Serbia - Sulphuric Acid and Oleum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSerbia: Sulphuric Acid Market 2024
Sulphuric Acid Market Size in Serbia
The Serbian sulphuric acid market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption enjoyed significant growth. Sulphuric acid consumption peaked in 2022 and is likely to continue growth in the immediate term.
Sulphuric Acid Production in Serbia
In value terms, sulphuric acid production expanded markedly to $X in 2022 estimated in export price. In general, production faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Sulphuric acid production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Sulphuric Acid Exports
Exports from Serbia
In 2022, approx. X tons of sulphuric acid and oleum were exported from Serbia; shrinking by X% on the year before. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.
In value terms, sulphuric acid exports contracted to $X in 2022. Overall, exports showed a slight descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Bosnia and Herzegovina (X tons) was the main destination for sulphuric acid exports from Serbia, accounting for a X% share of total exports. Moreover, sulphuric acid exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Romania (X tons), fourfold. The third position in this ranking was held by Bulgaria (X tons), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Bulgaria (X% per year).
In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for sulphuric acid and oleum exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with an X% share of total exports. It was followed by Bulgaria, with a X% share.
From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Bulgaria (X% per year).
Export Prices by Country
In 2022, the average sulphuric acid export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Greece ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphuric Acid Imports
Imports into Serbia
In 2022, overseas purchases of sulphuric acid and oleum increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphuric acid imports skyrocketed to $X in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Bulgaria (X tons) constituted the largest supplier of sulphuric acid to Serbia, with a X% share of total imports. Moreover, sulphuric acid imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Hungary (X tons), tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Romania (X.4% per year).
In value terms, Bulgaria ($X) constituted the largest supplier of sulphuric acid and oleum to Serbia, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Bulgaria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Romania (X.6% per year).
Import Prices by Country
The average sulphuric acid import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, saw pronounced growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the sulphuric acid 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 20132434 - Sulphuric acid, oleum
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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