Price for Uncooked Pasta Not Containing Eggs in Serbia - 2023
Contents:
- Price for Uncooked Pasta Not Containing Eggs in Serbia (FOB) - 2023
- Price for Uncooked Pasta Not Containing Eggs in Serbia (CIF) - 2023
- Exports of Uncooked Pasta Not Containing Eggs in Serbia
- Imports of Uncooked Pasta Not Containing Eggs in Serbia
Price for Uncooked Pasta Not Containing Eggs in Serbia (FOB) - 2023
The average export price for uncooked pasta not containing eggs stood at $1,972 per ton in November 2023, almost unchanged from the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 43% month-to-month. Over the period under review, the average export prices attained the peak figure at $2,344 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($3,639 per ton), while the average price for exports to North Macedonia ($812 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Uncooked Pasta Not Containing Eggs in Serbia (CIF) - 2023
The average import price for uncooked pasta not containing eggs stood at $1,506 per ton in November 2023, falling by -4.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 19% month-to-month. As a result, import price reached the peak level of $1,848 per ton. From August 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($1,559 per ton), while the price for China ($286 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 Romania (+1.9%), while the prices for the other major suppliers experienced a decline.
Exports of Uncooked Pasta Not Containing Eggs in Serbia
Uncooked pasta not containing eggs exports from Serbia surged to 19K tons in 2022, with an increase of 222% on 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, uncooked pasta not containing eggs exports soared to $22M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Uncooked Pasta Not Containing Eggs in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 136 | 159 | 164 | 7,947 | 288.1% |
| Cyprus | 1,366 | 1,617 | 1,804 | 2,369 | 20.1% |
| United Kingdom | 429 | 786 | 722 | 2,027 | 67.8% |
| Slovakia | N/A | N/A | N/A | 1,933 | 0% |
| Netherlands | 112 | 575 | 1,150 | 1,380 | 131.0% |
| Bosnia and Herzegovina | 443 | 638 | 682 | 796 | 21.6% |
| United States | 371 | 770 | 697 | 782 | 28.2% |
| North Macedonia | 544 | 484 | 476 | 549 | 0.3% |
| Qatar | 861 | 1,341 | 1,122 | 530 | -14.9% |
| Montenegro | 88.5 | 164 | 137 | 226 | 36.7% |
| United Arab Emirates | 789 | 1,019 | 963 | 209 | -35.8% |
| Lebanon | 233 | 235 | 22.8 | 53.4 | -38.8% |
| Others | 557 | 930 | 977 | 2,741 | 70.1% |
| Total | 5,929 | 8,717 | 8,917 | 21,542 | 53.7% |
Top Export Markets for Uncooked Pasta Not Containing Eggs from Serbia in 2022:
- Croatia (12.2K tons)
- Cyprus (2.0K tons)
- Bosnia and Herzegovina (0.9K tons)
- United Kingdom (0.8K tons)
- North Macedonia (0.7K tons)
- Slovakia (0.6K tons)
- Netherlands (0.4K tons)
- United States (0.2K tons)
- Qatar (0.2K tons)
- Montenegro (0.2K tons)
- United Arab Emirates (0.1K tons)
Imports of Uncooked Pasta Not Containing Eggs in Serbia
In 2022, imports of uncooked pasta not containing eggs into Serbia rose significantly to 6.8K tons, growing by 13% on the previous year's figure. The total import volume increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, uncooked pasta not containing eggs imports surged to $9.9M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.2% 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 +96.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Uncooked Pasta Not Containing Eggs in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.2 | 5.4 | 6.3 | 8.3 | 25.5% |
| Croatia | 0.4 | 0.5 | 0.4 | 0.5 | 7.7% |
| Turkey | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Germany | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| China | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 0.2 | 0.8 | 0.2 | 0.2 | 0.0% |
| Total | 5.0 | 7.1 | 7.4 | 9.9 | 25.6% |
Top Suppliers of Uncooked Pasta Not Containing Eggs to Serbia in 2022:
- Italy (5.6K tons)
- Croatia (0.5K tons)
- Turkey (0.2K tons)
- China (0.2K tons)
- Germany (0.1K tons)
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