $158K in 2022. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in 2021 when exports increased by 106%. As a result, the exports attained the peak of $325K, and then contracted notably in the following year.
| Export of Garlic in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 90.4 | 34.6 | 130 | 115 | 8.4% |
| Bosnia and Herzegovina | 21.6 | 54.1 | 76.1 | 43.5 | 26.3% |
| Croatia | N/A | 2.7 | 63.4 | N/A | 2248.1% |
| Slovenia | N/A | N/A | 23.6 | N/A | 0% |
| United States | N/A | 62.7 | N/A | N/A | 0% |
| North Macedonia | 17.4 | 3.5 | 2.8 | N/A | -59.9% |
| Turkey | N/A | N/A | 28.3 | N/A | 0% |
| Others | 4.5 | N/A | 0.3 | N/A | -74.2% |
| Total | 134 | 158 | 325 | 158 | 5.6% |
Top Export Markets for Garlic from Serbia in 2022:
- Montenegro (56.7 tons)
- Bosnia and Herzegovina (15.5 tons)
This report provides an in-depth analysis of the garlic 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:
- FCL 406 - Garlic
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Global garlic imports rose by 13% to 2.5M tons in 2020, boosted by the increased popularity of home cooking and a widespread reputation that the product helps to strengthen immunity. Indonesia remains the largest global importer, followed by Vietnam and Malaysia. China dominates global garlic exports, supplying 89% of the total volume. Chinese manufacturers managed to ramp up exports which led to a drop in prices.
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Global garlic consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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Global garlic exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global garlic imports amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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Garlic is closely related to onions, shallots, chives and leeks. It is one of the oldest known horticultural crops, and is an essential ingredient in almost every cuisine around the globe. Its health properties are undeniable. While its antimicrobial c
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