Serbia: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Serbia

The Serbian printers and copying machines market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated pronounced growth 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, consumption increased by X% against 2020 indices. Printers and copying machines consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Printers, Copying Machines And Facsimile Machines in Serbia

In value terms, printers and copying machines production reduced slightly to $X in 2022 estimated in export price. In general, production showed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Serbia

For the third year in a row, Serbia recorded growth in overseas shipments of printers, copying machines and facsimile machines, which increased by X% to X units in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines exports soared to $X in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Lithuania (X units) was the main destination for printers and copying machines exports from Serbia, accounting for a X% share of total exports. Moreover, printers and copying machines exports to Lithuania exceeded the volume sent to the second major destination, Montenegro (X units), threefold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Lithuania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, the largest markets for printers and copying machines exported from Serbia were Lithuania ($X), Russia ($X) and Estonia ($X), with a combined X% share of total exports. Bosnia and Herzegovina, Slovakia, Montenegro, the Netherlands and North Macedonia lagged somewhat behind, together comprising a further X%.

Slovakia, 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 printers and copying machines export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, continues to indicate a perceptible descent. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, 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 a decline.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Serbia

In 2022, supplies from abroad of printers, copying machines and facsimile machines increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines imports surged to $X in 2022. In general, total imports indicated strong growth 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, imports increased by X% against 2020 indices. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of printers and copying machines to Serbia, with a X% share of total imports. Moreover, printers and copying machines imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), fivefold. Indonesia (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of printers, copying machines and facsimile machines to Serbia, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, 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: the Philippines (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average printers and copying machines import price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price saw a noticeable decline. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average 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 ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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