Price for Food Preparations Not Elsewhere Specified or Included in Serbia - 2023
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Serbia (FOB) - 2023
- Price for Food Preparations Not Elsewhere Specified or Included in Serbia (CIF) - 2023
- Exports of Food Preparations Not Elsewhere Specified or Included in Serbia
- Imports of Food Preparations Not Elsewhere Specified or Included in Serbia
Price for Food Preparations Not Elsewhere Specified or Included in Serbia (FOB) - 2023
In December 2023, the average export price for food preparations not elsewhere specified or included amounted to $4,203 per ton, rising by 15% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in September 2023 an increase of 35% month-to-month. Over the period under review, the average export prices attained the maximum in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($11,829 per ton), while the average price for exports to Bulgaria ($1,584 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Serbia (CIF) - 2023
In December 2023, the average import price for food preparations not elsewhere specified or included amounted to $6,772 per ton, with an increase of 5.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 16% month-to-month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($14,853 per ton), while the price for Slovakia ($2,631 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Food Preparations Not Elsewhere Specified or Included in Serbia
In 2022, exports of food preparations not elsewhere specified or included from Serbia expanded sharply to 62K tons, surging by 6.8% compared with 2021. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of food preparations not elsewhere specified or included skyrocketed to $181M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Food Preparations Not Elsewhere Specified or Included in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 14.5 | 19.4 | 24.2 | 24.8 | 19.6% |
| Netherlands | 8.5 | 10.9 | 14.8 | 19.1 | 31.0% |
| Montenegro | 11.7 | 13.2 | 16.3 | 17.4 | 14.1% |
| United States | 3.5 | 7.9 | 8.2 | 14.7 | 61.3% |
| North Macedonia | 6.9 | 8.5 | 11.3 | 11.4 | 18.2% |
| France | 6.8 | 7.1 | 8.2 | 9.4 | 11.4% |
| Romania | 3.7 | 4.6 | 4.8 | 7.2 | 24.8% |
| United Kingdom | 2.3 | 2.6 | 3.2 | 4.9 | 28.7% |
| Spain | 3.2 | 3.2 | 4.0 | 4.8 | 14.5% |
| Poland | 2.4 | 2.8 | 2.8 | 4.6 | 24.2% |
| Slovenia | 1.6 | 2.1 | 2.6 | 4.1 | 36.8% |
| Italy | 3.2 | 1.9 | 3.5 | 3.8 | 5.9% |
| Greece | 0.7 | 4.3 | 1.8 | 3.7 | 74.2% |
| Others | 34.6 | 39.5 | 48.8 | 51.3 | 14.0% |
| Total | 104 | 128 | 155 | 181 | 20.3% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Serbia in 2022:
- Netherlands (11.8K tons)
- France (4.9K tons)
- United States (3.5K tons)
- Romania (3.2K tons)
- Greece (3.0K tons)
- Spain (3.0K tons)
- Bosnia and Herzegovina (2.9K tons)
- United Kingdom (2.6K tons)
- Montenegro (2.3K tons)
- Poland (2.2K tons)
- Italy (2.1K tons)
- North Macedonia (1.9K tons)
- Slovenia (1.9K tons)
Imports of Food Preparations Not Elsewhere Specified or Included in Serbia
For the fourth consecutive year, Serbia recorded growth in overseas purchases of food preparations not elsewhere specified or included, which increased by 4.3% to 32K tons in 2022. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of food preparations not elsewhere specified or included expanded modestly to $159M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Food Preparations Not Elsewhere Specified or Included in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.9 | 23.5 | 29.9 | 25.8 | 13.0% |
| Poland | 13.3 | 14.4 | 17.7 | 19.3 | 13.2% |
| Italy | 9.8 | 11.9 | 14.9 | 17.2 | 20.6% |
| Croatia | 9.8 | 13.3 | 15.2 | 17.2 | 20.6% |
| Austria | 8.0 | 9.2 | 11.3 | 12.8 | 17.0% |
| Netherlands | 3.0 | 5.2 | 4.8 | 6.2 | 27.4% |
| Slovenia | 5.9 | 3.4 | 6.3 | 6.2 | 1.7% |
| Hungary | 3.3 | 4.2 | 6.0 | 4.5 | 10.9% |
| Czech Republic | 2.3 | 2.9 | 3.1 | 4.4 | 24.1% |
| Slovakia | 2.3 | 3.4 | 4.3 | 3.8 | 18.2% |
| Bulgaria | 2.4 | 3.4 | 3.1 | 2.9 | 6.5% |
| Greece | 1.7 | 1.9 | 2.2 | 2.5 | 13.7% |
| Others | 21.3 | 26.7 | 37.1 | 36.5 | 19.7% |
| Total | 101 | 123 | 156 | 159 | 16.3% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Serbia in 2022:
- Croatia (7.5K tons)
- Germany (4.6K tons)
- Italy (3.3K tons)
- Austria (2.9K tons)
- Poland (2.6K tons)
- Slovakia (1.8K tons)
- Netherlands (1.3K tons)
- Bulgaria (1.2K tons)
- Greece (0.8K tons)
- Hungary (0.7K tons)
- Slovenia (0.7K tons)
- Czech Republic (0.5K tons)
54
This report provides an in-depth analysis of the market for prepared dishes and meal in Serbia.
104
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in Serbia.
131
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Serbia.
1380
This report provides an in-depth analysis of the global market for prepared dishes and meal.
870
This report provides an in-depth analysis of the global market for protein concentrate and flavoured or coloured sugar syrup.
557
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
54
This report provides an in-depth analysis of the market for prepared dishes and meal in Serbia.
104
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in Serbia.
1380
This report provides an in-depth analysis of the global market for prepared dishes and meal.
870
This report provides an in-depth analysis of the global market for protein concentrate and flavoured or coloured sugar syrup.
234
Discover the top import markets for prepared dishes and meals worldwide. Explore key statistics and understand the magnitude of the industry. Find out which countries lead the market in import value and why. Read more on IndexBox market intelligence platform.
262
Explore the top import markets for hot-dipped metal-coated sheet, including the United States, Germany, Belgium, and more. Discover key statistics and data from the IndexBox market intelligence platform.
234
Discover the top import markets for prepared dishes and meals worldwide. Explore key statistics and understand the magnitude of the industry. Find out which countries lead the market in import value and why. Read more on IndexBox market intelligence platform.
