Price for Plants, Live; Unrooted Cuttings and Slips in Serbia - 2023

Contents:

  1. Price for Plants, Live; Unrooted Cuttings and Slips in Serbia (FOB) - 2022
  2. Price for Plants, Live; Unrooted Cuttings and Slips in Serbia (CIF) - 2022
  3. Exports of Plants, Live; Unrooted Cuttings and Slips in Serbia
  4. Imports of Plants, Live; Unrooted Cuttings and Slips in Serbia

Price for Plants, Live; Unrooted Cuttings and Slips in Serbia (FOB) - 2022

The average export price for plants, live; unrooted cuttings and slipses stood at $0.2 per unit in 2022, picking up by 3.6% against the previous year. In general, the export price posted a pronounced increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 188% against the previous year. As a result, the export price attained the peak level of $0.2 per unit. From 2019 to 2022, the average export prices remained at a somewhat 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 Algeria ($0.3 per unit), while the average price for exports to Bosnia and Herzegovina ($0.1 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 Algeria (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Plants, Live; Unrooted Cuttings and Slips in Serbia (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, surging by 3.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 126% against the previous year. As a result, import price reached the peak level of $0.2 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($0.1 per unit) and Russia ($0.1 per unit), while the price for Italy ($0.1 per unit) and Kenya ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plants, Live; Unrooted Cuttings and Slips in Serbia

For the fourth consecutive year, Serbia recorded growth in overseas shipments of plants, live; unrooted cuttings and slipses, which increased by 92% to 11M units in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 259% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of plants, live; unrooted cuttings and slipses surged to $2.1M in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 172% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Plants, Live; Unrooted Cuttings and Slips in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A1976051,798202.1%
Algeria16.3N/A138167117.2%
North Macedonia85.514412880.4-2.0%
Others50.939.416612.2-37.9%
Total1533801,0372,058137.8%

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Serbia in 2022:

  1. Russia (10.1M units)
  2. Algeria (0.5M units)
  3. North Macedonia (0.4M units)

Imports of Plants, Live; Unrooted Cuttings and Slips in Serbia

In 2022, approx. 10M units of plants, live; unrooted cuttings and slipses were imported into Serbia; which is down by -6.3% on the previous year. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 349%. As a result, imports attained the peak of 11M units, and then dropped in the following year.

In value terms, imports of plants, live; unrooted cuttings and slipses contracted slightly to $1.2M in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 373% against the previous year. As a result, imports reached the peak of $1.3M, and then fell modestly in the following year.

Import of Plants, Live; Unrooted Cuttings and Slips in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18032.181856846.7%
Netherlands21816837940522.9%
MoldovaN/AN/AN/A1010%
Kenya62.821.836.140.1-13.9%
GreeceN/AN/AN/A22.70%
RussiaN/AN/AN/A21.60%
Others89.648.546.282.9-2.6%
Total5512701,2791,24131.1%

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Serbia in 2022:

  1. Italy (4.7M units)
  2. Netherlands (3.4M units)
  3. Moldova (0.8M units)
  4. Kenya (0.3M units)
  5. Greece (0.2M units)
  6. Russia (0.2M units)

Source: IndexBox Market Intelligence Platform

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