Price for Wood; Shingles and Shakes in Serbia - 2022

Contents:

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

Price for Wood; Shingles and Shakes in Serbia (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $1,340 per ton, with a decrease of -67.7% against the previous year. In general, the import price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 228%. Over the period under review, average import prices hit record highs at $4,147 per ton in 2021, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,651 per ton), while the price for Bosnia and Herzegovina stood at $1,052 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.5%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Shingles and Shakes in Serbia (FOB) - 2022

In 2022, the average wood; shingles and shakes export price amounted to $1,301 per ton, falling by -29.1% against the previous year. Over the period under review, the export price recorded a perceptible decline. The growth pace was the most rapid in 2021 when the average export price increased by 92%. The export price peaked at $3,379 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Montenegro ($2,229 per ton), while the average price for exports to Switzerland ($923 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 Montenegro (+1.5%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Shingles and Shakes in Serbia

In 2022, overseas purchases of wood; shingles and shakeses decreased by -92.2% to 482 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,799% against the previous year. As a result, imports attained the peak of 7 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wood; shingles and shakes imports contracted remarkably to $646 in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 1,075% against the previous year.

Import of Wood; Shingles and Shakes in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A0.40%
Bosnia and Herzegovina0.45.20.60.3-9.1%
Switzerland0.34.20.4N/A15.5%
GreeceN/AN/A12.1N/A0%
Italy0.43.30.1N/A-50.0%
Others0.10.512.5N/A1018.0%
Total1.113.225.70.6-18.3%

Top Suppliers of Wood; Shingles and Shakes to Serbia in 2022:

  1. Bosnia and Herzegovina (250.0 kg)
  2. Russia (232.0 kg)

Exports of Wood; Shingles and Shakes in Serbia

Wood; shingles and shakes exports from Serbia soared to 34 tons in 2022, picking up by 27% on 2021 figures. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76%. As a result, the exports attained the peak of 42 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood; shingles and shakes exports fell to $45K in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, the exports attained the peak of $50K, and then shrank in the following year.

Export of Wood; Shingles and Shakes in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro2.93.011.922.096.5%
Switzerland26.014.833.219.5-9.1%
Croatia2.41.74.53.311.2%
Bosnia and Herzegovina3.5N/AN/AN/A0%
GermanyN/A10.2N/AN/A0%
Others0.210.20.10.1-20.6%
Total35.039.849.844.88.6%

Top Export Markets for Wood; Shingles and Shakes from Serbia in 2022:

  1. Switzerland (21.1 tons)
  2. Montenegro (9.9 tons)
  3. Croatia (3.4 tons)

Source: IndexBox Market Intelligence Platform

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