Serbia - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Serbia - 2023
Contents:
- Smoothing Iron Price in Serbia (CIF) - 2023
- Smoothing Iron Price in Serbia (FOB) - 2023
- Smoothing Iron Imports in Serbia
- Smoothing Iron Exports in Serbia
Smoothing Iron Price in Serbia (CIF) - 2023
The average smoothing iron import price stood at $17.2 per unit in November 2023, declining by -10.6% against the previous month. Over the period under review, the import price showed a perceptible contraction. The pace of growth was the most pronounced in February 2023 when the average import price increased by 93% m-o-m. The import price peaked at $31.8 per unit in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($43.3 per unit), while the price for China ($12.0 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+0.7%), while the prices for the other major suppliers experienced a decline.
Smoothing Iron Price in Serbia (FOB) - 2023
The average smoothing iron export price stood at $47.6 per unit in November 2023, rising by 36% against the previous month. Overall, the export price posted a temperate expansion. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 213% m-o-m. As a result, the export price reached the peak level of $126 per unit. From March 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Russia ($141 per unit), while the average price for exports to Romania ($10.0 per unit) 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 Bosnia and Herzegovina (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in Serbia
For the fourth consecutive year, Serbia recorded growth in supplies from abroad of electric smoothing irons, which increased by 6.4% to 235K units in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, smoothing iron imports declined to $3.6M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8.7%. As a result, imports reached the peak of $4.1M, and then shrank in the following year.
| Import of Smoothing Iron in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,778 | 2,053 | 2,278 | 2,449 | 11.3% |
| France | 775 | 686 | 684 | 719 | -2.5% |
| Indonesia | 708 | 634 | 777 | 188 | -35.7% |
| Germany | 249 | 309 | 273 | 168 | -12.3% |
| Others | 197 | 97.0 | 96.1 | 116 | -16.2% |
| Total | 3,707 | 3,779 | 4,108 | 3,640 | -0.6% |
Top Suppliers of Smoothing Iron to Serbia in 2022:
- China (208.7K units)
- France (16.5K units)
- Germany (3.3K units)
- Indonesia (2.1K units)
Smoothing Iron Exports in Serbia
Smoothing iron exports from Serbia fell modestly to 30K units in 2022, waning by -4.3% against the previous year's figure. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 103%. As a result, the exports reached the peak of 31K units, and then declined slightly in the following year.
In value terms, smoothing iron exports declined notably to $717K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +31.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of $927K, and then dropped rapidly in the following year.
| Export of Smoothing Iron in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 46.2 | N/A | 0.1 | 121 | 37.8% |
| Lithuania | 279 | 261 | 139 | 101 | -28.7% |
| Montenegro | 40.5 | 20.1 | 48.7 | 66.6 | 18.0% |
| North Macedonia | 52.7 | 49.9 | 66.1 | 65.9 | 7.7% |
| Bosnia and Herzegovina | 28.6 | 27.5 | 77.1 | 57.8 | 26.4% |
| Uzbekistan | 19.1 | 60.9 | 67.7 | 47.0 | 35.0% |
| Croatia | N/A | N/A | 61.3 | 47.0 | -23.3% |
| Albania | 22.6 | 22.4 | 60.3 | 42.2 | 23.1% |
| Slovenia | N/A | 16.6 | 7.9 | 21.9 | 14.9% |
| Azerbaijan | N/A | N/A | N/A | 18.7 | 0% |
| Hungary | N/A | N/A | N/A | 18.0 | 0% |
| Romania | N/A | N/A | 7.5 | 16.8 | 124.0% |
| Belgium | 53.3 | 52.6 | 180 | 7.7 | -47.5% |
| Others | 14.7 | 33.8 | 212 | 85.2 | 79.6% |
| Total | 557 | 545 | 927 | 717 | 8.8% |
Top Export Markets for Smoothing Iron from Serbia in 2022:
- Russia (5.3K units)
- North Macedonia (3.3K units)
- Bosnia and Herzegovina (3.0K units)
- Croatia (2.7K units)
- Montenegro (2.4K units)
- Albania (1.7K units)
- Hungary (1.7K units)
- Romania (1.5K units)
- Lithuania (1.5K units)
- Slovenia (1.5K units)
- Azerbaijan (1.4K units)
- Uzbekistan (0.8K units)
- Belgium (0.2K units)
This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons
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
-
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
-
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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