Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia - 2022

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $122,441 per unit, jumping by 335% against the previous year. In general, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 633% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($150,103 per unit), while the price for Turkey ($588 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia (FOB) - 2022

In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $34,066 per unit, with an increase of 259% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $65,503 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($53,881 per unit), while the average price for exports to the United States ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+148.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia

In 2022, imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Serbia expanded significantly to 58 units, growing by 12% compared with 2021. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $7.1M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Serbia in 2022:

1. China (45.0 units)
2. Italy (9.0 units)
3. Turkey (1.0 units)
4. United States (1.0 units)
5. Croatia (1.0 units)
6. Germany (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Serbia

After two years of decline, overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -37.5% to 5 units in 2022. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of -27.3% was in 2020. Over the period under review, the exports of hit record highs at 11 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $170K in 2022. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 128%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Serbia in 2022:

1. Mexico (2.0 units)
2. United States (1.0 units)
3. Turkey (1.0 units)
4. Croatia (1.0 units)

Source: IndexBox Market Intelligence Platform