Price for Woven Fabrics of Artificial Staple Fibres in Serbia - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Serbia (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in Serbia (FOB) - 2023
- Imports of Woven Fabrics of Artificial Staple Fibres in Serbia
- Exports of Woven Fabrics of Artificial Staple Fibres in Serbia
Price for Woven Fabrics of Artificial Staple Fibres in Serbia (CIF) - 2023
In November 2023, the average import price for woven fabrics of artificial staple fibres amounted to $2.7 per square meter, rising by 24% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 57% month-to-month. As a result, import price attained the peak level of $3.8 per square meter. From March 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 Austria ($8.1 per square meter), while the price for China ($1.5 per square meter) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in Serbia (FOB) - 2023
The average export price for woven fabrics of artificial staple fibres stood at $3.3 per square meter in November 2023, rising by 39% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 91% m-o-m. Over the period under review, the average export prices attained the peak figure at $5.4 per square meter in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Italy ($5.8 per square meter), while the average price for exports to Bosnia and Herzegovina ($2.7 per square meter) 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 the UK (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Serbia
In 2022, imports of woven fabrics of artificial staple fibres into Serbia surged to 403K square meters, picking up by 22% against the previous year. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of woven fabrics of artificial staple fibres rose sharply to $7M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Woven Fabrics of Artificial Staple Fibres in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 1.0 | 0.9 | 1.9 | 23.9% |
| Italy | 1.3 | 1.5 | 3.0 | 1.8 | 11.5% |
| Turkey | 2.1 | 1.1 | 1.2 | 1.7 | -6.8% |
| China | 0.7 | 0.9 | 0.4 | 0.9 | 8.7% |
| Bulgaria | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 0.7 | 0.4 | 0.3 | 0.4 | -17.0% |
| Total | 5.9 | 5.0 | 6.1 | 7.0 | 5.9% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Serbia in 2022:
- Germany (129.9K square meters)
- Turkey (106.9K square meters)
- Italy (83.3K square meters)
- China (54.5K square meters)
- Bulgaria (11.7K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Serbia
In 2022, exports of woven fabrics of artificial staple fibres from Serbia reduced rapidly to 6.7K square meters, which is down by -53.9% on 2021. Overall, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.6% against the previous year. The exports peaked at 18K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of artificial staple fibres dropped remarkably to $136K in 2022. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of $241K, and then fell notably in the following year.
| Export of Woven Fabrics of Artificial Staple Fibres in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 62.9 | 40.5 | 107 | 64.2 | 0.7% |
| France | 21.0 | 29.4 | 1.8 | 24.1 | 4.7% |
| Germany | 2.4 | 0.4 | 11.6 | 23.6 | 114.2% |
| Croatia | 15.6 | 5.4 | 25.1 | 11.7 | -9.1% |
| Montenegro | 13.8 | 23.5 | 12.8 | 5.7 | -25.5% |
| Bulgaria | 6.3 | 4.6 | 1.6 | 3.0 | -21.9% |
| Italy | 2.7 | 18.5 | 44.7 | 1.6 | -16.0% |
| North Macedonia | 11.2 | 50.5 | 30.1 | 1.2 | -52.5% |
| Albania | 52.9 | 0.4 | N/A | N/A | -99.2% |
| Turkey | 7.0 | 1.7 | N/A | N/A | -75.7% |
| Others | 18.8 | 10.5 | 6.1 | 0.8 | -65.1% |
| Total | 215 | 185 | 241 | 136 | -14.2% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Serbia in 2022:
- Bosnia and Herzegovina (4095.0 square meters)
- France (1182.0 square meters)
- Croatia (608.0 square meters)
- Montenegro (581.0 square meters)
- Germany (285.0 square meters)
- Bulgaria (188.0 square meters)
- Italy (43.0 square meters)
- North Macedonia (36.0 square meters)
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