Serbia: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Serbia

The Serbian articles of fiber cement market was finally on the rise to reach $X in 2023, after two years of decline. In general, consumption saw a noticeable expansion. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Serbia

In value terms, articles of fiber cement production contracted to $X in 2023 estimated in export price. In general, production saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2022, and then reduced in the following year.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Serbia

In 2023, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported from Serbia; reducing by X% compared with the previous year. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, articles of fiber cement exports contracted sharply to $X in 2023. Over the period under review, exports, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons), Montenegro (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of articles of fiber cement exports from Serbia, with a combined X% share of total exports. These countries were followed by North Macedonia, which accounted for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by North Macedonia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Montenegro ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Serbia, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Montenegro was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2023, the average articles of fiber cement export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Serbia

In 2023, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into Serbia; waning by X% against 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, articles of fiber cement imports declined to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Ukraine (X tons) constituted the largest supplier of articles of fiber cement to Serbia, with a X% share of total imports. Moreover, articles of fiber cement imports from Ukraine exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Austria (X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Serbia, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2023, the average articles of fiber cement import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform