Serbia - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Serbia - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fully or Partly Automatic Arc Welding Machine in Serbia - 2023

Contents:

  1. Price for Fully or Partly Automatic Arc Welding Machine in Serbia (CIF) - 2023
  2. Price for Fully or Partly Automatic Arc Welding Machine in Serbia (FOB) - 2022
  3. Imports of Fully or Partly Automatic Arc Welding Machine in Serbia
  4. Exports of Fully or Partly Automatic Arc Welding Machine in Serbia

Price for Fully or Partly Automatic Arc Welding Machine in Serbia (CIF) - 2023

In October 2023, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $6,104 per unit, therefore, remained relatively stable against the previous month. In general, the import price continues to indicate a mild increase. The growth pace was the most rapid in December 2022 when the average import price increased by 224% against the previous month. The import price peaked at $6,479 per unit in May 2023; afterwards, it flattened through to October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($8,525 per unit), while the price for Slovenia ($2,491 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fully or Partly Automatic Arc Welding Machine in Serbia (FOB) - 2022

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $7,078 per unit in 2022, surging by 8.2% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fully or partly automatic electric machines for arc welding of metals increased by +119.3% against 2012 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices hit record highs in 2022 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 North Macedonia ($4,672 per unit), while the average price for exports to Italy ($1,787 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully or Partly Automatic Arc Welding Machine in Serbia

In 2022, approx. 6.6K units of fully or partly automatic electric machines for arc welding of metals were imported into Serbia; surging by 56% against the previous year. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 159% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals soared to $9.5M in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 214% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fully or Partly Automatic Arc Welding Machine in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4552722,7592,69280.9%
Germany5515,6489001,94052.1%
Netherlands4.246.60.31,071534.1%
Finland8828461,074741-5.6%
Japan36534223961218.8%
United States21.919.118.3524188.2%
Turkey10646.351.051269.0%
Slovenia6363,522727440-11.6%
Italy51.731032823565.7%
SwedenN/A5775.1N/A-99.1%
Others8767851,023724-6.2%
Total3,94812,4147,1259,49234.0%

Top Suppliers of Fully or Partly Automatic Arc Welding Machine to Serbia in 2022:

  1. China (1429.0 units)
  2. Netherlands (682.0 units)
  3. United States (553.0 units)
  4. Turkey (528.0 units)
  5. Germany (507.0 units)
  6. Italy (121.0 units)
  7. Slovenia (118.0 units)
  8. Finland (113.0 units)
  9. Japan (77.0 units)

Exports of Fully or Partly Automatic Arc Welding Machine in Serbia

In 2022, approx. 247 units of fully or partly automatic electric machines for arc welding of metals were exported from Serbia; jumping by 27% against the year before. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 569%. As a result, the exports reached the peak of 408 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals surged to $1.7M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 627% against the previous year. As a result, the exports reached the peak of $2.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fully or Partly Automatic Arc Welding Machine in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia51.34.151.4626130.2%
Bosnia and Herzegovina22313032458237.7%
RussiaN/AN/AN/A2370%
Czech RepublicN/AN/AN/A2060%
LithuaniaN/AN/A14558.0-60.0%
Italy2.8N/AN/A28.6117.0%
AustriaN/A415N/AN/A0%
RomaniaN/A177N/AN/A0%
Others62.51,74274910.7-44.5%
Total3402,4691,2691,74872.6%

Top Export Markets for Fully or Partly Automatic Arc Welding Machine from Serbia in 2022:

  1. Bosnia and Herzegovina (160.0 units)
  2. North Macedonia (134.0 units)
  3. Russia (105.0 units)
  4. Czech Republic (67.0 units)
  5. Lithuania (21.0 units)
  6. Italy (16.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fully or partly automatic arc welding machine 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 27903154 - Fully or partly automatic electric machines for arc welding of metals (including plasma arc)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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