Report Update May 1, 2024

Serbia - Vacuum Vessels - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: Market for Vacuum Flasks and Vessels 2024

Market Size for Vacuum Flasks and Vessels in Serbia

For the fourth year in a row, the Serbian vacuum flask and vessel market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption posted a significant expansion. Vacuum flask and vessel consumption peaked in 2022 and is likely to continue growth in the near future.

Exports of Vacuum Flasks and Vessels

Exports from Serbia

In 2022, vacuum flask and vessel exports from Serbia rose slightly to X units, surging by X% against the previous year. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, vacuum flask and vessel exports expanded significantly to $X in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Bosnia and Herzegovina (X units), North Macedonia (X units) and Croatia (X units) were the main destinations of vacuum flask and vessel exports from Serbia, with a combined X% share of total exports. Montenegro, Slovenia, Bulgaria, Albania and Norway lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and Montenegro ($X) were the largest markets for vacuum flask and vessel exported from Serbia worldwide, together accounting for X% of total exports. North Macedonia, Croatia, Albania, Bulgaria and Norway lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average vacuum flask and vessel export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($X per unit), while the average price for exports to Croatia ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Flasks and Vessels

Imports into Serbia

For the fourth consecutive year, Serbia recorded growth in overseas purchases of vacuum flasks and vessels, which increased by X% to X units in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, vacuum flask and vessel imports soared to $X in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of vacuum flask and vessel to Serbia, with a X% share of total imports. It was followed by Turkey (X units), with a X% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of vacuum flasks and vessels to Serbia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average vacuum flask and vessel import price amounted to $X per unit, with an increase of X% against the previous year. Overall, import price indicated tangible growth 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, vacuum flask and vessel import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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 unit), while the price for Turkey amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vacuum flasks and vessels in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 61% share of global consumption. Japan, Brazil, Mexico, Turkey, France, Saudi Arabia, Italy, Democratic Republic of the Congo and Thailand lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of vacuum flasks and vessels in the world?

The country with the largest volume of vacuum flask and vessel production was China, accounting for 38% of total volume. Moreover, vacuum flask and vessel production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was held by India, with a 12% share.

What are the leading suppliers of vacuum flasks and vessels to Serbia?

In value terms, China constituted the largest supplier of vacuum flasks and vessels to Serbia, comprising 97% of total imports. The second position in the ranking was taken by Turkey, with a 1.6% share of total imports.

What are the leading importers of vacuum flasks and vessels from Serbia?

In value terms, the largest markets for vacuum flask and vessel exported from Serbia were Bosnia and Herzegovina, Slovenia and Montenegro, together comprising 50% of total exports. North Macedonia, Croatia, Albania, Bulgaria and Norway lagged somewhat behind, together comprising a further 42%.

What is the average export price for vacuum flasks and vessels in Serbia?

In 2022, the average vacuum flask and vessel export price amounted to $13 per unit, surging by 9.1% against the previous year.

What is the average import price for vacuum flasks and vessels in Serbia?

In 2022, the average vacuum flask and vessel import price amounted to $9.3 per unit, picking up by 19% against the previous year.

This report provides an in-depth analysis of the market for vacuum flask and vessel 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 32995960 - Vacuum flasks and other vacuum vessels, complete with cases, and parts thereof (excluding separate glass inners)

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