Serbia - Wood Chips And Particles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Serbia - Wood Chips And Particles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Wood Chips and Particles in Serbia - 2023

Contents:

  1. Price for Wood Chips and Particles in Serbia (CIF) - 2022
  2. Price for Wood Chips and Particles in Serbia (FOB) - 2022
  3. Imports of Wood Chips and Particles in Serbia
  4. Exports of Wood Chips and Particles in Serbia

Price for Wood Chips and Particles in Serbia (CIF) - 2022

In 2022, the average wood chips and particles import price amounted to $26 per cubic meter, with an increase of 16% against the previous year. In general, the import price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2016 an increase of 137%. As a result, import price reached the peak level of $36 per cubic meter. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($3,326 per cubic meter), while the price for Bosnia and Herzegovina ($16 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+71.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood Chips and Particles in Serbia (FOB) - 2022

In 2022, the average wood chips and particles export price amounted to $12 per cubic meter, declining by -21.5% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 32% against the previous year. The export price peaked at $62 per cubic meter 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 Italy ($52 per cubic meter), while the average price for exports to Bosnia and Herzegovina ($9.5 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips and Particles in Serbia

In 2022, overseas purchases of wood chips and particles decreased by -32.1% to 26K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 107%. Over the period under review, imports attained the peak figure at 38K cubic meters in 2021, and then declined sharply in the following year.

In value terms, wood chips and particles imports declined markedly to $670K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 103%. Imports peaked at $849K in 2021, and then reduced remarkably in the following year.

Import of Wood Chips and Particles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina10837965139153.6%
Germany60.393.010112427.2%
Croatia6.5N/A29.546.292.3%
Others97.680.867.51093.8%
Total27355384967034.9%

Top Suppliers of Wood Chips and Particles to Serbia in 2022:

  1. Bosnia and Herzegovina (24.1K cubic meters)
  2. Croatia (1.1K cubic meters)
  3. Germany (0.5K cubic meters)

Exports of Wood Chips and Particles in Serbia

In 2022, shipments abroad of wood chips and particles decreased by -52.2% to 3.5K cubic meters, falling for the second consecutive year after two years of growth. In general, exports saw a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 9.3K cubic meters. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wood chips and particles exports fell sharply to $44K in 2022. Over the period under review, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $194K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Wood Chips and Particles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina43.542.246.619.9-22.9%
Montenegro9.44.53.616.320.1%
North Macedonia20.218.722.55.9-33.7%
Italy78.152.025.51.5-73.2%
Croatia5.871.5N/AN/A1132.8%
Others5.84.718.80.4-59.0%
Total16319411744.0-35.4%

Top Export Markets for Wood Chips and Particles from Serbia in 2022:

  1. Bosnia and Herzegovina (2096.0 cubic meters)
  2. Montenegro (1024.0 cubic meters)
  3. North Macedonia (365.0 cubic meters)
  4. Italy (28.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood chips and particles 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:

  • FCL 1619 - Wood chips and particles

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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