Photographic Paper Price in Serbia - 2023

Contents:

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

Photographic Paper Price in Serbia (CIF) - 2022

In 2022, the average photographic paper import price amounted to $7.1 per square meter, reducing by -3.3% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, photographic paper import price increased by +8.5% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 57%. As a result, import price reached the peak level of $9.2 per square meter. From 2015 to 2022, the average import prices remained at a lower figure.

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 the UK ($24 per square meter), while the price for India ($3.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Photographic Paper Price in Serbia (FOB) - 2022

In 2022, the average photographic paper export price amounted to $11 per square meter, growing by 18% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 173%. The export price peaked at $21 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($19 per square meter), while the average price for exports to North Macedonia ($6.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.

Photographic Paper Imports in Serbia

In 2022, the amount of photographic paper, paperboard and textiles imported into Serbia soared to 229K square meters, increasing by 61% against the year before. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, photographic paper imports surged to $1.6M in 2022. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 88% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Photographic Paper in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8442979311,47020.3%
Japan66.040.548.646.9-10.8%
China7.51.76.237.270.5%
IndiaN/A13.6N/A14.11.8%
Germany64.039.142.212.6-41.8%
AlbaniaN/A155N/AN/A0%
Others34.09.215.638.24.0%
Total1,0155561,0441,61916.8%

Top Suppliers of Photographic Paper to Serbia in 2022:

  1. Netherlands (205.4K square meters)
  2. China (9.5K square meters)
  3. Japan (6.1K square meters)
  4. India (3.9K square meters)
  5. Germany (1.7K square meters)

Photographic Paper Exports in Serbia

In 2022, the amount of photographic paper, paperboard and textiles exported from Serbia skyrocketed to 2.6K square meters, rising by 118% against the previous year's figure. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, photographic paper exports soared to $29K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Photographic Paper in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro10.816.48.021.425.6%
KyrgyzstanN/AN/AN/A5.50%
Czech Republic1.91.82.10.7-28.3%
North Macedonia1.1N/A0.70.6-18.3%
Bosnia and Herzegovina0.5N/A0.30.3-15.7%
Others0.8N/AN/AN/A0%
Total15.018.211.128.523.9%

Top Export Markets for Photographic Paper from Serbia in 2022:

  1. Montenegro (2175.0 square meters)
  2. Kyrgyzstan (293.0 square meters)
  3. North Macedonia (85.0 square meters)
  4. Bosnia and Herzegovina (45.0 square meters)
  5. Czech Republic (25.0 square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Photographic Paper, Paperboard And Textiles - Serbia