Serbia - Calcium Ammonium Nitrate (CAN) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSerbia: Market for Calcium Ammonium Nitrate (CAN) 2024
Market Size for Calcium Ammonium Nitrate (CAN) in Serbia
In 2023, the Serbian calcium ammonium nitrate (CAN) market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Over the period under review, consumption recorded a slight descent. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.
Production of Calcium Ammonium Nitrate (CAN) in Serbia
In value terms, calcium ammonium nitrate (CAN) production soared to $X in 2023 estimated in export price. Over the period under review, production, however, faced a abrupt setback. Calcium ammonium nitrate (CAN) production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
Exports of Calcium Ammonium Nitrate (CAN)
Exports from Serbia
In 2023, approx. X tons of calcium ammonium nitrate (CAN) were exported from Serbia; shrinking by X% against the previous year's figure. Overall, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, the exports attained the peak of X tons, and then reduced sharply in the following year.
In value terms, calcium ammonium nitrate (CAN) exports dropped remarkably to $X in 2023. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped rapidly in the following year.
Exports by Country
Bosnia and Herzegovina (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from Serbia, accounting for a X% share of total exports. Moreover, calcium ammonium nitrate (CAN) exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, North Macedonia (X tons), eightfold. The third position in this ranking was held by Croatia (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Croatia (X% per year).
In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for calcium ammonium nitrate (CAN) exports from Serbia, comprising X% of total exports. The second position in the ranking was taken by Croatia ($X), with a X% share of total exports. It was followed by North Macedonia, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Bosnia and Herzegovina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and North Macedonia (X% per year).
Export Prices by Country
The average calcium ammonium nitrate (CAN) export price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, calcium ammonium nitrate (CAN) export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Calcium Ammonium Nitrate (CAN)
Imports into Serbia
In 2023, approx. X tons of calcium ammonium nitrate (CAN) were imported into Serbia; with a decrease of X% on the previous year. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2022, and then fell sharply in the following year.
In value terms, calcium ammonium nitrate (CAN) imports declined markedly to $X in 2023. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.
Imports by Country
Hungary (X tons), Austria (X tons) and Russia (X tons) were the main suppliers of calcium ammonium nitrate (CAN) imports to Serbia, together comprising X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest calcium ammonium nitrate (CAN) suppliers to Serbia were Hungary ($X), Austria ($X) and Russia ($X), together accounting for X% of total imports.
Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average calcium ammonium nitrate (CAN) import price stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price recorded a temperate expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and Austria ($X per ton), while the price for Romania ($X per ton) and Hungary ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) 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 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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