Serbia - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Serbia - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Threaded Metal Articles Price in Serbia - 2023

Contents:

  1. Threaded Metal Articles Price in Serbia (CIF) - 2022
  2. Threaded Metal Articles Price in Serbia (FOB) - 2022
  3. Threaded Metal Articles Imports in Serbia
  4. Threaded Metal Articles Exports in Serbia

Threaded Metal Articles Price in Serbia (CIF) - 2022

The average threaded metal articles import price stood at $7,375 per ton in 2022, growing by 8.6% against the previous year. Over the period under review, the import price continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2016 an increase of 91% against the previous year. The import price peaked at $10,578 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($16,239 per ton), while the price for Bosnia and Herzegovina ($3,452 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Threaded Metal Articles Price in Serbia (FOB) - 2022

The average threaded metal articles export price stood at $7,101 per ton in 2022, jumping by 46% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 90% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,416 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,062 per ton), while the average price for exports to Hungary ($1,693 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 Slovenia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports in Serbia

In 2022, purchases abroad of threaded articles of iron or steel decreased by -1.4% to 912 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a slight shrinkage. The growth pace was the most rapid in 2020 when imports increased by 0.1% against the previous year. As a result, imports reached the peak of 945 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, threaded metal articles imports expanded rapidly to $6.7M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Threaded Metal Articles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4191,1321,9942,14814.8%
Germany2,3201,9121,8331,810-7.9%
Italy38533541952210.7%
Czech Republic3242323153512.7%
Netherlands316523288293-2.5%
Poland96.522623214514.5%
Turkey155114142138-3.8%
Spain403152134122-32.9%
Bosnia and Herzegovina0.130.731.191.6871.2%
Others6816568881,10217.4%
Total6,1005,3126,2776,7233.3%

Top Suppliers of Threaded Metal Articles to Serbia in 2022:

  1. China (475.8 tons)
  2. Germany (111.5 tons)
  3. Italy (55.8 tons)
  4. Czech Republic (48.6 tons)
  5. Turkey (32.5 tons)
  6. Poland (32.3 tons)
  7. Netherlands (27.3 tons)
  8. Bosnia and Herzegovina (26.5 tons)
  9. Spain (9.2 tons)

Threaded Metal Articles Exports in Serbia

After three years of growth, shipments abroad of threaded articles of iron or steel decreased by -35.7% to 546 tons in 2022. In general, exports showed a pronounced slump. The growth pace was the most rapid in 2020 with an increase of 24%.

In value terms, threaded metal articles exports shrank to $3.9M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of $4.1M, and then shrank in the following year.

Export of Threaded Metal Articles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8411,5411,7692,0223.2%
Bosnia and Herzegovina32061789244711.8%
Slovenia13562348541144.9%
France162144210144-3.9%
Montenegro381206246112-33.5%
Hungary75.111816694.68.0%
Croatia34.98.022.474.328.6%
Others23018732657135.4%
Total3,1793,4434,1173,8766.8%

Top Export Markets for Threaded Metal Articles from Serbia in 2022:

  1. Bosnia and Herzegovina (183.2 tons)
  2. Germany (143.8 tons)
  3. Slovenia (58.6 tons)
  4. Hungary (55.9 tons)
  5. Montenegro (28.4 tons)
  6. France (21.2 tons)
  7. Croatia (17.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the threaded metal articles 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:

  • Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel

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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Free Data: Threaded Articles Of Iron Or Steel - Serbia