Serbia: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Serbia

The Serbian non-cellular polypropylene film market rose markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a resilient increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Non-Cellular Polypropylene Film Production in Serbia

In value terms, non-cellular polypropylene film production expanded modestly to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Non-cellular polypropylene film production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Cellular Polypropylene Film Exports

Exports from Serbia

In 2022, after two years of growth, there was significant decline in shipments abroad of non-cellular polypropylene films, sheets, foil and strip, when their volume decreased by X% to X tons. Overall, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, non-cellular polypropylene film exports contracted to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Croatia (X tons), Bosnia and Herzegovina (X tons) and North Macedonia (X tons) were the main destinations of non-cellular polypropylene film exports from Serbia, together comprising X% of total exports. Germany, Montenegro, Slovakia, the Czech Republic, Austria, Italy, Slovenia, Hungary, Romania and Albania lagged somewhat behind, together comprising a further X%.

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

In value terms, Croatia ($X), Bosnia and Herzegovina ($X) and North Macedonia ($X) were the largest markets for non-cellular polypropylene film exported from Serbia worldwide, together comprising X% of total exports. Slovakia, Germany, Hungary, Austria, the Czech Republic, Slovenia, Montenegro, Italy, Albania and Romania lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw 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 non-cellular polypropylene film export price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

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 Hungary ($X per ton), while the average price for exports to Montenegro ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polypropylene Film Imports

Imports into Serbia

After five years of growth, supplies from abroad of non-cellular polypropylene films, sheets, foil and strip decreased by X% to X tons in 2022. Over the period under review, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, non-cellular polypropylene film imports expanded slightly to $X in 2022. In general, imports, however, showed strong growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Russia (X tons), Italy (X tons) and Bulgaria (X tons) were the main suppliers of non-cellular polypropylene film imports to Serbia, together comprising X% of total imports.

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

In value terms, Italy ($X), Russia ($X) and Bulgaria ($X) constituted the largest non-cellular polypropylene film suppliers to Serbia, with a combined X% share of total imports.

Russia, 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

In 2022, the average non-cellular polypropylene film import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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