Price for Flour and Meal; of Potatoes in Serbia - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Serbia (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Serbia (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Serbia
4. Exports of Flour and Meal; of Potatoes in Serbia

Price for Flour and Meal; of Potatoes in Serbia (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,424 per ton in 2022, surging by 5.2% against the previous year. Over the last nine years, it increased at an average annual rate of +6.9%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 93%. As a result, import price reached the peak level of $1,503 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to -0.0% per year.

Price for Flour and Meal; of Potatoes in Serbia (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $2,093 per ton, surging by 6.6% against the previous year. In general, the export price posted tangible growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 168% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($2,454 per ton), while the average price for exports to Ukraine ($1,285 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 (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour and Meal; of Potatoes in Serbia

In 2022, after two years of decline, there was significant growth in overseas purchases of flour and meal; of potatoeses, when their volume increased by 9% to 362 tons. In general, imports, however, continue to indicate a abrupt contraction.

In value terms, flour and meal; of potatoes imports expanded rapidly to $515K in 2022. Overall, imports, however, recorded a perceptible setback.

Top Suppliers of Flour and Meal; of Potatoes to Serbia in 2022:

1. Germany (361.7 tons)

Exports of Flour and Meal; of Potatoes in Serbia

In 2022, the amount of flour and meal; of potatoeses exported from Serbia surged to 2.8 tons, with an increase of 153% on the previous year. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 165%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, flour and meal; of potatoes exports surged to $5.8K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour and Meal; of Potatoes from Serbia in 2022:

1. Montenegro (1750.0 kg)
2. North Macedonia (630.0 kg)
3. Ukraine (400.0 kg)

Source: IndexBox Market Intelligence Platform