Serbia - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 15, 2024

Serbia - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Rubber-To-Metal and Moulded Article in Serbia - 2023

Contents:

  1. Price for Rubber-To-Metal and Moulded Article in Serbia (FOB) - 2022
  2. Price for Rubber-To-Metal and Moulded Article in Serbia (CIF) - 2023
  3. Exports of Rubber-To-Metal and Moulded Article in Serbia
  4. Imports of Rubber-To-Metal and Moulded Article in Serbia

Price for Rubber-To-Metal and Moulded Article in Serbia (FOB) - 2022

In 2022, the average rubber-to-metal and moulded article export price amounted to $9,585 per ton, increasing by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 32%. Over the period under review, the average export prices hit record highs at $12,778 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($20,550 per ton), while the average price for exports to Slovenia ($6,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Rubber-To-Metal and Moulded Article in Serbia (CIF) - 2023

The average rubber-to-metal and moulded article import price stood at $12,283 per ton in October 2023, rising by 24% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The import price peaked at $14,845 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Belgium ($19,417 per ton), while the price for Turkey ($7,262 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber-To-Metal and Moulded Article in Serbia

For the fourth consecutive year, Serbia recorded growth in shipments abroad of rubber-to-metal and moulded articles, which increased by 16% to 10K tons in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $98M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Rubber-To-Metal and Moulded Article in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.224.440.453.051.6%
Spain2.52.44.25.328.5%
Turkey3.54.54.84.811.1%
Hungary0.20.22.13.7164.5%
France1.91.82.03.320.2%
Slovenia1.51.72.22.924.6%
Italy3.34.13.62.7-6.5%
Slovakia0.20.81.42.5132.1%
ChinaN/A0.20.71.3155.0%
Others15.317.719.018.26.0%
Total43.557.680.597.931.0%

Top Export Markets for Rubber-To-Metal and Moulded Article from Serbia in 2022:

  1. Germany (6.3K tons)
  2. Hungary (0.6K tons)
  3. Turkey (0.4K tons)
  4. Slovenia (0.4K tons)
  5. Spain (0.3K tons)
  6. Italy (0.2K tons)
  7. France (0.2K tons)
  8. China (0.2K tons)
  9. Slovakia (0.2K tons)

Imports of Rubber-To-Metal and Moulded Article in Serbia

For the fourth year in a row, Serbia recorded growth in overseas purchases of rubber-to-metal and moulded articles, which increased by 14% to 4.8K tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +54.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports rose markedly to $53M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +53.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Rubber-To-Metal and Moulded Article in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.77.17.39.016.4%
China3.53.34.87.830.6%
Germany4.95.46.46.49.3%
South Korea4.22.94.34.1-0.8%
Turkey1.92.03.03.623.7%
Poland0.91.22.53.455.7%
Italy2.72.22.42.2-6.6%
Romania1.21.62.22.120.5%
Slovenia1.01.52.12.026.0%
India0.91.01.41.826.0%
Spain0.81.01.41.523.3%
Czech Republic1.31.21.11.30.0%
Slovakia0.30.30.40.838.7%
Others5.35.36.77.09.7%
Total34.635.746.152.915.2%

Top Suppliers of Rubber-To-Metal and Moulded Article to Serbia in 2022:

  1. Turkey (689.2 tons)
  2. China (676.6 tons)
  3. Belgium (627.6 tons)
  4. Poland (467.4 tons)
  5. Germany (465.0 tons)
  6. South Korea (402.4 tons)
  7. Romania (220.9 tons)
  8. Slovenia (200.6 tons)
  9. Italy (172.5 tons)
  10. India (161.8 tons)
  11. Czech Republic (150.2 tons)
  12. Slovakia (114.1 tons)
  13. Spain (106.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for rubber-to-metal and moulded article 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 22197345 - Rubber-to-metal bonded articles for tractors and motor vehicles
  • Prodcom 2297347 -
  • Prodcom 22197349 - Rubber-to-metal bonded articles for other uses than for tractors and motor vehicles
  • Prodcom 22197365 - Articles of vulcanised solid rubber other than for tractors and motor vehicles

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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