Insects; Live, Bees Price in Serbia - 2022

Contents:

  1. Insects; Live, Bees Price in Serbia (FOB) - 2022
  2. Insects; Live, Bees Price in Serbia (CIF) - 2022
  3. Insects; Live, Bees Exports in Serbia
  4. Insects; Live, Bees Imports in Serbia

Insects; Live, Bees Price in Serbia (FOB) - 2022

The average insects; live, bees export price stood at $24 per unit in 2022, waning by -3.4% against the previous year. Overall, the export price saw a pronounced slump. The growth pace was the most rapid in 2015 an increase of 100%. The export price peaked at $53 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Lebanon.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +48.7% per year.

Insects; Live, Bees Price in Serbia (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $20 per unit, surging by 13% against the previous year. Over the last one-year period, it increased at an average annual rate of +13.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Slovenia.

From 2021 to 2022, the rate of growth in terms of prices for Slovenia amounted to +1,905.6% per year.

Insects; Live, Bees Exports in Serbia

Insects; live, bees exports from Serbia dropped markedly to 141 units in 2022, which is down by -26.9% compared with the previous year's figure. Overall, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 56%. Over the period under review, the exports reached the peak figure at 470 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, insects; live, bees exports declined notably to $3.4K in 2022. In general, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 6.8% against the previous year. Over the period under review, the exports reached the peak figure at $23K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Insects; Live, Bees in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon7.61.61.53.4-23.5%
Russia7.61.82.0N/A-48.7%
Jordan7.61.11.4N/A-57.1%
OthersN/AN/AN/AN/A0%
Total22.84.54.83.4-47.0%

Top Export Markets for Insects; Live, Bees from Serbia in 2022:

  1. Lebanon (141.0 units)

Insects; Live, Bees Imports in Serbia

In 2022, insects; live, bees imports into Serbia shrank rapidly to 18 units, with a decrease of -52.6% compared with 2021. In general, imports recorded a sharp descent. Imports peaked at 38 units in 2021, and then contracted significantly in the following year.

In value terms, insects; live, bees imports fell sharply to $361 in 2022. Over the period under review, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of $334K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Insects; Live, Bees in Serbia (USD)
COUNTRY20212022CAGR,
2021-2022
Slovenia1.036136000.0%
Slovakia217N/A0%
Belgium119N/A0%
Others335N/A0%
Total672361-46.3%

Top Suppliers of Insects; Live, Bees to Serbia in 2022:

  1. Slovenia (18.0 units)

Source: IndexBox Market Intelligence Platform

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