Serbia: Market for Printing and Writing Paper 2024

Market Size for Printing and Writing Paper in Serbia

In 2022, the Serbian printing and writing paper market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Exports of Printing and Writing Paper

Exports from Serbia

In 2022, overseas shipments of printing and writing paper increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports posted a temperate increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing and writing paper exports soared to $X in 2022. In general, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Montenegro (X tons) was the main destination for printing and writing paper exports from Serbia, accounting for a X% share of total exports. Moreover, printing and writing paper exports to Montenegro exceeded the volume sent to the second major destination, North Macedonia (X tons), twofold. Bosnia and Herzegovina (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Montenegro ($X) remains the key foreign market for printing and writing paper exports from Serbia, comprising X% of total exports. The second position in the ranking was held by North Macedonia ($X), with an X% share of total exports. It was followed by Bosnia and Herzegovina, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Montenegro totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

The average printing and writing paper export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a temperate increase 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, printing and writing paper export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Slovenia ($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 more modest paces of growth.

Imports of Printing and Writing Paper

Imports into Serbia

In 2022, the amount of printing and writing paper imported into Serbia fell to X tons, waning by X% against 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, printing and writing paper imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Slovakia (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of printing and writing paper imports to Serbia, with a combined X% share of total imports. Austria, China, Slovenia, Portugal, Poland and Finland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest printing and writing paper suppliers to Serbia were Slovakia ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. Austria, China, Slovenia, Poland, Portugal and Finland lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average printing and writing paper import price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovenia ($X per ton) and Italy ($X per ton), while the price for Portugal ($X per ton) and Finland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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