Serbia - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Wheat Groats Price in Serbia - 2023
Contents:
- Non-Wheat Groats Price in Serbia (FOB) - 2022
- Non-Wheat Groats Price in Serbia (CIF) - 2022
- Non-Wheat Groats Exports in Serbia
- Non-Wheat Groats Imports in Serbia
Non-Wheat Groats Price in Serbia (FOB) - 2022
The average non-wheat groats export price stood at $397 per ton in 2022, surging by 19% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 38%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($469 per ton) and North Macedonia ($433 per ton), while the average price for exports to Montenegro ($358 per ton) and Croatia ($388 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Wheat Groats Price in Serbia (CIF) - 2022
In 2022, the average non-wheat groats import price amounted to $696 per ton, rising by 2.4% against the previous year. Overall, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2017 an increase of 110% against the previous year. As a result, import price reached the peak level of $1,763 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,083 per ton), while the price for Hungary ($456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Wheat Groats Exports in Serbia
In 2022, approx. 26K tons of groats and meal of cereals (excluding wheat) were exported from Serbia; with an increase of 23% against the previous year. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-wheat groats exports skyrocketed to $10M in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Non-Wheat Groats in Serbia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 0.1 | 0.1 | 0.9 | 3.9 | 239.1% |
North Macedonia | 0.9 | 1.0 | 1.7 | 2.1 | 32.6% |
Montenegro | 1.9 | 2.2 | 2.6 | 2.0 | 1.7% |
Bosnia and Herzegovina | 1.4 | 1.5 | 1.4 | 1.3 | -2.4% |
Slovenia | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
Hungary | N/A | N/A | N/A | 0.3 | 0% |
Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Total | 4.8 | 5.2 | 7.1 | 10.3 | 29.0% |
Top Export Markets for Non-Wheat Groats from Serbia in 2022:
- Croatia (10.1K tons)
- Montenegro (5.7K tons)
- North Macedonia (4.8K tons)
- Bosnia and Herzegovina (3.3K tons)
- Slovenia (1.1K tons)
- Hungary (0.7K tons)
Non-Wheat Groats Imports in Serbia
In 2022, the amount of groats and meal of cereals (excluding wheat) imported into Serbia soared to 393 tons, increasing by 56% compared with the year before. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-wheat groats imports surged to $273K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Wheat Groats in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 48.3 | 80.1 | 86.4 | 103 | 28.7% |
Ukraine | N/A | 5.4 | 37.7 | 70.1 | 260.3% |
Slovenia | N/A | N/A | 6.3 | 56.6 | 798.4% |
Germany | 22.1 | 17.5 | 26.0 | 27.5 | 7.6% |
Hungary | N/A | N/A | N/A | 11.2 | 0% |
Croatia | 11.5 | N/A | N/A | N/A | 0% |
Others | 3.7 | 14.5 | 14.5 | 5.3 | 12.7% |
Total | 85.7 | 118 | 171 | 273 | 47.1% |
Top Suppliers of Non-Wheat Groats to Serbia in 2022:
- Romania (158.8 tons)
- Slovenia (118.0 tons)
- Ukraine (75.0 tons)
- Hungary (24.5 tons)
- Germany (14.3 tons)
This report provides an in-depth analysis of the non-wheat groats 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 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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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