Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia - 2023

Contents:

1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia (CIF) - 2022
2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia (FOB) - 2022
3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia
4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia (CIF) - 2022

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, which is down by -8.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32% against the previous year. The import price peaked at $0.2 per unit in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($0.2 per unit), while the price for Belgium stood at $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%).

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia (FOB) - 2022

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $1 per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 250%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to +20.7% per year.

Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia

In 2022, approx. 5.3M units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were imported into Serbia; surging by 6.5% against the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants shrank to $954K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of $975K, and then contracted modestly in the following year.

Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Serbia in 2022:

1. Netherlands (5.1M units)
2. Belgium (0.1M units)

Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Serbia

For the third year in a row, Serbia recorded decline in overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which decreased by 0% to 8.5K units in 2022. In general, exports recorded a sharp shrinkage. The smallest decline of -85.1% was in 2020. Over the period under review, the exports of reached the peak figure at 68K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants totaled $8.6K in 2022. Overall, exports saw a noticeable setback. The smallest decline of -47.8% was in 2020. The exports peaked at $10K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from Serbia in 2022:

1. Montenegro (8.5K units)

Source: IndexBox Market Intelligence Platform