Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia (CIF) - 2022

The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $132,697 per ton in 2022, which is down by -3.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 100%. Over the period under review, average import prices attained the peak figure at $143,499 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($132,828 per ton), while the price for Italy stood at $126,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.0%).

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia (FOB) - 2022

In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $27,316 per ton, falling by -19.3% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 78% against the previous year. The export price peaked at $44,683 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($75,500 per ton), while the average price for exports to Montenegro ($23,756 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 North Macedonia (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia

In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Serbia rose modestly to 475 kg, picking up by 1.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds shrank to $63K in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 156%. As a result, imports reached the peak of $64K, and then dropped in the following year.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.225.264.461.842.9%
ItalyN/AN/AN/A1.30%
North Macedonia3.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total24.525.264.463.037.0%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Serbia in 2022:

  1. China (465.0 kg)
  2. Italy (10.0 kg)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia

In 2022, shipments abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -79.8% to 196 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 88% against the previous year. As a result, the exports attained the peak of 2.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds reduced sharply to $5.4K in 2022. In general, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of $50K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina0.51.012.72.058.7%
Montenegro13.316.69.41.9-47.7%
AustriaN/AN/A7.71.1-85.7%
North Macedonia8.914.2N/A0.3-67.7%
Switzerland20.74.31.5N/A-73.1%
United StatesN/A12.2N/AN/A0%
Others0.61.21.6N/A63.3%
Total44.149.732.95.4-50.3%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Serbia in 2022:

  1. Montenegro (82.0 kg)
  2. Bosnia and Herzegovina (80.0 kg)
  3. Austria (30.0 kg)
  4. North Macedonia (4.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Serbia