Report Update May 1, 2024

Serbia - Clutches - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: Clutch Market 2024

Clutch Market Size in Serbia

After two years of growth, the Serbian clutch market decreased by -2% to $X in 2022. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Clutch Exports

Exports from Serbia

In 2022, exports of clutches from Serbia surged to X tons, jumping by 106% against the previous year. Overall, exports recorded a tangible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clutch exports surged to $X in 2022. Over the period under review, exports posted a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 72%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for clutch exports from Serbia, with a 54% share of total exports. Moreover, clutch exports to Russia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold. The third position in this ranking was taken by Montenegro (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +386.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+13.7% per year) and Montenegro (+27.1% per year).

In value terms, Russia ($X), Bosnia and Herzegovina ($X) and Montenegro ($X) appeared to be the largest markets for clutch exported from Serbia worldwide, together accounting for 77% of total exports.

Russia, with a CAGR of +380.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average clutch export price amounted to $X per ton, declining by -30.4% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 77%. The export price peaked at $X per ton in 2017; however, from 2018 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 North Macedonia ($X per ton), while the average price for exports to Russia ($X 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 North Macedonia (+27.0%), while the prices for the other major destinations experienced a decline.

Clutch Imports

Imports into Serbia

In 2022, approx. X tons of clutches were imported into Serbia; with an increase of 14% on the year before. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, clutch imports totaled $X in 2022. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Hungary (X tons) and Slovakia (X tons) were the main suppliers of clutch imports to Serbia, together comprising 43% of total imports. North Macedonia, Turkey, China, Italy, France, Spain, Bulgaria, the UK, Austria and India lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +48.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Slovakia ($X) appeared to be the largest clutch suppliers to Serbia, together accounting for 47% of total imports. China, Turkey, Italy, Spain, France, Bulgaria, North Macedonia, the UK, Austria and India lagged somewhat behind, together comprising a further 42%.

In terms of the main suppliers, Bulgaria, with a CAGR of +53.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average clutch import price stood at $X per ton in 2022, reducing by -9.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 24%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clutches in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, together accounting for 40% of global consumption. Germany, Hungary, Russia, Brazil, Indonesia, Mexico, Japan, the UK, Turkey and South Korea lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of clutches in the world?

The countries with the highest volumes of production in 2022 were China, Germany and the United States, together comprising 46% of global production. India, Hungary, Japan, South Korea, Indonesia, Russia, Brazil, Turkey and Canada lagged somewhat behind, together comprising a further 39%.

What are the leading suppliers of clutches to Serbia?

In value terms, the largest clutch suppliers to Serbia were Germany, Hungary and Slovakia, with a combined 47% share of total imports. China, Turkey, Italy, Spain, France, Bulgaria, North Macedonia, the UK, Austria and India lagged somewhat behind, together accounting for a further 42%.

What are the leading importers of clutches from Serbia?

In value terms, Russia, Bosnia and Herzegovina and Montenegro constituted the largest markets for clutch exported from Serbia worldwide, together accounting for 77% of total exports.

What is the average export price for clutches in Serbia?

In 2022, the average clutch export price amounted to $10,092 per ton, declining by -30.4% against the previous year.

What is the average import price for clutches in Serbia?

The average clutch import price stood at $13,925 per ton in 2022, shrinking by -9.1% against the previous year.

This report provides an in-depth analysis of the clutch 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 29323065 - Clutches and parts thereof

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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