Illuminated Sign Price in Serbia - 2022
Contents:
- Illuminated Sign Price in Serbia (CIF) - 2022
- Illuminated Sign Price in Serbia (FOB) - 2022
- Illuminated Sign Imports in Serbia
- Illuminated Sign Exports in Serbia
Illuminated Sign Price in Serbia (CIF) - 2022
In November 2021, the average illuminated sign import price amounted to $17,374 per ton, picking up by 17% against the previous month. Over the period under review, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in August 2021 an increase of 19% month-to-month. Over the period under review, average import prices hit record highs at $34,955 per ton in January 2021; however, from February 2021 to November 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was Austria ($98,782 per ton), while the price for China ($12,987 per ton) was amongst the lowest.
From January 2021 to November 2021, the most notable rate of growth in terms of prices was attained by Croatia (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in Serbia (FOB) - 2022
In 2022, the average illuminated sign export price amounted to $17,717 per ton, falling by -13.3% against the previous year. Overall, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $28,409 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($30,730 per ton), while the average price for exports to Germany ($9,203 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 Slovenia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Imports in Serbia
Illuminated sign imports into Serbia dropped notably to 219 tons in 2022, reducing by -22.2% compared with the year before. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of 282 tons, and then fell rapidly in the following year.
In value terms, illuminated sign imports contracted to $4.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +31.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $4.8M, and then shrank in the following year.
| Import of Illuminated Sign in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 279 | 488 | 1,470 | 1,163 | 60.9% |
| Poland | 143 | 273 | 587 | 464 | 48.0% |
| China | 337 | 331 | 432 | 342 | 0.5% |
| Italy | 185 | 152 | 394 | 312 | 19.0% |
| Germany | 320 | 489 | 348 | 301 | -2.0% |
| Slovenia | 223 | 320 | 201 | 193 | -4.7% |
| Turkey | 249 | 140 | 213 | 169 | -12.1% |
| Others | 1,384 | 1,214 | 1,138 | 1,150 | -6.0% |
| Total | 3,119 | 3,405 | 4,784 | 4,094 | 9.5% |
Top Suppliers of Illuminated Sign to Serbia in 2022:
- Greece (88.5 tons)
- Poland (21.0 tons)
- Turkey (18.3 tons)
- China (15.6 tons)
- Germany (14.2 tons)
- Italy (13.0 tons)
- Slovenia (12.4 tons)
Illuminated Sign Exports in Serbia
In 2022, overseas shipments of illuminated signs and illuminated name-plates were finally on the rise to reach 85 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep slump.
In value terms, illuminated sign exports contracted slightly to $1.5M in 2022. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 3.8% against the previous year.
| Export of Illuminated Sign in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 301 | 167 | 152 | 186 | -14.8% |
| North Macedonia | 109 | 276 | 135 | 156 | 12.7% |
| Austria | 26.4 | 24.2 | 144 | 132 | 71.0% |
| Bosnia and Herzegovina | 152 | 113 | 137 | 125 | -6.3% |
| Spain | 87.6 | 57.9 | 116 | 106 | 6.6% |
| Russia | 112 | 127 | 71.7 | 93.6 | -5.8% |
| Croatia | 135 | 44.9 | 72.3 | 75.8 | -17.5% |
| United Kingdom | 67.1 | 91.3 | 67.8 | 68.0 | 0.4% |
| Algeria | 38.3 | 24.8 | 61.2 | 56.0 | 13.5% |
| Germany | 18.4 | 92.7 | 49.9 | 48.4 | 38.0% |
| Romania | 76.2 | 14.5 | 39.1 | 39.0 | -20.0% |
| Slovenia | 54.4 | 34.1 | 35.2 | 37.2 | -11.9% |
| Hungary | 35.3 | 45.1 | 26.2 | 32.0 | -3.2% |
| Others | 668 | 364 | 424 | 348 | -19.5% |
| Total | 1,880 | 1,476 | 1,532 | 1,504 | -7.2% |
Top Export Markets for Illuminated Sign from Serbia in 2022:
- North Macedonia (15.5 tons)
- Montenegro (11.0 tons)
- Croatia (5.9 tons)
- Bosnia and Herzegovina (5.6 tons)
- Germany (5.3 tons)
- Austria (5.0 tons)
- Russia (3.9 tons)
- Spain (3.8 tons)
- Romania (3.7 tons)
- Algeria (3.1 tons)
- Slovenia (2.5 tons)
- Hungary (2.2 tons)
- United Kingdom (2.2 tons)
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