Serbia - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethacrylic Acid Esters Price in Serbia - 2023
Contents:
- Methacrylic Acid Esters Price in Serbia (CIF) - 2022
- Methacrylic Acid Esters Price in Serbia (FOB) - 2022
- Methacrylic Acid Esters Imports in Serbia
- Methacrylic Acid Esters Exports in Serbia
Methacrylic Acid Esters Price in Serbia (CIF) - 2022
The average methacrylic acid esters import price stood at $5,022 per ton in 2022, falling by -25.7% against the previous year. In general, the import price, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 55%. The import price peaked at $7,063 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,286 per ton), while the price for Italy ($2,929 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Methacrylic Acid Esters Price in Serbia (FOB) - 2022
The average methacrylic acid esters export price stood at $68,250 per ton in 2022, picking up by 848% against the previous year. In general, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to +0.2% per year.
Methacrylic Acid Esters Imports in Serbia
In 2022, the amount of esters of methacrylic acid imported into Serbia surged to 16 tons, jumping by 27% compared with the previous year's figure. In general, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 309%. As a result, imports reached the peak of 32 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, methacrylic acid esters imports contracted to $79K in 2022. Overall, imports recorded a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 188% against the previous year. As a result, imports reached the peak of $159K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Methacrylic Acid Esters in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.2 | 0.5 | 3.3 | 20.1 | 364.9% |
United Kingdom | 14.2 | 32.6 | 14.7 | 17.9 | 8.0% |
Netherlands | 0.6 | 1.5 | 3.7 | 15.2 | 193.7% |
United States | N/A | 0.4 | N/A | 10.8 | 419.6% |
Germany | 2.6 | 3.7 | 1.1 | 5.1 | 25.2% |
Italy | 1.7 | 1.3 | 2.2 | 3.9 | 31.9% |
Hungary | 1.7 | 2.5 | 1.8 | N/A | 2.9% |
Others | 34.2 | 117 | 56.5 | 5.8 | -44.6% |
Total | 55.3 | 159 | 83.3 | 78.8 | 12.5% |
Top Suppliers of Methacrylic Acid Esters to Serbia in 2022:
- United Kingdom (5.6 tons)
- Netherlands (4.9 tons)
- United States (1.9 tons)
- China (1.4 tons)
- Italy (1.3 tons)
- Germany (0.3 tons)
Methacrylic Acid Esters Exports in Serbia
For the third consecutive year, Serbia recorded decline in shipments abroad of esters of methacrylic acid, which decreased by -95.6% to 8 kg in 2022. In general, exports saw a dramatic curtailment. The smallest decline of -11.2% was in 2021.
In value terms, methacrylic acid esters exports shrank dramatically to $546 in 2022. Over the period under review, exports saw a sharp decrease. The smallest decline of -6.2% was in 2021.
Export of Methacrylic Acid Esters in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
North Macedonia | N/A | N/A | N/A | 0.5 | 0% |
Montenegro | 11.6 | 1.4 | 0.9 | N/A | -72.1% |
Netherlands | 0.5 | N/A | 0.1 | N/A | -55.3% |
Others | 0.6 | N/A | 0.4 | N/A | -18.4% |
Total | 12.8 | 1.4 | 1.3 | 0.5 | -66.1% |
Top Export Markets for Methacrylic Acid Esters from Serbia in 2022:
- North Macedonia (8.0 kg)
This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid
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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