Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia - 2024

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia (CIF) - 2024
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia (FOB) - 2024
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia (CIF) - 2024

In January 2024, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $13,073 per ton, shrinking by -5.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 31% month-to-month. Over the period under review, average import prices attained the maximum at $15,021 per ton in June 2023; however, from July 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Spain ($29,538 per ton), while the price for Turkey ($8,782 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia (FOB) - 2024

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $11,440 per ton in January 2024, picking up by 15% against the previous month. In general, export price indicated a measured increase from February 2023 to January 2024: its price increased at an average monthly rate of +2.8% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for footwear; parts, outer soles and heels, of rubber or plasticses increased by +78.1% against July 2023 indices. The growth pace was the most rapid in August 2023 an increase of 29% against the previous month. The export price peaked in January 2024.

There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Bosnia and Herzegovina ($13,845 per ton), while the average price for exports to North Macedonia ($5,558 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia

For the third year in a row, Serbia recorded decline in overseas purchases of footwear; parts, outer soles and heels, of rubber or plasticses, which decreased by -11.5% to 795 tons in 2022. Overall, imports saw a abrupt curtailment. The smallest decline of -0.7% was in 2021.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses dropped to $10M in 2022. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 4.4% against the previous year.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.55.67.16.5-4.7%
China1.71.91.61.3-8.6%
Slovenia0.50.30.50.711.9%
Turkey0.60.30.30.4-12.6%
AustriaN/AN/AN/A0.30%
Czech RepublicN/A0.20.10.20.0%
Bosnia and Herzegovina1.00.50.40.1-53.6%
Spain0.20.30.30.1-20.6%
Vietnam0.90.60.1N/A-66.7%
Others0.61.40.90.5-5.9%
Total13.010.911.410.2-7.8%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Serbia in 2022:

  1. Italy (469.6 tons)
  2. Turkey (84.3 tons)
  3. Slovenia (75.4 tons)
  4. China (65.6 tons)
  5. Spain (18.4 tons)
  6. Austria (17.3 tons)
  7. Czech Republic (16.7 tons)
  8. Bosnia and Herzegovina (2.8 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia

After three years of growth, shipments abroad of footwear; parts, outer soles and heels, of rubber or plasticses decreased by -13.2% to 369 tons in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 118%. As a result, the exports attained the peak of 425 tons, and then dropped in the following year.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses reduced rapidly to $2.5M in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of $3M, and then contracted remarkably in the following year.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2408762,0181,69191.7%
China13411320721416.9%
AustriaN/AN/A85.2179110.1%
North Macedonia14173.271.4138-0.7%
Bosnia and Herzegovina248183194108-24.2%
Finland75.558.472.356.7-9.1%
Greece28.17.033.119.2-11.9%
BangladeshN/AN/A1863.6-98.1%
Albania3199.2N/AN/A-97.1%
Others269146109108-26.2%
Total1,4551,4652,9762,51720.0%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Serbia in 2022:

  1. Italy (275.5 tons)
  2. China (35.7 tons)
  3. North Macedonia (15.6 tons)
  4. Bosnia and Herzegovina (12.3 tons)
  5. Finland (7.8 tons)
  6. Austria (7.2 tons)
  7. Greece (3.1 tons)
  8. Bangladesh (1.5 tons)

Source: IndexBox Market Intelligence Platform

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