Report Update Apr 1, 2024

Serbia - Tapioca and Substitutes - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: Tapioca And Substitutes Market 2024

Tapioca And Substitutes Market Size in Serbia

In 2022, the Serbian tapioca and substitutes market decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a slight descent. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Tapioca And Substitutes Production in Serbia

In value terms, tapioca and substitutes production shrank modestly to $X in 2022 estimated in export price. Overall, production saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Tapioca and substitutes production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Tapioca And Substitutes Exports

Exports from Serbia

Tapioca and substitutes exports from Serbia soared to X kg in 2022, growing by X% compared with 2021 figures. Over the period under review, exports recorded a notable expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tapioca and substitutes exports skyrocketed to $X in 2022. Overall, exports saw a temperate expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for tapioca and substitutes exports from Serbia, with a X% share of total exports. Moreover, tapioca and substitutes exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Montenegro (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to X%.

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for tapioca and substitutes exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Montenegro ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina totaled X%.

Export Prices by Country

In 2022, the average tapioca and substitutes export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Montenegro stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%).

Tapioca And Substitutes Imports

Imports into Serbia

In 2022, purchases abroad of tapioca and substitutes decreased by X% to X kg, falling for the third consecutive year after two years of growth. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, tapioca and substitutes imports surged to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X kg) constituted the largest supplier of tapioca and substitutes to Serbia, accounting for a X% share of total imports. Moreover, tapioca and substitutes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of tapioca and substitutes to Serbia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

The average tapioca and substitutes import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Thailand stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tapioca and substitutes in the world?

The countries with the highest volumes of consumption in 2023 were the United States, Indonesia and Bangladesh, with a combined 28% share of global consumption. Taiwan Chinese), Thailand, Myanmar, Malaysia, Canada, Nigeria, Australia, France, the Philippines and the United Arab Emirates lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of tapioca and substitutes in the world?

The countries with the highest volumes of production in 2022 were Taiwan Chinese), Thailand and Indonesia, with a combined 73% share of global production. India, Cote d'Ivoire, China, Italy, Myanmar and Brazil lagged somewhat behind, together comprising a further 19%.

What are the leading suppliers of tapioca and substitutes to Serbia?

In value terms, China constituted the largest supplier of tapioca and substitutes to Serbia, comprising 71% of total imports. The second position in the ranking was taken by Thailand $687), with a 25% share of total imports.

What are the leading importers of tapioca and substitutes from Serbia?

In value terms, Bosnia and Herzegovina remains the key foreign market for tapioca and substitutes exports from Serbia, comprising 95% of total exports. The second position in the ranking was held by Montenegro $166), with a 5% share of total exports.

What is the average export price for tapioca and substitutes in Serbia?

In 2022, the average tapioca and substitutes export price amounted to $6,788 per ton, increasing by 7.9% against the previous year.

What is the average import price for tapioca and substitutes in Serbia?

In 2022, the average tapioca and substitutes import price amounted to $3,257 per ton, rising by 32% against the previous year.

This report provides an in-depth analysis of the tapioca and substitutes 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 10621200 - Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms

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