Serbia - Dairy Spreads - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDairy Spread Price in Serbia - 2023
Contents:
- Dairy Spread Price in Serbia (FOB) - 2023
- Dairy Spread Price in Serbia (CIF) - 2022
- Dairy Spread Exports in Serbia
- Dairy Spread Imports in Serbia
Dairy Spread Price in Serbia (FOB) - 2023
In November 2023, the average dairy spread export price amounted to $4,945 per ton, flattening at the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 8.3% against the previous month. Over the period under review, the average export prices hit record highs at $5,328 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Montenegro ($6,273 per ton), while the average price for exports to Switzerland ($3,778 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Spread Price in Serbia (CIF) - 2022
The average dairy spread import price stood at $5,497 per ton in 2022, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bosnia and Herzegovina ($12,329 per ton), while the price for Hungary ($4,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Spread Exports in Serbia
Dairy spread exports from Serbia amounted to 872 tons in 2022, approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 15%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, dairy spread exports rose notably to $3.7M in 2022. The total export value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Dairy Spread in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 1,279 | 881 | 1,375 | 1,626 | 8.3% |
| Bosnia and Herzegovina | 882 | 866 | 825 | 957 | 2.8% |
| North Macedonia | 410 | 472 | 510 | 610 | 14.2% |
| Croatia | 125 | 273 | 334 | 237 | 23.8% |
| Slovenia | 51.6 | 56.1 | 136 | 89.6 | 20.2% |
| Others | 70.6 | 146 | 89.8 | 152 | 29.1% |
| Total | 2,818 | 2,695 | 3,270 | 3,672 | 9.2% |
Top Export Markets for Dairy Spread from Serbia in 2022:
- Montenegro (336.8 tons)
- Bosnia and Herzegovina (265.8 tons)
- North Macedonia (161.3 tons)
- Croatia (53.3 tons)
- Slovenia (14.8 tons)
Dairy Spread Imports in Serbia
In 2022, overseas purchases of dairy spreads decreased by -25.9% to 185 tons, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. As a result, imports reached the peak of 331 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dairy spread imports shrank sharply to $1M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Dairy Spread in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 227 | 282 | 407 | 637 | 41.0% |
| France | 297 | 345 | 266 | 221 | -9.4% |
| Romania | N/A | 437 | 522 | 131 | -45.2% |
| Hungary | 485 | 306 | N/A | 8.3 | -74.2% |
| Others | 6.0 | 9.5 | 11.2 | 18.6 | 45.8% |
| Total | 1,015 | 1,380 | 1,207 | 1,016 | 0.0% |
Top Suppliers of Dairy Spread to Serbia in 2022:
- Germany (109.2 tons)
- France (46.3 tons)
- Romania (24.4 tons)
- Hungary (1.9 tons)
This report provides an in-depth analysis of the dairy spread 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 10513070 - Dairy spreads of a fat content by weight < .80 %
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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This report provides an in-depth analysis of the dairy spread market in Serbia.
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This report provides an in-depth analysis of the butter and ghee market in Serbia.
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This report provides an in-depth analysis of the market for butter and dairy spreads in Serbia.
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This report provides an in-depth analysis of the ghee market in Serbia.
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This report provides an in-depth analysis of the butter market in Serbia.
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This report provides an in-depth analysis of the dairy produce market in Serbia.
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This report provides an in-depth analysis of the global dairy spread market.
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This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global market for butter and dairy spreads.
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This report provides an in-depth analysis of the global ghee market.
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Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
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The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2784
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
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New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
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New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
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This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
2009
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
