Serbia: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Serbia

The Serbian market for floor, wall or ceiling coverings of plastics dropped rapidly to $X in 2022, waning by X% against the previous year. Overall, consumption saw a mild downturn. As a result, consumption reached the peak level of $X, and then shrank rapidly in the following year.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Serbia

In value terms, production of floor, wall or ceiling coverings of plastics shrank to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Serbia

In 2022, overseas shipments of floor, wall or ceiling coverings of plastics decreased by X% to X square meters, falling for the third consecutive year after three years of growth. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of floor, wall or ceiling coverings of plastics fell to $X in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X square meters), Romania (X square meters) and Saudi Arabia (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Serbia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Romania ($X) and Saudi Arabia ($X) constituted the largest markets for plastic floor, wall and ceiling coverings exported from Serbia worldwide, with a combined X% share of total exports.

Saudi Arabia, with a CAGR of X%, saw 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 export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, jumping by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bosnia and Herzegovina ($X per square meter) and Bulgaria ($X per square meter), while the average price for exports to Saudi Arabia ($X per square meter) and Iraq ($X per square meter) were amongst the lowest.

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

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Serbia

After eight years of growth, overseas purchases of floor, wall or ceiling coverings of plastics decreased by X% to X square meters in 2022. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of attained the maximum at X square meters in 2021, and then fell in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics rose remarkably to $X in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X square meters), Russia (X square meters) and Turkey (X square meters) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Serbia, with a combined X% share of total imports. Sweden, France, Slovenia, Germany, the Netherlands, Bulgaria, Italy, Hungary, Ukraine and Belgium lagged somewhat behind, together comprising a further X%.

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 X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings suppliers to Serbia were China ($X), Sweden ($X) and Russia ($X), with a combined X% share of total imports. Turkey, France, Germany, the Netherlands, Slovenia, Hungary, Italy, Ukraine, Belgium and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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