Price for Alkaloids, Vegetable; Caffeine and Its Salts in Serbia - 2024

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Serbia (CIF) - 2022

The average import price for alkaloids, vegetable; caffeine and its saltses stood at $21,634 per ton in 2022, picking up by 13% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alkaloids, vegetable; caffeine and its saltses increased by +85.1% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($75,667 per ton), while the price for Austria ($14,435 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+40.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Serbia (FOB) - 2022

In 2022, the average export price for alkaloids, vegetable; caffeine and its saltses amounted to $20,539 per ton, rising by 30% against the previous year. Overall, the export price recorded noticeable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +22.4% per year.

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Serbia

In 2022, overseas purchases of alkaloids, vegetable; caffeine and its saltses were finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses soared to $290K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	15.7	27.6	11.2	182	126.3%
Germany	32.0	30.9	61.2	70.4	30.1%
Austria	33.9	46.7	44.3	36.1	2.1%
United Kingdom	41.6	N/A	N/A	N/A	0%
India	5.2	5.6	7.7	N/A	21.7%
Others	4.8	1.4	2.9	1.6	-30.7%
Total	133	112	127	290	29.7%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Serbia in 2022:

China (7.5 tons)
Germany (3.4 tons)
Austria (2.5 tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Serbia

In 2022, shipments abroad of alkaloids, vegetable; caffeine and its saltses decreased by -50% to 1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.4% against the previous year. As a result, the exports attained the peak of 2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses reduced rapidly to $21K in 2022. Overall, exports saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $32K, and then dropped remarkably in the following year.