Serbia: Linoleum Market 2024

Linoleum Market Size in Serbia

The Serbian linoleum market expanded slightly to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a pronounced increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Linoleum Exports

Exports from Serbia

In 2022, exports of linoleum from Serbia fell dramatically to X square meters, with a decrease of X% compared with 2021 figures. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, linoleum exports reduced sharply to $X in 2022. Overall, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X square meters), North Macedonia (X square meters) and Montenegro (X square meters) were the main destinations of linoleum exports from Serbia, with a combined X% share 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 North Macedonia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for linoleum exported from Serbia were Bosnia and Herzegovina ($X), North Macedonia ($X) and Montenegro ($X), together comprising X% of total exports.

In terms of the main countries of destination, North Macedonia, 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 linoleum export price amounted to $X per square meter, shrinking by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then shrank rapidly in the following year.

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

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

Linoleum Imports

Imports into Serbia

For the third consecutive year, Serbia recorded decline in purchases abroad of linoleum, which decreased by X% to X square meters in 2022. Overall, imports, however, recorded a modest increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X square meters. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, linoleum imports dropped slightly to $X in 2022. In general, imports, however, continue to indicate temperate growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X square meters) constituted the largest linoleum supplier to Serbia, accounting for a X% share of total imports. Moreover, linoleum imports from Germany exceeded the figures recorded by the second-largest supplier, China (X square meters), threefold. The third position in this ranking was held by Italy (X square meters), with an X% share.

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

In value terms, Germany ($X) constituted the largest supplier of linoleum to Serbia, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by China, with an X% share.

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

Import Prices by Country

In 2022, the average linoleum import price amounted to $X per square meter, growing by X% against the previous year. Overall, import price indicated temperate 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. Based on 2022 figures, linoleum import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per square meter), while the price for China ($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 Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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