Serbia: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Serbia

For the third year in a row, the Serbian meat-preparation industrial machinery market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, saw a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from Serbia

Meat-preparation industrial machinery exports from Serbia surged to X units in 2022, growing by X% against the previous year. In general, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, meat-preparation industrial machinery exports skyrocketed to $X in 2022. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Montenegro (X units), Bosnia and Herzegovina (X units) and Croatia (X units) were the main destinations of meat-preparation industrial machinery exports from Serbia, with a combined X% share of total exports. North Macedonia, Austria, Poland, Albania, Russia, Slovakia, Bolivia, Germany and Canada lagged somewhat behind, together accounting for a further X%.

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

In value terms, Montenegro ($X), Bosnia and Herzegovina ($X) and Croatia ($X) were the largest markets for meat-preparation industrial machinery exported from Serbia worldwide, with a combined X% share of total exports. Austria, North Macedonia, Slovakia, Canada, Germany, Russia, Poland, Albania and Bolivia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Russia, 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

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Poland ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Serbia

Meat-preparation industrial machinery imports into Serbia surged to X units in 2022, rising by X% against the year before. Overall, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, meat-preparation industrial machinery imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a mild decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and Poland (X units) were the main suppliers of meat-preparation industrial machinery imports to Serbia, with a combined X% share of total imports. Croatia, Austria, Italy, China, Denmark and Turkey lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), the Netherlands ($X) and Croatia ($X) appeared to be the largest meat-preparation industrial machinery suppliers to Serbia, together comprising X% of total imports.

Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 meat-preparation industrial machinery import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat-preparation industrial machinery import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit, and then dropped remarkably in the following year.

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 Austria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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