Report Update Apr 1, 2024

Serbia - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: O-Xylene Market 2024

O-Xylene Market Size in Serbia

The Serbian o-xylene market stood at less than $X in 2022, remaining constant against the previous year. In general, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

O-Xylene Production in Serbia

In value terms, o-xylene production contracted dramatically to $X in 2022 estimated in export price. In general, production recorded a abrupt decline. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

O-Xylene Exports

Exports from Serbia

In 2018, shipments abroad of o-xylene was finally on the rise to reach X kg after two years of decline. Over the period under review, exports, however, saw a deep setback. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

In value terms, o-xylene exports surged to $X in 2018. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

Exports by Country

Montenegro (X kg) was the main destination for o-xylene exports from Serbia, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Montenegro stood at X%.

In value terms, Montenegro ($X) also remains the key foreign market for o-xylene exports from Serbia.

From 2012 to 2018, the average annual growth rate of value to Montenegro stood at X%.

Export Prices by Country

The average o-xylene export price stood at $X per ton in 2018, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2018, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2012 to 2018, the rate of growth in terms of prices for Montenegro amounted to X% per year.

O-Xylene Imports

Imports into Serbia

For the third consecutive year, Serbia recorded growth in overseas purchases of o-xylene, which increased by X% to X tons in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X,600%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, o-xylene imports soared to $X in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Hungary (X tons) was the main o-xylene supplier to Serbia, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Hungary was relatively modest.

In value terms, Hungary ($X) constituted the largest supplier of o-xylene to Serbia.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary was relatively modest.

Import Prices by Country

In 2022, the average o-xylene import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price saw a dramatic decrease. The growth pace was the most rapid in 2019 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 stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The country with the largest volume of o-xylene consumption was India, accounting for 23% of total volume. Moreover, o-xylene consumption in India exceeded the figures recorded by the second-largest consumer, the UK, twofold. The third position in this ranking was held by Singapore, with a 7.6% share.

What are the largest producers of o-xylene in the world?

India remains the largest o-xylene producing country worldwide, comprising approx. 30% of total volume. Moreover, o-xylene production in India exceeded the figures recorded by the second-largest producer, Singapore, twofold. The third position in this ranking was held by the UK, with an 11% share.

What are the leading suppliers of o-xylene to Serbia?

In value terms, Hungary constituted the largest supplier of o-xylene to Serbia.

What are the leading importers of o-xylene from Serbia?

In value terms, Montenegro remains the key foreign market for o-xylene exports from Serbia.

What is the average export price for o-xylene in Serbia?

In 2018, the average o-xylene export price amounted to $3,348 per ton, picking up by 8.3% against the previous year.

What is the average import price for o-xylene in Serbia?

In 2022, the average o-xylene import price amounted to $1,210 per ton, declining by -81% against the previous year.

This report provides an in-depth analysis of the o-xylene market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141243 - o-Xylene

Country coverage:

Serbia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Serbia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023