Serbia: Preserved Salmon Market 2024

Preserved Salmon Market Size in Serbia

The Serbian preserved salmon market was estimated at $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Preserved Salmon Production in Serbia

In value terms, preserved salmon production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Preserved salmon production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Preserved Salmon Exports

Exports from Serbia

In 2021, the amount of salmon (prepared or preserved) exported from Serbia totaled X kg, approximately mirroring the previous year's figure. Over the period under review, exports showed a significant expansion. The smallest decline of X% was in 2017. Over the period under review, the exports attained the peak figure at X kg in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, preserved salmon exports stood at $X in 2021. In general, exports posted a significant increase. The smallest decline of X% was in 2017. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for preserved salmon exports from Serbia, with a X% share of total exports. It was followed by the United Arab Emirates (X kg), with a X% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Belgium (X% per year).

In value terms, the largest markets for preserved salmon exported from Serbia were the Netherlands ($X), the United Arab Emirates ($X) and Belgium ($X), together comprising X% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved salmon export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2017 a decrease of X%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Salmon Imports

Imports into Serbia

For the fourth consecutive year, Serbia recorded growth in purchases abroad of salmon (prepared or preserved), which increased by X% to X tons in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, preserved salmon imports surged to $X in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of preserved salmon imports to Serbia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Latvia ($X) constituted the largest preserved salmon suppliers to Serbia, with a combined X% share of total imports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 preserved salmon import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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