Serbia - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Latex Rubber Price in Serbia - 2023
Contents:
- Synthetic Latex Rubber Price in Serbia (CIF) - 2022
- Synthetic Latex Rubber Price in Serbia (FOB) - 2022
- Synthetic Latex Rubber Imports in Serbia
- Synthetic Latex Rubber Exports in Serbia
Synthetic Latex Rubber Price in Serbia (CIF) - 2022
In 2022, the average synthetic latex rubber import price amounted to $1,269 per ton, picking up by 10% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. The import price peaked at $1,381 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Hungary ($2,001 per ton), while the price for Austria ($1,011 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.3%), while the prices for the other major suppliers experienced a decline.
Synthetic Latex Rubber Price in Serbia (FOB) - 2022
The average synthetic latex rubber export price stood at $3,434 per ton in 2022, growing by 128% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,877 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($4,125 per ton), while the average price for exports to Austria ($1,542 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 Israel (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.
Synthetic Latex Rubber Imports in Serbia
In 2022, the amount of synthetic latex rubber imported into Serbia expanded modestly to 15K tons, picking up by 4.1% against 2021 figures. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, synthetic latex rubber imports stood at $19M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Synthetic Latex Rubber in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 5.8 | 10.3 | 11.6 | 31.5% |
| Italy | 2.1 | 1.5 | 3.4 | 4.1 | 25.0% |
| Austria | 1.7 | 0.6 | 1.2 | 1.5 | -4.1% |
| India | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Hungary | 0.5 | 0.3 | 0.2 | 0.5 | 0.0% |
| France | 0.5 | 0.6 | 0.5 | 0.3 | -15.7% |
| Belgium | 0.7 | 0.5 | 0.5 | 0.3 | -24.6% |
| Others | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| Total | 10.7 | 9.3 | 16.6 | 19.0 | 21.1% |
Top Suppliers of Synthetic Latex Rubber to Serbia in 2022:
- Germany (9.0K tons)
- Italy (3.5K tons)
- Austria (1.5K tons)
- India (0.3K tons)
- Belgium (0.2K tons)
- Hungary (0.2K tons)
- France (0.1K tons)
Synthetic Latex Rubber Exports in Serbia
In 2022, the amount of synthetic latex rubber exported from Serbia reduced markedly to 37 tons, waning by -37.9% against 2021 figures. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 754%. As a result, the exports reached the peak of 59 tons, and then reduced dramatically in the following year.
In value terms, synthetic latex rubber exports skyrocketed to $126K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 429% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Synthetic Latex Rubber in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | N/A | 85.6 | 0% |
| North Macedonia | 0.3 | 0.5 | 1.4 | 13.5 | 255.7% |
| Israel | 16.8 | N/A | 8.2 | 10.5 | -14.5% |
| Bosnia and Herzegovina | 3.9 | 8.4 | 4.7 | 6.6 | 19.2% |
| Austria | N/A | N/A | N/A | 5.8 | 0% |
| Montenegro | 4.6 | 7.9 | 4.7 | 3.2 | -11.4% |
| Turkey | N/A | N/A | 69.9 | N/A | 0% |
| Others | 7.3 | 0.1 | 0.1 | 0.9 | -50.2% |
| Total | 33.0 | 16.8 | 88.9 | 126 | 56.3% |
Top Export Markets for Synthetic Latex Rubber from Serbia in 2022:
- Belarus (20.8 tons)
- Israel (4.0 tons)
- Austria (3.8 tons)
- North Macedonia (3.6 tons)
- Bosnia and Herzegovina (2.8 tons)
- Montenegro (1.4 tons)
This report provides an in-depth analysis of the synthetic latex rubber market 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 20171050 - Synthetic latex rubber
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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