Serbia - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChocolate Price in Serbia - 2023
Contents:
- Chocolate Price in Serbia (FOB) - 2022
- Chocolate Price in Serbia (CIF) - 2022
- Chocolate Exports in Serbia
- Chocolate Imports in Serbia
Chocolate Price in Serbia (FOB) - 2022
In 2022, the average chocolate export price amounted to $3,400 per ton, picking up by 1.6% against the previous year. In general, the export price, however, recorded a slight descent. The growth pace was the most rapid in 2021 when the average export price increased by 55%. Over the period under review, the average export prices reached the peak figure at $4,360 per ton in 2013; however, from 2014 to 2022, the export prices stood 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 Croatia ($4,480 per ton), while the average price for exports to Poland ($2,613 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 Poland (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Chocolate Price in Serbia (CIF) - 2022
The average chocolate import price stood at $3,749 per ton in 2022, with an increase of 15% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 41%. Over the period under review, average import prices attained the maximum at $4,285 per ton in 2014; however, from 2015 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 ($5,400 per ton), while the price for Slovenia ($2,004 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Chocolate Exports in Serbia
In 2022, chocolate exports from Serbia soared to 16K tons, with an increase of 281% against the previous year. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,786%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, chocolate exports skyrocketed to $54M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 2,816%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Chocolate in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | N/A | N/A | 5.9 | 14.7 | 149.2% |
Hungary | N/A | N/A | 0.9 | 7.7 | 755.6% |
Romania | N/A | N/A | 2.6 | 7.6 | 192.3% |
Poland | N/A | N/A | 2.3 | 7.3 | 217.4% |
Greece | N/A | N/A | 0.3 | 5.2 | 1633.3% |
Germany | N/A | N/A | N/A | 3.7 | 0% |
Belgium | N/A | N/A | 0.6 | 2.6 | 333.3% |
Others | 0.5 | 0.5 | 1.3 | 5.1 | 116.9% |
Total | 0.5 | 0.5 | 14.0 | 54.1 | 376.5% |
Top Export Markets for Chocolate from Serbia in 2022:
- Croatia (3.3K tons)
- Poland (2.8K tons)
- Romania (2.6K tons)
- Hungary (2.3K tons)
- Greece (1.6K tons)
- Germany (1.1K tons)
- Belgium (0.7K tons)
Chocolate Imports in Serbia
In 2022, supplies from abroad of chocolate and other food preparations containing cocoa decreased by -56.4% to 1.9K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, imports attained the peak of 4.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, chocolate imports shrank notably to $7.1M in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 32%.
Import of Chocolate in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1.5 | 1.6 | 2.4 | 2.1 | 11.9% |
Italy | 1.2 | 0.9 | 1.2 | 1.4 | 5.3% |
Germany | 0.4 | 1.2 | 1.7 | 1.1 | 40.1% |
Hungary | 0.4 | 0.6 | 0.7 | 0.6 | 14.5% |
France | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
Netherlands | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
Poland | 5.4 | 7.9 | 5.6 | 0.2 | -66.7% |
Moldova | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Slovenia | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
Others | 0.5 | 0.5 | 1.2 | 0.6 | 6.3% |
Total | 10.2 | 13.5 | 14.2 | 7.1 | -11.4% |
Top Suppliers of Chocolate to Serbia in 2022:
- Belgium (552.2 tons)
- Italy (402.8 tons)
- Germany (255.4 tons)
- France (107.6 tons)
- Hungary (104.5 tons)
- Netherlands (97.7 tons)
- Slovenia (97.3 tons)
- Moldova (91.8 tons)
- Poland (49.1 tons)
This report provides an in-depth analysis of the chocolate 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 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
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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