Price for Salts of Oxometallic or Peroxometallic Acids in Serbia - 2023

Contents:

  1. Price for Salts of Oxometallic or Peroxometallic Acids in Serbia (CIF) - 2022
  2. Price for Salts of Oxometallic or Peroxometallic Acids in Serbia (FOB) - 2022
  3. Imports of Salts of Oxometallic or Peroxometallic Acids in Serbia
  4. Exports of Salts of Oxometallic or Peroxometallic Acids in Serbia

Price for Salts of Oxometallic or Peroxometallic Acids in Serbia (CIF) - 2022

In 2022, the average import price for salts of oxometallic or peroxometallic acidses amounted to $7,041 per ton, waning by -14.3% against the previous year. Overall, the import price, however, saw strong growth. The growth pace was the most rapid in 2021 an increase of 214% against the previous year. As a result, import price attained the peak level of $8,213 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($52,017 per ton), while the price for Russia ($2,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Salts of Oxometallic or Peroxometallic Acids in Serbia (FOB) - 2022

In 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $5,492 per ton, waning by -11.4% against the previous year. In general, the export price, however, saw a modest increase. The growth pace was the most rapid in 2016 when the average export price increased by 178%. The export price peaked at $10,102 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($8,685 per ton), while the average price for exports to North Macedonia ($4,095 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 Albania (+39.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Salts of Oxometallic or Peroxometallic Acids in Serbia

In 2022, imports of salts of oxometallic or peroxometallic acidses into Serbia soared to 57 tons, increasing by 31% compared with the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 decreased by -3.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports reached the peak of 59 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of salts of oxometallic or peroxometallic acidses rose significantly to $400K in 2022. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Salts of Oxometallic or Peroxometallic Acids in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India16814.0166109-13.4%
ChinaN/A52.529.010742.8%
Russia23.730.438.660.036.3%
United States44.114.188.948.73.4%
Germany18.414.517.322.36.6%
Belgium1.73.45.412.192.4%
South AfricaN/AN/AN/A6.90%
Others16.224.311.733.827.8%
Total27215335740013.7%

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Serbia in 2022:

  1. Russia (26.0 tons)
  2. China (20.0 tons)
  3. Germany (2.5 tons)
  4. India (2.1 tons)
  5. United States (2.0 tons)
  6. South Africa (1.4 tons)
  7. Belgium (1.0 tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Serbia

In 2022, approx. 3.6 tons of salts of oxometallic or peroxometallic acidses were exported from Serbia; with an increase of 122% on 2021 figures. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of salts of oxometallic or peroxometallic acidses skyrocketed to $20K in 2022. In general, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Salts of Oxometallic or Peroxometallic Acids in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro3.913.75.79.233.1%
North Macedonia6.00.43.99.114.9%
AlbaniaN/AN/AN/A1.10%
Bosnia and Herzegovina1.80.30.50.5-34.8%
OthersN/A0.3N/AN/A0%
Total11.714.710.220.019.6%

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Serbia in 2022:

  1. North Macedonia (2226.0 kg)
  2. Montenegro (1178.0 kg)
  3. Albania (130.0 kg)
  4. Bosnia and Herzegovina (102.0 kg)

Source: IndexBox Market Intelligence Platform

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