Report Update: May 1, 2024

Serbia - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights

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Metal Flexible Tubing Price in Serbia - 2023

Metal Flexible Tubing Price in Serbia (FOB) - 2023

In November 2023, the average metal flexible tubing export price amounted to $27,545 per ton, picking up by 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices attained the maximum at $28,559 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($32,301 per ton), while the average price for exports to Turkey ($7,713 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Flexible Tubing Price in Serbia (CIF) - 2022

The average metal flexible tubing import price stood at $7,005 per ton in 2022, with a decrease of -16.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $9,233 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($22,142 per ton), while the price for Bosnia and Herzegovina ($3,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Flexible Tubing Exports in Serbia

In 2022, overseas shipments of iron or steel flexible tubing decreased by -6% to 798 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 850 tons, and then shrank in the following year.

In value terms, metal flexible tubing exports rose notably to $17M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Metal Flexible Tubing in Serbia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	6.5	8.2	10.2	9.7	14.3%
Germany	1.6	2.3	3.3	4.6	42.2%
Austria	0.3	0.6	0.7	1.0	49.4%
Italy	0.3	0.3	0.4	0.6	26.0%
Finland	0.3	0.3	0.4	0.3	0.0%
Turkey	0.7	0.3	0.3	0.2	-34.1%
Slovakia	0.1	0.1	0.1	0.2	26.0%
Russia	0.2	0.2	0.1	N/A	-29.3%
Others	0.4	0.4	0.7	0.6	14.5%
Total	10.4	12.6	16.2	17.2	18.3%

Top Export Markets for Metal Flexible Tubing from Serbia in 2022:

Sweden (311.9 tons)
Germany (206.6 tons)
Austria (75.6 tons)
Turkey (72.8 tons)
Italy (48.0 tons)
Finland (20.2 tons)
Slovakia (12.7 tons)
Russia (4.3 tons)

Metal Flexible Tubing Imports in Serbia

In 2022, the amount of iron or steel flexible tubing imported into Serbia contracted notably to 346 tons, declining by -22.2% against 2021 figures. Overall, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of 444 tons, and then contracted dramatically in the following year.

In value terms, metal flexible tubing imports shrank markedly to $2.4M in 2022. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 104%. As a result, imports reached the peak of $3.7M, and then contracted markedly in the following year.

Import of Metal Flexible Tubing in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	452	358	993	442	-0.7%
Bosnia and Herzegovina	61.4	129	237	416	89.2%
China	98.7	123	282	390	58.1%
Croatia	571	267	925	334	-16.4%
Italy	341	364	230	218	-13.9%
Czech Republic	167	131	87.7	97.1	-16.5%
Others	222	451	972	524	33.1%
Total	1,913	1,823	3,727	2,421	8.2%

Top Suppliers of Metal Flexible Tubing to Serbia in 2022:

Bosnia and Herzegovina (127.7 tons)
Turkey (114.3 tons)
China (36.8 tons)
Italy (26.4 tons)
Croatia (15.1 tons)
Czech Republic (6.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal flexible tubing 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 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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