Serbia - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in Serbia - 2023
Contents:
- Canned Vegetable Price in Serbia (FOB) - 2023
- Canned Vegetable Price in Serbia (CIF) - 2023
- Canned Vegetable Exports in Serbia
- Canned Vegetable Imports in Serbia
Canned Vegetable Price in Serbia (FOB) - 2023
The average canned vegetable export price stood at $2,802 per ton in September 2023, dropping by -22.9% against the previous month. Overall, the export price, however, showed a noticeable increase. The growth pace was the most rapid in April 2023 an increase of 28% against the previous month. Over the period under review, the average export prices attained the peak figure at $4,024 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Albania ($6,345 per ton), while the average price for exports to Romania ($718 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Price in Serbia (CIF) - 2023
In September 2023, the average canned vegetable import price amounted to $3,001 per ton, shrinking by -8.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 21% m-o-m. The import price peaked at $3,279 per ton in August 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Romania ($5,579 per ton), while the price for Italy ($1,325 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Romania (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Exports in Serbia
In 2022, the amount of canned vegetables exported from Serbia soared to 23K tons, picking up by 19% compared with the previous year. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, canned vegetable exports amounted to $47M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Canned Vegetable in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 4.4 | 4.7 | 5.2 | 10.0 | 31.5% |
| North Macedonia | 7.6 | 7.7 | 8.5 | 8.4 | 3.4% |
| Montenegro | 4.9 | 3.8 | 4.8 | 5.6 | 4.6% |
| Albania | 1.0 | 0.8 | 5.7 | 3.8 | 56.0% |
| Croatia | 1.0 | 0.7 | 4.2 | 3.5 | 51.8% |
| Germany | 1.9 | 2.3 | 2.3 | 3.3 | 20.2% |
| Italy | 0.7 | 0.7 | 1.3 | 2.2 | 46.5% |
| Romania | 1.0 | 1.1 | 1.2 | 2.0 | 26.0% |
| Russia | 2.2 | 3.9 | 4.0 | 1.6 | -10.1% |
| France | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Greece | 2.4 | 1.5 | 0.3 | 0.3 | -50.0% |
| Spain | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Belarus | 0.8 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 3.0 | 4.0 | 5.3 | 34.1% |
| Total | 30.7 | 30.6 | 42.1 | 46.8 | 15.1% |
Top Export Markets for Canned Vegetable from Serbia in 2022:
- Bosnia and Herzegovina (3.9K tons)
- Germany (3.7K tons)
- Romania (2.7K tons)
- North Macedonia (2.7K tons)
- Montenegro (1.7K tons)
- Russia (1.6K tons)
- Italy (1.3K tons)
- Croatia (1.2K tons)
- Albania (0.9K tons)
- France (0.3K tons)
- Spain (0.3K tons)
- Greece (0.1K tons)
Canned Vegetable Imports in Serbia
Canned vegetable imports into Serbia soared to 17K tons in 2022, jumping by 30% on the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.4% 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 +87.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 36%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, canned vegetable imports surged to $39M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Canned Vegetable in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 4.5 | 8.4 | 8.1 | 12.5 | 40.6% |
| Croatia | 2.4 | 3.0 | 4.4 | 6.1 | 36.5% |
| Spain | 2.3 | 3.0 | 2.6 | 5.2 | 31.2% |
| Greece | 2.5 | 3.0 | 3.8 | 3.4 | 10.8% |
| Italy | 1.4 | 2.0 | 2.5 | 3.3 | 33.1% |
| Romania | 0.7 | 2.1 | 3.0 | 3.0 | 62.4% |
| Hungary | 0.8 | 1.2 | 1.5 | 1.4 | 20.5% |
| Netherlands | 0.4 | 0.5 | 0.7 | 1.0 | 35.7% |
| Poland | 1.1 | 1.0 | 0.5 | 1.0 | -3.1% |
| Others | 1.5 | 1.8 | 1.9 | 2.7 | 21.6% |
| Total | 17.7 | 25.9 | 28.8 | 39.5 | 30.7% |
Top Suppliers of Canned Vegetable to Serbia in 2022:
- North Macedonia (4.1K tons)
- Spain (3.2K tons)
- Italy (2.7K tons)
- Croatia (1.9K tons)
- Greece (1.2K tons)
- Romania (0.9K tons)
- Hungary (0.9K tons)
- Netherlands (0.6K tons)
- Poland (0.4K tons)
This report provides an in-depth analysis of the canned vegetable 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:
- FCL 472 - Vegetables, Preserved nes (O/T vinegar)
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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1597
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
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