Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia - 2024

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $58 per unit, with an increase of 8.7% against the previous year. Overall, the import price showed significant growth. The most prominent rate of growth was recorded in 2019 an increase of 685% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 ($205 per unit), while the price for the Czech Republic ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $9 per unit in 2022, surging by 27% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $13 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 North Macedonia ($28 per unit), while the average price for exports to Greece ($1.6 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 Hungary (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia

In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into Serbia fell significantly to 12K units, declining by -15.7% on 2021 figures. Over the period under review, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked at 25K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses contracted to $677K in 2022. In general, imports saw a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs at $739K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China565328535527-2.3%
Germany30.765.145.646.414.8%
Czech Republic8.19.910.67.1-4.3%
Austria2.54.43.04.622.5%
Slovakia3.46.65.02.8-6.3%
Poland17.42.22.21.7-53.9%
Others11213913787.6-7.9%
Total739555739677-2.9%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Serbia in 2022:

  1. China (7.8K units)
  2. Czech Republic (2.1K units)
  3. Austria (0.8K units)
  4. Germany (0.2K units)
  5. Slovakia (0.2K units)
  6. Poland (0.1K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia

In 2022, overseas shipments of drawing, marking-out or mathematical calculating instrumentses decreased by -26.6% to 26K units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32%. The exports peaked at 35K units in 2021, and then contracted markedly in the following year.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses shrank to $233K in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 9.8%. Over the period under review, the exports of reached the peak figure at $249K in 2021, and then declined in the following year.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia87.170.156.055.3-14.1%
Bosnia and Herzegovina33.341.651.954.918.1%
Montenegro21.231.725.431.614.2%
North Macedonia25.533.325.316.5-13.5%
Hungary8.811.214.315.220.0%
Greece13.017.619.313.51.3%
Romania4.48.610.38.022.1%
Netherlands1.43.826.30.3-40.2%
Others21.519.619.937.520.4%
Total2162382492332.6%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Serbia in 2022:

  1. Greece (8.3K units)
  2. Montenegro (5.5K units)
  3. Bosnia and Herzegovina (3.7K units)
  4. Croatia (3.2K units)
  5. Hungary (1.9K units)
  6. Romania (0.9K units)
  7. North Macedonia (0.6K units)
  8. Netherlands (0.1K units)

Source: IndexBox Market Intelligence Platform

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