Wine Lees; Argol Price in Serbia - 2022

Contents:

1. Wine Lees; Argol Price in Serbia (CIF) - 2022
2. Wine Lees; Argol Price in Serbia (FOB) - 2022
3. Wine Lees; Argol Imports in Serbia
4. Wine Lees; Argol Exports in Serbia

Wine Lees; Argol Price in Serbia (CIF) - 2022

In 2022, the average wine lees; argol import price amounted to $4,897 per ton, surging by 13% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wine lees; argol import price increased by +67.1% against 2012 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for North Macedonia.

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +5.3% per year.

Wine Lees; Argol Price in Serbia (FOB) - 2022

The average wine lees; argol export price stood at $1,182 per ton in 2022, dropping by -28.6% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 99.9% against the previous year. As a result, the export price attained the peak level of $2,844 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,522 per ton), while the average price for exports to North Macedonia ($195 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 (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wine Lees; Argol Imports in Serbia

In 2022, imports of wine lees; argol into Serbia expanded sharply to 4 tons, picking up by 12% on the previous year. In general, imports showed slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, imports reached the peak of 7.1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wine lees; argol imports soared to $19K in 2022. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 97% against the previous year. As a result, imports attained the peak of $29K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Wine Lees; Argol to Serbia in 2022:

1. North Macedonia (4.0 tons)

Wine Lees; Argol Exports in Serbia

In 2022, wine lees; argol exports from Serbia skyrocketed to 9.1 tons, jumping by 26% on 2021. Overall, exports, however, saw a noticeable contraction.

In value terms, wine lees; argol exports fell to $11K in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The smallest decline of -9.1% was in 2021.

Top Export Markets for Wine Lees; Argol from Serbia in 2022:

1. Italy (5.9 tons)
2. North Macedonia (2.3 tons)
3. Slovenia (0.9 tons)

Source: IndexBox Market Intelligence Platform