Report Update: May 1, 2024

Serbia - Cellular Plates, Sheets and Films of Polyymers of Styrene - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polystyrene Cellular Plates, Sheets and Films in Serbia - 2023

Price for Polystyrene Cellular Plates, Sheets and Films in Serbia (FOB) - 2023

In November 2023, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $2,419 per ton, approximately mirroring the previous month. Over the period under review, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in December 2022 an increase of 7.1% m-o-m. As a result, the export price reached the peak level of $3,119 per ton. From January 2023 to November 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In November 2023, the countries with the highest prices were Slovakia ($3,154 per ton) and Montenegro ($2,583 per ton), while the average price for exports to Croatia ($2,254 per ton) and North Macedonia ($2,256 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-0.5%), while the prices for the other major destinations experienced a decline.

Price for Polystyrene Cellular Plates, Sheets and Films in Serbia (CIF) - 2023

In November 2023, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $3,299 per ton, shrinking by -1.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 9.1% month-to-month. Over the period under review, average import prices attained the maximum at $3,807 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($5,459 per ton), while the price for Austria ($1,906 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polystyrene Cellular Plates, Sheets and Films in Serbia

In 2022, approx. 15K tons of cellular plates, sheets and films of polyymers of styrene were exported from Serbia; increasing by 6.7% against the previous year. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $51M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Polystyrene Cellular Plates, Sheets and Films in Serbia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	8.2	6.7	12.1	17.6	29.0%
Croatia	3.9	3.4	6.0	7.2	22.7%
Montenegro	3.6	3.6	4.7	5.3	13.8%
Bosnia and Herzegovina	3.8	3.2	5.3	5.3	11.7%
Italy	N/A	N/A	1.0	4.3	330.0%
Slovenia	1.2	0.9	2.4	3.1	37.2%
Slovakia	1.1	1.3	2.6	2.6	33.2%
North Macedonia	1.5	1.3	1.5	1.7	4.3%
Others	0.9	3.1	4.8	3.4	55.7%
Total	24.3	23.6	40.3	50.5	27.6%

Top Export Markets for Polystyrene Cellular Plates, Sheets and Films from Serbia in 2022:

Hungary (5.6K tons)
Croatia (2.4K tons)
Bosnia and Herzegovina (1.8K tons)
Montenegro (1.6K tons)
Slovenia (1.0K tons)
Italy (0.8K tons)
Slovakia (0.8K tons)
North Macedonia (0.5K tons)

Imports of Polystyrene Cellular Plates, Sheets and Films in Serbia

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene imported into Serbia expanded rapidly to 2.3K tons, increasing by 7.6% on 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 55%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene soared to $8.7M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 47%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Polystyrene Cellular Plates, Sheets and Films in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Greece	1,273	1,977	2,254	3,546	40.7%
Romania	554	830	1,304	1,318	33.5%
Bosnia and Herzegovina	103	247	739	828	100.3%
Turkey	217	214	370	516	33.5%
Poland	526	420	485	424	-6.9%
Austria	280	893	479	311	3.6%
North Macedonia	43.4	46.9	142	276	85.3%
Italy	357	386	445	271	-8.8%
Hungary	128	157	185	267	27.8%
Germany	184	220	264	248	10.5%
Slovenia	337	394	275	241	-10.6%
Spain	N/A	N/A	0.1	107	106900.0%
Bulgaria	86.3	148	113	89.7	1.3%
Others	201	357	414	253	8.0%
Total	4,287	6,289	7,469	8,695	26.6%

Top Suppliers of Polystyrene Cellular Plates, Sheets and Films to Serbia in 2022:

Greece (1003.3 tons)
Romania (371.4 tons)
Bosnia and Herzegovina (220.5 tons)
Turkey (127.4 tons)
North Macedonia (83.8 tons)
Poland (81.5 tons)
Austria (73.1 tons)
Hungary (67.7 tons)
Slovenia (49.6 tons)
Spain (46.5 tons)
Germany (44.8 tons)
Italy (44.0 tons)
Bulgaria (26.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polystyrene cellular plates, sheets and films 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 22214120 - Cellular plates, sheet, film, foil and strip of polymers of styrene

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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