Serbia - Root Or Tuber Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Serbia - Root Or Tuber Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Harvesting Machinery Price in Serbia - 2023

Contents:

  1. Harvesting Machinery Price in Serbia (CIF) - 2022
  2. Harvesting Machinery Price in Serbia (FOB) - 2022
  3. Harvesting Machinery Imports in Serbia
  4. Harvesting Machinery Exports in Serbia

Harvesting Machinery Price in Serbia (CIF) - 2022

The average harvesting machinery import price stood at $46,378 per unit in 2022, falling by -35.7% against the previous year. In general, the import price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs at $72,149 per unit in 2021, and then declined remarkably 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 Denmark ($140,031 per unit), while the price for Croatia ($1,231 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+78.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Harvesting Machinery Price in Serbia (FOB) - 2022

In 2022, the average harvesting machinery export price amounted to $14,135 per unit, with a decrease of -23.1% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 367%. As a result, the export price reached the peak level of $22,786 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($26,853 per unit), while the average price for exports to Croatia ($3,245 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+132.1%), while the prices for the other major destinations experienced more modest paces of growth.

Harvesting Machinery Imports in Serbia

In 2022, overseas purchases of root or tuber harvesting machines decreased by -21.7% to 36 units, falling for the second year in a row after two years of growth. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.3% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 69%. As a result, imports reached the peak of 54 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, harvesting machinery imports fell significantly to $1.7M in 2022. Overall, imports, however, continue to indicate temperate growth. The growth pace was the most rapid in 2020 with an increase of 116%. Imports peaked at $3.3M in 2021, and then fell rapidly in the following year.

Import of Harvesting Machinery in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark12238450156066.2%
Germany6272,6092,400540-4.9%
France32.939.613123392.0%
Italy55.773.915592.718.5%
Poland53394.435.188.5-45.0%
AustriaN/A1.80.586.0591.2%
NorwayN/AN/AN/A25.10%
NetherlandsN/A16.39.719.49.1%
Slovenia25.018.024.410.8-24.4%
Hungary30.8N/A33.67.6-37.3%
Croatia1.119.1N/A1.22.9%
SwitzerlandN/A8.6N/AN/A0%
Others85.7N/A28.94.8-61.7%
Total1,5133,2653,3191,6703.3%

Top Suppliers of Harvesting Machinery to Serbia in 2022:

  1. Germany (11.0 units)
  2. Denmark (4.0 units)
  3. Poland (4.0 units)
  4. Italy (3.0 units)
  5. France (3.0 units)
  6. Austria (3.0 units)
  7. Norway (3.0 units)
  8. Netherlands (1.0 units)
  9. Hungary (1.0 units)
  10. Slovenia (1.0 units)
  11. Croatia (1.0 units)

Harvesting Machinery Exports in Serbia

In 2022, harvesting machinery exports from Serbia declined notably to 5 units, with a decrease of -82.1% against 2021. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 600%. As a result, the exports attained the peak of 28 units, and then dropped notably in the following year.

In value terms, harvesting machinery exports dropped notably to $71K in 2022. In general, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 717% against the previous year. As a result, the exports reached the peak of $515K, and then shrank rapidly in the following year.

Export of Harvesting Machinery in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany159N/A49953.7-30.4%
Montenegro1.7N/A2.37.664.7%
Bosnia and Herzegovina10135.76.06.2-60.6%
Croatia2.027.24.63.217.0%
Bulgaria0.1N/A0.3N/A73.2%
FranceN/A0.10.2N/A100.0%
North Macedonia2.0N/A2.6N/A14.0%
Poland99.4N/AN/AN/A0%
NetherlandsN/AN/A0.3N/A0%
Romania0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total36563.051570.7-42.1%

Top Export Markets for Harvesting Machinery from Serbia in 2022:

  1. Germany (2.0 units)
  2. Montenegro (1.0 units)
  3. Croatia (1.0 units)
  4. Bosnia and Herzegovina (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the harvesting machinery 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 28305420 - Potato-diggers and potato harvesters
  • Prodcom 28305450 - Beet-topping machines and beet harvesters
  • Prodcom 28305480 - Root or tuber harvesting machines (excluding potato-diggers and potato harvesters, beet-topping machines and beet harvesters)

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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Free Data: Root Or Tuber Harvesting Machines - Serbia