Serbia - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Serbia - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hydraulic Cylinder and System in Serbia - 2022

Contents:

  1. Price for Hydraulic Cylinder and System in Serbia (FOB) - 2022
  2. Price for Hydraulic Cylinder and System in Serbia (CIF) - 2022
  3. Exports of Hydraulic Cylinder and System in Serbia
  4. Imports of Hydraulic Cylinder and System in Serbia

Price for Hydraulic Cylinder and System in Serbia (FOB) - 2022

In 2022, the average hydraulic cylinder and system export price amounted to $457 per unit, growing by 8.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 12% against the previous year. As a result, the export price attained the peak level of $490 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($684 per unit), while the average price for exports to Slovenia ($260 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 Iran (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Hydraulic Cylinder and System in Serbia (CIF) - 2022

In 2022, the average hydraulic cylinder and system import price amounted to $725 per unit, rising by 3.7% against the previous year. Overall, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2015 an increase of 29% against the previous year. The import price peaked at $864 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,867 per unit), while the price for Bosnia and Herzegovina ($123 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hydraulic Cylinder and System in Serbia

In 2022, approx. 15K units of hydraulic cylinders and systems were exported from Serbia; shrinking by -19.4% compared with the previous year's figure. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 16%. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic cylinder and system exports shrank to $6.7M in 2022. Overall, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of $7.6M, and then contracted in the following year.

Export of Hydraulic Cylinder and System in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,6011,1231,2852,0037.8%
Slovenia1,5201,3111,4641,7885.6%
Austria40430153256511.8%
Russia2,0562,2653,368551-35.5%
Iran14012.235.818910.5%
France17411884.5127-10.0%
Slovakia27.613.71.612063.2%
Others1,2437658331,3131.8%
Total7,1675,9107,6056,655-2.4%

Top Export Markets for Hydraulic Cylinder and System from Serbia in 2022:

  1. Slovenia (6.9K units)
  2. Germany (3.5K units)
  3. Austria (1.2K units)
  4. Russia (1.0K units)
  5. Iran (0.3K units)
  6. France (0.3K units)
  7. Slovakia (0.3K units)

Imports of Hydraulic Cylinder and System in Serbia

In 2022, the amount of hydraulic cylinders and systems imported into Serbia plummeted to 8.6K units, shrinking by -29% on 2021 figures. Overall, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 108% against the previous year. As a result, imports attained the peak of 12K units, and then dropped rapidly in the following year.

In value terms, hydraulic cylinder and system imports declined notably to $6.2M in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 95% against the previous year. As a result, imports reached the peak of $8.5M, and then declined markedly in the following year.

Import of Hydraulic Cylinder and System in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1612015631,778122.7%
Germany6791,8345,2171,34225.5%
Italy3893646784454.6%
Sweden73.583.324229959.6%
Turkey95.112424821230.6%
France570339112199-29.6%
Poland192136235166-4.7%
Slovenia40.747.512813950.6%
Croatia12.65.65.8112107.1%
Austria34492.570.0108-32.0%
Greece71.255.942.274.21.4%
Bosnia and Herzegovina76.6N/A4.556.4-9.7%
Netherlands37018413726.5-58.5%
Others8148747961,29016.6%
Total3,8894,3398,4786,24717.1%

Top Suppliers of Hydraulic Cylinder and System to Serbia in 2022:

  1. China (2576.0 units)
  2. Germany (1240.0 units)
  3. Italy (864.0 units)
  4. Poland (736.0 units)
  5. Bosnia and Herzegovina (460.0 units)
  6. Turkey (447.0 units)
  7. Greece (317.0 units)
  8. France (298.0 units)
  9. Sweden (221.0 units)
  10. Slovenia (161.0 units)
  11. Croatia (159.0 units)
  12. Austria (118.0 units)
  13. Netherlands (19.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
  • Prodcom 28121630 - Hydraulic systems (power packs with actuators)

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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