Serbia - Beef And Veal (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Beef Price in Serbia - 2023
Contents:
- Preserved Beef Price in Serbia (CIF) - 2023
- Preserved Beef Price in Serbia (FOB) - 2022
- Preserved Beef Imports in Serbia
- Preserved Beef Exports in Serbia
Preserved Beef Price in Serbia (CIF) - 2023
In November 2023, the average preserved beef import price amounted to $15,672 per ton, waning by -19.4% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 8.3% month-to-month. As a result, import price reached the peak level of $19,432 per ton, and then contracted markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($24,917 per ton), while the price for North Macedonia ($12,069 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Beef Price in Serbia (FOB) - 2022
In 2022, the average preserved beef export price amounted to $26,936 per ton, which is down by -12.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 26%. As a result, the export price reached the peak level of $33,150 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($41,897 per ton), while the average price for exports to Bosnia and Herzegovina ($14,982 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Beef Imports in Serbia
In 2022, preserved beef imports into Serbia soared to 112 tons, increasing by 29% on the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% 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 +68.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, preserved beef imports skyrocketed to $1.6M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +76.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Beef in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 638 | 411 | 707 | 1,139 | 21.3% |
| Bosnia and Herzegovina | 104 | 356 | 370 | 342 | 48.7% |
| Italy | 56.7 | 61.3 | 88.0 | 95.8 | 19.1% |
| Austria | 62.0 | 27.2 | 33.8 | 23.0 | -28.1% |
| Others | 87.7 | 60.0 | 15.6 | 14.7 | -44.9% |
| Total | 948 | 915 | 1,214 | 1,615 | 19.4% |
Top Suppliers of Preserved Beef to Serbia in 2022:
- Montenegro (82.4 tons)
- Bosnia and Herzegovina (23.7 tons)
- Italy (3.9 tons)
- Austria (1.4 tons)
Preserved Beef Exports in Serbia
In 2022, the amount of beef and veal (salted, in brine, dried or smoked) exported from Serbia expanded markedly to 12 tons, surging by 11% compared with the previous year's figure. Over the period under review, exports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year.
In value terms, preserved beef exports fell slightly to $320K in 2022. Overall, exports, however, showed a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 20%.
| Export of Preserved Beef in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 209 | 188 | 174 | 154 | -9.7% |
| Croatia | N/A | N/A | 31.0 | 53.6 | 72.9% |
| Montenegro | 83.9 | 38.9 | 49.4 | 50.7 | -15.5% |
| Sweden | 29.6 | 23.7 | 31.2 | 16.8 | -17.2% |
| Bosnia and Herzegovina | 0.3 | 0.1 | N/A | 15.8 | 274.8% |
| Slovenia | 5.1 | 24.2 | 27.8 | 13.4 | 38.0% |
| Switzerland | 5.8 | 1.5 | 4.8 | 7.0 | 6.5% |
| Others | 13.8 | 0.1 | 11.9 | 8.7 | -14.3% |
| Total | 347 | 276 | 330 | 320 | -2.7% |
Top Export Markets for Preserved Beef from Serbia in 2022:
- North Macedonia (4.7 tons)
- Croatia (3.1 tons)
- Montenegro (1.7 tons)
- Bosnia and Herzegovina (1.1 tons)
- Sweden (0.6 tons)
- Slovenia (0.3 tons)
- Switzerland (0.3 tons)
This report provides an in-depth analysis of the preserved beef 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 10131200 - Beef and veal salted, in brine, dried or smoked
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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