Serbia - Sawnwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Serbia - Sawnwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Sawnwood (Non-Coniferous) Price in Serbia - 2023

Contents:

  1. Sawnwood (Non-Coniferous) Price in Serbia (FOB) - 2023
  2. Sawnwood (Non-Coniferous) Price in Serbia (CIF) - 2022
  3. Sawnwood (Non-Coniferous) Exports in Serbia
  4. Sawnwood (Non-Coniferous) Imports in Serbia

Sawnwood (Non-Coniferous) Price in Serbia (FOB) - 2023

The average sawnwood (non-coniferous) export price stood at $469 per cubic meter in November 2023, standing approximately at the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 10% month-to-month. As a result, the export price reached the peak level of $536 per cubic meter. From February 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($752 per cubic meter), while the average price for exports to North Macedonia ($287 per cubic 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 Croatia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Price in Serbia (CIF) - 2022

The average sawnwood (non-coniferous) import price stood at $433 per cubic meter in 2022, surging by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28%. The import price peaked at $435 per cubic meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Ghana ($948 per cubic meter), while the price for Romania ($292 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Exports in Serbia

In 2022, approx. 208K cubic meters of sawnwood (non-coniferous) were exported from Serbia; declining by -4.3% against the previous year's figure. In general, exports showed a slight curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 17%. The exports peaked at 220K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sawnwood (non-coniferous) exports expanded significantly to $105M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Sawnwood (Non-Coniferous) in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.721.332.029.721.2%
Italy13.610.514.212.2-3.6%
United Arab Emirates7.33.94.811.014.6%
Bosnia and Herzegovina9.910.011.311.03.6%
Slovenia7.86.86.87.80.0%
Croatia6.43.85.95.4-5.5%
Germany2.83.22.93.46.7%
Greece2.92.32.72.6-3.6%
Austria2.51.61.02.4-1.4%
Netherlands1.31.42.72.320.9%
Spain1.61.11.11.1-11.7%
Others11.18.712.615.812.5%
Total83.874.797.91057.8%

Top Export Markets for Sawnwood (Non-Coniferous) from Serbia in 2022:

  1. China (58.2K cubic meters)
  2. Italy (30.0K cubic meters)
  3. Bosnia and Herzegovina (26.9K cubic meters)
  4. United Arab Emirates (18.7K cubic meters)
  5. Slovenia (15.6K cubic meters)
  6. Croatia (9.8K cubic meters)
  7. Greece (5.5K cubic meters)
  8. Germany (5.5K cubic meters)
  9. Netherlands (3.6K cubic meters)
  10. Austria (3.6K cubic meters)
  11. Spain (2.4K cubic meters)

Sawnwood (Non-Coniferous) Imports in Serbia

Sawnwood (non-coniferous) imports into Serbia expanded notably to 57K cubic meters in 2022, rising by 6.9% compared with the previous year. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sawnwood (non-coniferous) imports skyrocketed to $25M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 62%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Sawnwood (Non-Coniferous) in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina7.05.610.310.715.2%
Croatia6.14.56.58.19.9%
Poland0.1N/A0.11.5146.6%
Slovenia0.30.20.30.838.7%
Romania0.50.30.20.3-15.7%
Others3.72.23.43.1-5.7%
Total17.712.820.824.511.4%

Top Suppliers of Sawnwood (Non-Coniferous) to Serbia in 2022:

  1. Bosnia and Herzegovina (24.3K cubic meters)
  2. Croatia (22.7K cubic meters)
  3. Poland (3.0K cubic meters)
  4. Slovenia (1.8K cubic meters)
  5. Romania (1.1K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sawnwood (non-coniferous) market 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 1633 - Sawnwood, non-coniferous all

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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