Serbia - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Serbia - Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Particle Board Price in Serbia - 2023

Contents:

  1. Particle Board Price in Serbia (CIF) - 2023
  2. Particle Board Price in Serbia (FOB) - 2023
  3. Particle Board Imports in Serbia
  4. Particle Board Exports in Serbia

Particle Board Price in Serbia (CIF) - 2023

The average particle board import price stood at $570 per thousand cubic meters in November 2023, standing approximately at the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 11% against the previous month. The import price peaked at $680 per thousand cubic meters in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($907 per thousand cubic meters), while the price for Turkey ($451 per thousand cubic meters) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (-0.2%), while the prices for the other major suppliers experienced a decline.

Particle Board Price in Serbia (FOB) - 2023

The average particle board export price stood at $524 per thousand cubic meters in November 2023, increasing by 9.8% against the previous month. Over the period under review, the export price, however, recorded a mild downturn. Over the period under review, the average export prices attained the maximum at $640 per thousand cubic meters in May 2023; however, from June 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 Germany ($1.7 per cubic meter), while the average price for exports to Italy ($288 per thousand cubic meters) 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 Albania (+2.9%), while the prices for the other major destinations experienced a decline.

Particle Board Imports in Serbia

In 2022, purchases abroad of particle board decreased by -4.9% to 247K cubic meters, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 8.3% against the previous year. As a result, imports attained the peak of 265K cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, particle board imports rose markedly to $91M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Particle Board in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania30.534.141.943.012.1%
Bulgaria7.48.510.510.813.4%
Austria4.23.84.99.229.9%
Hungary5.25.97.98.819.2%
Turkey0.50.51.44.1101.7%
Croatia0.60.31.93.478.3%
Czech Republic1.41.82.12.114.5%
Russia2.02.82.42.11.6%
Ukraine3.42.52.61.0-33.5%
Italy1.50.91.20.9-15.7%
Belarus2.72.42.30.8-33.3%
Others1.62.74.15.248.1%
Total61.166.283.091.314.3%

Top Suppliers of Particle Board to Serbia in 2022:

  1. Romania (118.5K cubic meters)
  2. Bulgaria (27.9K cubic meters)
  3. Hungary (25.6K cubic meters)
  4. Austria (18.7K cubic meters)
  5. Croatia (14.0K cubic meters)
  6. Turkey (12.6K cubic meters)
  7. Russia (6.1K cubic meters)
  8. Ukraine (3.7K cubic meters)
  9. Czech Republic (3.7K cubic meters)
  10. Belarus (3.1K cubic meters)
  11. Italy (2.1K cubic meters)

Particle Board Exports in Serbia

In 2022, particle board exports from Serbia reduced dramatically to 49K cubic meters, shrinking by -27.9% against 2021 figures. Over the period under review, exports recorded a abrupt downturn. The smallest decline of -3.3% was in 2021. Over the period under review, the exports hit record highs at 81K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, particle board exports dropped to $18M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. As a result, the exports attained the peak of $20M, and then contracted in the following year.

Export of Particle Board in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro3.83.94.96.016.4%
North Macedonia3.53.34.23.2-2.9%
Bosnia and Herzegovina2.83.14.12.80.0%
Albania0.61.12.42.254.2%
Italy1.91.92.72.25.0%
Germany0.90.91.21.210.1%
Croatia1.21.30.60.3-37.0%
Bulgaria1.4N/AN/AN/A0%
Slovenia0.90.1N/AN/A-88.9%
Others0.10.10.10.10.0%
Total16.915.720.217.81.7%

Top Export Markets for Particle Board from Serbia in 2022:

  1. Slovenia (undefinedK cubic meters)
  2. Bulgaria (undefinedK cubic meters)
  3. Montenegro (14.4K cubic meters)
  4. North Macedonia (10.4K cubic meters)
  5. Italy (7.6K cubic meters)
  6. Bosnia and Herzegovina (7.5K cubic meters)
  7. Albania (6.6K cubic meters)
  8. Germany (1.1K cubic meters)
  9. Croatia (0.9K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the particle board 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 1697 - Particle board
  • FCL 1606 - OSB

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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