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Serbia - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnetic Card Price in Serbia - 2023
Contents:
- Magnetic Card Price in Serbia (CIF) - 2022
- Magnetic Card Price in Serbia (FOB) - 2022
- Magnetic Card Imports in Serbia
- Magnetic Card Exports in Serbia
Magnetic Card Price in Serbia (CIF) - 2022
In 2022, the average magnetic card import price amounted to $0.3 per unit, falling by -48.5% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of 44%. As a result, import price attained the peak level of $0.5 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1.2 per unit), while the price for Germany (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.4%), while the prices for the other major suppliers experienced a decline.
Magnetic Card Price in Serbia (FOB) - 2022
The average magnetic card export price stood at $0.4 per unit in 2022, waning by -12.4% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 134%. As a result, the export price attained the peak level of $2.4 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($0.9 per unit), while the average price for exports to Bulgaria ($0.2 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 Cyprus (+70.5%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Card Imports in Serbia
In 2022, approx. 2.7M units of cards incorporating a magnetic stripe were imported into Serbia; rising by 80% compared with the previous year's figure. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, magnetic card imports contracted to $696K in 2022. The total import value increased at an average annual rate of +2.8% 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 40% against the previous year. As a result, imports attained the peak of $749K, and then shrank in the following year.
Import of Magnetic Card in Serbia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 359 | 280 | 231 | 412 | 4.7% |
Poland | 17.3 | 8.9 | 55.9 | 56.1 | 48.0% |
Germany | 4.3 | 62.0 | 17.7 | 52.0 | 129.5% |
Turkey | 67.4 | 40.6 | 36.6 | 48.6 | -10.3% |
Croatia | 136 | 57.1 | 51.8 | 41.7 | -32.6% |
China | 11.2 | 36.1 | 14.4 | 25.2 | 31.0% |
Bosnia and Herzegovina | N/A | N/A | 11.7 | N/A | 0% |
Others | 47.1 | 51.6 | 330 | 60.5 | 8.7% |
Total | 641 | 537 | 749 | 696 | 2.8% |
Top Suppliers of Magnetic Card to Serbia in 2022:
- Italy (1141.4K units)
- Germany (1051.3K units)
- Poland (231.4K units)
- Croatia (147.5K units)
- China (63.6K units)
- Turkey (23.2K units)
Magnetic Card Exports in Serbia
In 2022, after three years of growth, there was significant decline in shipments abroad of cards incorporating a magnetic stripe, when their volume decreased by -49.9% to 389K units. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 171% against the previous year. As a result, the exports reached the peak of 776K units, and then contracted notably in the following year.
In value terms, magnetic card exports contracted remarkably to $149K in 2022. Overall, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 97% against the previous year. As a result, the exports reached the peak of $339K, and then dropped notably in the following year.
Export of Magnetic Card in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 11.3 | 17.3 | 1.3 | 31.2 | 40.3% |
Latvia | N/A | N/A | 10.4 | 27.7 | 166.3% |
Bulgaria | 12.2 | 15.9 | 23.8 | 20.8 | 19.5% |
Montenegro | 41.8 | 17.3 | 10.5 | 17.6 | -25.0% |
Estonia | N/A | N/A | N/A | 16.5 | 0% |
Malta | 1.9 | N/A | N/A | 14.4 | 96.4% |
Switzerland | 40.2 | 33.9 | 25.2 | 10.2 | -36.7% |
Cyprus | N/A | N/A | 11.3 | 3.4 | -69.9% |
Bosnia and Herzegovina | 35.2 | 75.7 | 248 | 1.9 | -62.2% |
Others | 125 | 11.5 | 8.0 | 4.9 | -66.0% |
Total | 267 | 172 | 339 | 149 | -17.7% |
Top Export Markets for Magnetic Card from Serbia in 2022:
- Bulgaria (120.0K units)
- Estonia (84.0K units)
- Montenegro (36.1K units)
- Latvia (36.0K units)
- Ireland (34.0K units)
- Malta (26.9K units)
- Switzerland (20.0K units)
- Cyprus (10.0K units)
- Bosnia and Herzegovina (5.5K units)
This report provides an in-depth analysis of the magnetic card 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 26801400 - Cards incorporating a magnetic stripe
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
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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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