Serbia: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Serbia

The Serbian laptop and tablet computer market expanded significantly to $X in 2023, surging by X% against the previous year. Overall, consumption continues to indicate a notable increase. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Laptops and Palm-Top Computers in Serbia

In value terms, laptop and tablet computer production stood at $X in 2023 estimated in export price. Over the period under review, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Exports of Laptops and Palm-Top Computers

Exports from Serbia

In 2023, overseas shipments of laptops and palm-top computers decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, continue to indicate a notable increase. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, laptop and tablet computer exports expanded sharply to $X in 2023. Over the period under review, exports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Montenegro (X units) was the main destination for laptop and tablet computer exports from Serbia, accounting for a X% share of total exports. Moreover, laptop and tablet computer exports to Montenegro exceeded the volume sent to the second major destination, Slovenia (X units), twofold. The third position in this ranking was taken by Bosnia and Herzegovina (X units), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Montenegro stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Montenegro ($X) remains the key foreign market for laptops and palm-top computers exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Montenegro totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average laptop and tablet computer export price stood at $X per unit in 2023, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Croatia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Serbia

Laptop and tablet computer imports into Serbia rose rapidly to X units in 2023, growing by X% against 2022. Overall, imports showed a temperate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, laptop and tablet computer imports rose to $X in 2023. In general, imports saw a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, China (X units) constituted the largest laptop and tablet computer supplier to Serbia, with a X% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of laptops and palm-top computers to Serbia, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Germany (X% per year).

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2023, declining by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform