Serbia - Bumpers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBumper Price in Serbia - 2023
Contents:
- Bumper Price in Serbia (CIF) - 2023
- Bumper Price in Serbia (FOB) - 2022
- Bumper Imports in Serbia
- Bumper Exports in Serbia
Bumper Price in Serbia (CIF) - 2023
The average bumper import price stood at $16,234 per ton in November 2023, dropping by -19.3% against the previous month. Over the period under review, import price indicated a resilient expansion from November 2022 to November 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, bumper import price decreased by -20.6% against August 2023 indices. The growth pace was the most rapid in December 2022 when the average import price increased by 67% against the previous month. The import price peaked at $20,448 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($54,916 per ton), while the price for Slovenia ($6,191 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bumper Price in Serbia (FOB) - 2022
In 2022, the average bumper export price amounted to $18,012 per ton, rising by 5.1% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bumper export price increased by +61.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the peak figure at $18,862 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($61,852 per ton), while the average price for exports to Mauritania ($1,131 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 Bulgaria (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bumper Imports in Serbia
In 2022, approx. 378 tons of bumpers were imported into Serbia; reducing by -4.5% on 2021 figures. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 396 tons, and then reduced in the following year.
In value terms, bumper imports amounted to $6.6M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +46.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Bumper in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 814 | N/A | 1,075 | 958 | 5.6% |
China | 221 | 1,225 | 694 | 876 | 58.3% |
Germany | 651 | 529 | 808 | 767 | 5.6% |
Italy | 626 | 530 | 808 | 728 | 5.2% |
Turkey | 341 | 339 | 500 | 506 | 14.1% |
Czech Republic | 346 | 276 | 403 | 446 | 8.8% |
Spain | 223 | 243 | 313 | 334 | 14.4% |
Poland | 230 | 201 | 319 | 287 | 7.7% |
United Kingdom | 206 | 173 | 251 | 224 | 2.8% |
France | 211 | 206 | 232 | 206 | -0.8% |
South Korea | 84.9 | 78.7 | 129 | 165 | 24.8% |
Slovenia | 66.0 | 26.1 | 12.6 | 96.3 | 13.4% |
Argentina | 63.9 | 24.7 | 60.8 | 51.8 | -6.8% |
Others | 686 | 635 | 895 | 911 | 9.9% |
Total | 4,771 | 4,488 | 6,501 | 6,555 | 11.2% |
Top Suppliers of Bumper to Serbia in 2022:
- China (74.0 tons)
- Italy (73.7 tons)
- Turkey (64.5 tons)
- Taiwan (Chinese) (60.4 tons)
- Germany (16.8 tons)
- Spain (13.2 tons)
- Czech Republic (11.2 tons)
- South Korea (9.5 tons)
- Poland (9.4 tons)
- Slovenia (6.6 tons)
- Argentina (5.5 tons)
- United Kingdom (5.1 tons)
- France (4.7 tons)
Bumper Exports in Serbia
In 2022, approx. 197 tons of bumpers were exported from Serbia; growing by 42% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, bumper exports skyrocketed to $3.5M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Bumper in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,577 | 1,989 | 1,624 | 2,723 | 20.0% |
Bosnia and Herzegovina | 126 | 181 | 280 | 268 | 28.6% |
Montenegro | 135 | 115 | 205 | 247 | 22.3% |
Egypt | 4.7 | 5.4 | 8.8 | 19.9 | 61.8% |
Mauritania | N/A | N/A | 8.0 | 12.8 | 60.0% |
Nigeria | N/A | N/A | N/A | 8.1 | 0% |
Others | 151 | 423 | 243 | 263 | 20.3% |
Total | 1,993 | 2,714 | 2,369 | 3,543 | 21.1% |
Top Export Markets for Bumper from Serbia in 2022:
- Italy (145.3 tons)
- Egypt (12.6 tons)
- Mauritania (11.3 tons)
- Bosnia and Herzegovina (8.3 tons)
- Nigeria (4.4 tons)
- Montenegro (4.0 tons)
This report provides an in-depth analysis of the bumper 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 29323010 - Bumpers and parts thereof (including plastic bumpers)
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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