Serbia - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried or Smoked Meat, and Offal in Serbia - 2023
Contents:
- Price for Salted, Dried or Smoked Meat, and Offal in Serbia (CIF) - 2023
- Price for Salted, Dried or Smoked Meat, and Offal in Serbia (FOB) - 2022
- Imports of Salted, Dried or Smoked Meat, and Offal in Serbia
- Exports of Salted, Dried or Smoked Meat, and Offal in Serbia
Price for Salted, Dried or Smoked Meat, and Offal in Serbia (CIF) - 2023
In October 2023, the average import price for salted, dried or smoked meat, and offal amounted to $8,573 per ton, shrinking by -6.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 an increase of 16% m-o-m. Over the period under review, average import prices attained the peak figure at $9,318 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Bosnia and Herzegovina ($16,992 per ton), while the price for the Netherlands ($4,577 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 Bosnia and Herzegovina (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salted, Dried or Smoked Meat, and Offal in Serbia (FOB) - 2022
The average export price for salted, dried or smoked meat, and offal stood at $6,194 per ton in 2022, reducing by -7.4% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 44%. As a result, the export price reached the peak level of $11,645 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($16,821 per ton), while the average price for exports to Montenegro ($4,692 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 Croatia (+62.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Salted, Dried or Smoked Meat, and Offal in Serbia
In 2022, approx. 3.6K tons of salted, dried or smoked meat, and offal were imported into Serbia; increasing by 20% on 2021 figures. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +47.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of salted, dried or smoked meat, and offal surged to $25M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +57.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Salted, Dried or Smoked Meat, and Offal in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 7.5 | 9.6 | 11.3 | 15.1 | 26.3% |
| Croatia | 1.1 | 1.6 | 2.2 | 3.0 | 39.7% |
| Netherlands | 2.0 | 1.9 | 2.2 | 2.6 | 9.1% |
| Slovenia | 1.4 | 1.1 | 1.6 | 1.7 | 6.7% |
| Austria | 0.7 | 0.9 | 1.4 | 1.6 | 31.7% |
| Bosnia and Herzegovina | 0.4 | 0.7 | 0.7 | 0.7 | 20.5% |
| Italy | 0.9 | 0.9 | 1.2 | 0.1 | -51.9% |
| Germany | 1.7 | 1.5 | N/A | N/A | -11.8% |
| Others | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
| Total | 16.1 | 18.6 | 21.1 | 25.2 | 16.1% |
Top Suppliers of Salted, Dried or Smoked Meat, and Offal to Serbia in 2022:
- Montenegro (1918.0 tons)
- Netherlands (795.5 tons)
- Croatia (342.7 tons)
- Slovenia (248.3 tons)
- Austria (161.0 tons)
- Bosnia and Herzegovina (95.3 tons)
- Italy (10.3 tons)
Exports of Salted, Dried or Smoked Meat, and Offal in Serbia
In 2022, exports of salted, dried or smoked meat, and offal from Serbia skyrocketed to 417 tons, with an increase of 28% against 2021. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of salted, dried or smoked meat, and offal skyrocketed to $2.6M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Export of Salted, Dried or Smoked Meat, and Offal in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 533 | 341 | 728 | 981 | 22.6% |
| Bosnia and Herzegovina | 815 | 662 | 746 | 938 | 4.8% |
| North Macedonia | 513 | 487 | 567 | 494 | -1.3% |
| Croatia | N/A | N/A | 58.9 | 68.5 | 16.3% |
| Others | 211 | 94.8 | 87.5 | 105 | -20.8% |
| Total | 2,073 | 1,585 | 2,188 | 2,586 | 7.6% |
Top Export Markets for Salted, Dried or Smoked Meat, and Offal from Serbia in 2022:
- Montenegro (209.1 tons)
- Bosnia and Herzegovina (164.5 tons)
- North Macedonia (29.4 tons)
- Croatia (7.4 tons)
This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
- Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
- Prodcom 10131300 - Meat salted, in brine, dried or smoked, edible flours and meals of meat or meat offal (excluding pig meat, beef and veal salted, in brine, dried or smoked)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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