Serbia: Meat Dishes Market 2024

Meat Dishes Market Size in Serbia

In 2022, the Serbian meat dishes market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, faced a abrupt downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Meat Dishes Production in Serbia

In value terms, meat dishes production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt shrinkage. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Meat Dishes Exports

Exports from Serbia

Meat dishes exports from Serbia was estimated at X tons in 2022, approximately reflecting the year before. In general, exports posted a strong expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, meat dishes exports reached $X in 2022. Overall, total exports indicated a remarkable increase from 2012 to 2022: its value 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Bosnia and Herzegovina (X tons), Hungary (X tons) and Montenegro (X tons) were the main destinations of meat dishes exports 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 Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Hungary ($X) and Montenegro ($X) constituted the largest markets for meat dishes exported from Serbia worldwide, with a combined X% share of total exports.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 meat dishes export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) 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 mixed trend patterns.

Meat Dishes Imports

Imports into Serbia

In 2022, overseas purchases of meat dishes decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, meat dishes imports expanded modestly to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Croatia (X tons), Hungary (X tons) and Italy (X tons) were the main suppliers of meat dishes imports to Serbia, together accounting for X% of total imports. Bosnia and Herzegovina, Slovenia, Poland, Romania and North Macedonia lagged somewhat behind, together comprising a further X%.

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

In value terms, Croatia ($X) constituted the largest supplier of meat dishes to Serbia, comprising X% of total imports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Croatia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Hungary (X% per year).

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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