Serbia - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Cutting Machine Price in Serbia - 2023
Contents:
- Gear Cutting Machine Price in Serbia (CIF) - 2022
- Gear Cutting Machine Price in Serbia (FOB) - 2022
- Gear Cutting Machine Imports in Serbia
- Gear Cutting Machine Exports in Serbia
Gear Cutting Machine Price in Serbia (CIF) - 2022
The average gear cutting machine import price stood at $21,694 per unit in 2022, reducing by -62.7% against the previous year. In general, the import price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 558%. The import price peaked at $58,108 per unit in 2021, and then dropped significantly in the following year.
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 China ($49,865 per unit), while the price for France ($1,168 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+98.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Cutting Machine Price in Serbia (FOB) - 2022
The average gear cutting machine export price stood at $28,061 per unit in 2022, rising by 1,428% against the previous year. Overall, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($214,532 per unit), while the average price for exports to Cyprus ($7,277 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.
Gear Cutting Machine Imports in Serbia
In 2022, approx. 14 units of gear cutting, gear grinding or gear finishing machines were imported into Serbia; shrinking by -17.6% against 2021 figures. Overall, imports saw a dramatic contraction. Imports peaked at 60 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, gear cutting machine imports reduced rapidly to $304K in 2022. In general, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Imports peaked at $991K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Gear Cutting Machine in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 462 | 46.5 | 669 | 199 | -24.5% |
| Czech Republic | N/A | N/A | N/A | 44.5 | 0% |
| Italy | 13.4 | 34.2 | N/A | 27.4 | 26.9% |
| Russia | 7.0 | 11.8 | N/A | 21.6 | 45.6% |
| Spain | N/A | N/A | N/A | 6.9 | 0% |
| Germany | 6.2 | 508 | 48.5 | 2.7 | -24.2% |
| France | N/A | N/A | N/A | 1.2 | 0% |
| Switzerland | 319 | N/A | 270 | N/A | -8.0% |
| Japan | 184 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 52.0 | N/A | N/A | 25900.0% |
| Total | 991 | 652 | 988 | 304 | -32.6% |
Top Suppliers of Gear Cutting Machine to Serbia in 2022:
- China (4.0 units)
- Spain (4.0 units)
- Italy (2.0 units)
- Czech Republic (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
- Russia (1.0 units)
Gear Cutting Machine Exports in Serbia
Gear cutting machine exports from Serbia fell markedly to 10 units in 2022, which is down by -70.6% on the year before. Over the period under review, exports, however, posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 467%. As a result, the exports attained the peak of 34 units, and then contracted notably in the following year.
In value terms, gear cutting machine exports surged to $281K in 2022. Overall, exports, however, posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Gear Cutting Machine in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 215 | 0% |
| Cyprus | N/A | N/A | N/A | 58.2 | 0% |
| Turkey | N/A | N/A | N/A | 7.9 | 0% |
| Bulgaria | N/A | 5.2 | N/A | N/A | 0% |
| South Korea | N/A | N/A | 18.7 | N/A | 0% |
| Switzerland | N/A | 5.5 | N/A | N/A | 0% |
| Bosnia and Herzegovina | 28.1 | 2.7 | 6.1 | N/A | -53.4% |
| Sweden | N/A | 0.2 | N/A | N/A | 0% |
| India | N/A | N/A | 17.9 | N/A | 0% |
| Romania | N/A | N/A | 19.8 | N/A | 0% |
| Others | N/A | 9.0 | N/A | N/A | 0% |
| Total | 28.1 | 22.6 | 62.4 | 281 | 115.4% |
Top Export Markets for Gear Cutting Machine from Serbia in 2022:
- Cyprus (8.0 units)
- Turkey (1.0 units)
- Hong Kong SAR (1.0 units)
This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)
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.
-
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
-
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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