Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia (CIF) - 2023
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia (CIF) - 2023

In November 2023, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $2,604 per ton, dropping by -8.4% against the previous month. Overall, the import price showed a slight shrinkage. The growth pace was the most rapid in January 2023 when the average import price increased by 78% m-o-m. As a result, import price attained the peak level of $5,713 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($7,929 per ton), while the price for Greece ($966 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 Germany (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,020 per ton in 2022, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($20,726 per ton), while the average price for exports to Croatia ($1,880 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 Russia (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia

In 2022, supplies from abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -7.7% to 2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 2.2K tons, and then fell in the following year.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds fell to $6.1M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of $7.1M, and then fell in the following year.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.21.52.21.712.3%
Turkey0.60.70.81.122.4%
South Korea2.12.11.81.1-19.4%
Germany0.40.51.11.035.7%
Slovenia0.40.50.70.826.0%
Others0.40.50.40.40.0%
Total5.15.87.16.16.1%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Serbia in 2022:

  1. Turkey (958.4 tons)
  2. Italy (388.4 tons)
  3. Slovenia (265.2 tons)
  4. Germany (228.7 tons)
  5. South Korea (99.4 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia

In 2022, approx. 161 tons of felt; whether or not impregnated, coated, covered or laminateds were exported from Serbia; dropping by -12% on 2021. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 3.2% against the previous year.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds expanded modestly to $646K in 2022. In general, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro12196.714616210.2%
Slovenia283192301138-21.3%
SpainN/AN/A32.158.582.2%
Russia35210.8N/A54.3-46.4%
North Macedonia74.745.440.939.4-19.2%
Bosnia and Herzegovina15.636.918.130.224.6%
Romania45640.90.97.0-75.1%
Others25.910083.815681.9%
Total1,328523623646-21.4%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Serbia in 2022:

  1. Montenegro (80.2 tons)
  2. Slovenia (26.0 tons)
  3. North Macedonia (17.6 tons)
  4. Spain (12.2 tons)
  5. Bosnia and Herzegovina (7.9 tons)
  6. Russia (2.6 tons)
  7. Romania (1.0 tons)

Source: IndexBox Market Intelligence Platform

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