Serbia: Compression Type Mould Market 2024

Compression Type Mould Market Size in Serbia

In 2022, after two years of growth, there was significant decline in the Serbian compression type mould market, when its value decreased by X% to $X. In general, consumption enjoyed a resilient increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Compression Type Mould Production in Serbia

In value terms, compression type mould production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a deep contraction. The growth pace was the most rapid in 2018 with an increase of X%. Compression type mould production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Compression Type Mould Exports

Exports from Serbia

In 2022, the amount of injection or compression type moulds for rubber or plastics exported from Serbia surged to X units, rising by X% against the previous year's figure. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, compression type mould exports amounted to $X in 2022. In general, exports posted a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units), Slovenia (X units) and Italy (X units) were the main destinations of compression type mould exports from Serbia, with a combined X% share of total exports. Germany, Poland, Bosnia and Herzegovina, Croatia, Turkey, Hungary and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for compression type mould exported from Serbia were Slovenia ($X), Russia ($X) and Germany ($X), together comprising X% of total exports. Italy, Poland, Bosnia and Herzegovina, Hungary, Turkey, Croatia and France lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Turkey, with a CAGR of X%, recorded 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 compression type mould export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, export price indicated prominent growth 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. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Croatia ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Compression Type Mould Imports

Imports into Serbia

In 2022, approx. X units of injection or compression type moulds for rubber or plastics were imported into Serbia; rising by X% against the previous year's figure. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, compression type mould imports contracted to $X in 2022. In general, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of compression type mould to Serbia, accounting for a X% share of total imports. Moreover, compression type mould imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The third position in this ranking was held by Austria (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Austria (X% per year).

In value terms, the largest compression type mould suppliers to Serbia were China ($X), Germany ($X) and Italy ($X), together accounting for X% of total imports. The Netherlands, Austria, Slovenia and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Turkey, 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

In 2022, the average compression type mould import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price, however, showed a tangible increase. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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