Serbia: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Serbia

The Serbian electronic material tester market expanded modestly to $X in 2022, picking up by X% against the previous year. Overall, consumption recorded a pronounced decrease. Electronic material tester consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Electronic Material Tester Production in Serbia

In value terms, electronic material tester production reached $X in 2022 estimated in export price. In general, production showed a perceptible slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Electronic Material Tester Exports

Exports from Serbia

In 2022, shipments abroad of electronic machines and appliances for testing materials decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, electronic material tester exports fell significantly to $X in 2022. Over the period under review, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Montenegro (X units), Bosnia and Herzegovina (X units) and North Macedonia (X units) were the main destinations of electronic material tester exports from Serbia, with a combined X% share of total exports. Slovenia, Russia, Turkey and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Montenegro ($X), North Macedonia ($X) and Slovenia ($X) were the largest markets for electronic material tester exported from Serbia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 electronic material tester export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Serbia

Electronic material tester imports into Serbia contracted remarkably to X units in 2022, declining by X% against 2021. Over the period under review, imports, however, posted temperate growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electronic material tester imports fell rapidly to $X in 2022. In general, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined remarkably in the following year.

Imports by Country

Italy (X units), France (X units) and Germany (X units) were the main suppliers of electronic material tester imports to Serbia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electronic machines and appliances for testing materials to Serbia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average electronic material tester import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 the United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :