Cerium Compounds Price in Serbia - 2024
Contents:
- Cerium Compounds Price in Serbia (CIF) - 2022
- Cerium Compounds Price in Serbia (FOB) - 2022
- Cerium Compounds Imports in Serbia
- Cerium Compounds Exports in Serbia
Cerium Compounds Price in Serbia (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $22,683 per ton, with a decrease of -18.1% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 36%. Over the period under review, average import prices reached the maximum at $56,824 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($121,000 per ton), while the price for China ($17,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Cerium Compounds Price in Serbia (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $68,667 per ton, leveling off at the previous year. Over the period under review, the export price saw a prominent expansion. The growth pace was the most rapid in 2020 when the average export price increased by 653%. As a result, the export price attained the peak level of $137,333 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Montenegro.
From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to +16.4% per year.
Cerium Compounds Imports in Serbia
In 2022, approx. 6.6 tons of cerium compoundses were imported into Serbia; picking up by 23% on the previous year. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, cerium compounds imports reached $150K in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 73%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Cerium Compounds in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 23.7 | 68.2 | 92.8 | 104 | 63.7% |
| China | 12.4 | 4.3 | 4.4 | 26.9 | 29.5% |
| India | N/A | 0.5 | 7.1 | 17.5 | 491.6% |
| Italy | 13.3 | 16.0 | 18.1 | N/A | 16.7% |
| Others | 17.3 | 26.2 | 26.3 | 1.8 | -53.0% |
| Total | 66.7 | 115 | 149 | 150 | 31.0% |
Top Suppliers of Cerium Compounds to Serbia in 2022:
- France (4.1 tons)
- China (1.6 tons)
- India (1.0 tons)
Cerium Compounds Exports in Serbia
For the third year in a row, Serbia recorded decline in shipments abroad of cerium compoundses, which decreased by 0% to 3 kg in 2022. Over the period under review, exports showed a abrupt downturn. The smallest decline of -25% was in 2020.
In value terms, cerium compounds exports stood at $206 in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 464%. As a result, the exports attained the peak of $412. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cerium Compounds in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 73.0 | 52.0 | N/A | 206 | 41.3% |
| Austria | N/A | 360 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 73.0 | 412 | N/A | 206 | 41.3% |
Top Export Markets for Cerium Compounds from Serbia in 2022:
- Montenegro (3.0 kg)
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