Serbia - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzol, Toluol and Xylol in Serbia - 2023
Contents:
- Price for Benzol, Toluol and Xylol in Serbia (CIF) - 2023
- Price for Benzol, Toluol and Xylol in Serbia (FOB) - 2022
- Imports of Benzol, Toluol and Xylol in Serbia
- Exports of Benzol, Toluol and Xylol in Serbia
Price for Benzol, Toluol and Xylol in Serbia (CIF) - 2023
In October 2023, the average benzol, toluol and xylol import price amounted to $1,218 per ton, remaining relatively unchanged against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 11% m-o-m. Over the period under review, average import prices reached the peak figure at $1,237 per ton in November 2022; afterwards, it flattened through to October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from the Netherlands ($1,341 per ton) and Hungary ($1,235 per ton), while the price for Germany ($1,111 per ton) and Slovakia ($1,213 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Benzol, Toluol and Xylol in Serbia (FOB) - 2022
The average benzol, toluol and xylol export price stood at $1,654 per ton in 2022, jumping by 60% against the previous year. In general, the export price, however, saw a slight shrinkage. The export price peaked at $1,856 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($1,668 per ton), while the average price for exports to Bosnia and Herzegovina ($1,455 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 North Macedonia (-1.4%).
Imports of Benzol, Toluol and Xylol in Serbia
Benzol, toluol and xylol imports into Serbia skyrocketed to 1.9K tons in 2022, increasing by 38% on 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +74.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, benzol, toluol and xylol imports surged to $2.3M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Benzol, Toluol and Xylol in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 838 | 551 | 853 | 1,317 | 16.3% |
| Germany | 176 | 0.2 | 95.8 | 311 | 20.9% |
| Netherlands | N/A | 10.0 | 111 | 249 | 399.0% |
| Spain | N/A | N/A | N/A | 211 | 0% |
| Italy | 2.2 | 2.1 | 0.9 | 90.9 | 245.7% |
| Hungary | 12.6 | 5.9 | 29.5 | 75.2 | 81.4% |
| Poland | 58.6 | 22.2 | 30.4 | 28.4 | -21.5% |
| Others | 31.8 | 2.8 | 23.6 | 52.4 | 18.1% |
| Total | 1,119 | 594 | 1,145 | 2,335 | 27.8% |
Top Suppliers of Benzol, Toluol and Xylol to Serbia in 2022:
- Slovakia (1115.5 tons)
- Germany (309.7 tons)
- Netherlands (147.5 tons)
- Spain (119.9 tons)
- Hungary (57.3 tons)
- Italy (55.2 tons)
- Poland (24.0 tons)
Exports of Benzol, Toluol and Xylol in Serbia
In 2022, the amount of benzol (benzene), toluol (toluene) and xylol (xylenes) exported from Serbia fell rapidly to 35 tons, waning by -32.4% against the year before. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of 51 tons, and then dropped markedly in the following year.
In value terms, benzol, toluol and xylol exports expanded markedly to $57K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Benzol, Toluol and Xylol in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | N/A | N/A | N/A | 27.9 | 0% |
| North Macedonia | 28.1 | 8.3 | 18.0 | 27.1 | -1.2% |
| Bosnia and Herzegovina | 15.0 | 24.9 | 34.4 | 1.5 | -53.6% |
| Others | 4.0 | 0.3 | 0.6 | 1.0 | -37.0% |
| Total | 47.1 | 33.4 | 53.0 | 57.5 | 6.9% |
Top Export Markets for Benzol, Toluol and Xylol from Serbia in 2022:
- Albania (17.0 tons)
- North Macedonia (16.3 tons)
- Bosnia and Herzegovina (1.0 tons)
This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
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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