Serbia - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOdoriferous Substance Mixture Price in Serbia - 2023
Contents:
- Odoriferous Substance Mixture Price in Serbia (CIF) - 2022
- Odoriferous Substance Mixture Price in Serbia (FOB) - 2023
- Odoriferous Substance Mixture Imports in Serbia
- Odoriferous Substance Mixture Exports in Serbia
Odoriferous Substance Mixture Price in Serbia (CIF) - 2022
In 2022, the average odoriferous substance mixture import price amounted to $15,164 per ton, which is down by -13.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 26%. As a result, import price attained the peak level of $18,887 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Ireland ($26,140 per ton), while the price for Slovenia ($4,601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Odoriferous Substance Mixture Price in Serbia (FOB) - 2023
In October 2023, the average odoriferous substance mixture export price amounted to $12.3 per ton, surging by 55% against the previous month. In general, the export price continues to indicate prominent growth. The growth pace was the most rapid in April 2023 an increase of 370% m-o-m. As a result, the export price attained the peak level of $19.5 per ton. From May 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($21.0 per ton), while the average price for exports to Slovenia ($3.3 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Odoriferous Substance Mixture Imports in Serbia
In 2022, after three years of growth, there was decline in overseas purchases of mixtures of odoriferous substances and their preparations, when their volume decreased by -0.9% to 5.5K tons. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 5.5K tons, leveling off in the following year.
In value terms, odoriferous substance mixture imports contracted to $83M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports reached the peak of $96M, and then contracted in the following year.
Import of Odoriferous Substance Mixture in Serbia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 33.5 | 30.9 | 39.6 | 28.7 | -5.0% |
Germany | 15.0 | 20.7 | 30.5 | 23.8 | 16.6% |
Switzerland | 3.9 | 6.7 | 7.8 | 13.3 | 50.5% |
France | 3.3 | 3.2 | 2.9 | 3.1 | -2.1% |
United States | 1.9 | 2.1 | 3.2 | 3.0 | 16.4% |
Netherlands | 4.1 | 4.8 | 5.3 | 2.8 | -11.9% |
Slovenia | 1.0 | 0.6 | 1.6 | 2.0 | 26.0% |
Austria | 0.8 | 1.0 | 0.9 | 1.7 | 28.6% |
Spain | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
Others | 2.9 | 3.9 | 3.8 | 4.0 | 11.3% |
Total | 67.2 | 74.7 | 96.3 | 82.9 | 7.2% |
Top Suppliers of Odoriferous Substance Mixture to Serbia in 2022:
- Germany (1614.9 tons)
- Ireland (1097.7 tons)
- Switzerland (907.4 tons)
- Slovenia (440.1 tons)
- United States (371.4 tons)
- Austria (267.9 tons)
- Netherlands (173.2 tons)
- Spain (131.3 tons)
- France (130.9 tons)
Odoriferous Substance Mixture Exports in Serbia
In 2022, shipments abroad of mixtures of odoriferous substances and their preparations was finally on the rise to reach 654 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decrease.
In value terms, odoriferous substance mixture exports rose to $2.4M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Odoriferous Substance Mixture in Serbia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 356 | 316 | 600 | 702 | 25.4% |
Bosnia and Herzegovina | 282 | 243 | 293 | 355 | 8.0% |
Germany | 190 | 202 | 307 | 338 | 21.2% |
North Macedonia | 216 | 233 | 263 | 204 | -1.9% |
Romania | 597 | 373 | 231 | 149 | -37.0% |
Slovenia | 115 | 16.6 | 34.1 | 8.4 | -58.2% |
Others | 586 | 591 | 659 | 680 | 5.1% |
Total | 2,342 | 1,975 | 2,386 | 2,438 | 1.3% |
Top Export Markets for Odoriferous Substance Mixture from Serbia in 2022:
- Austria (447.1 tons)
- Germany (98.8 tons)
- Bosnia and Herzegovina (22.7 tons)
- North Macedonia (18.1 tons)
- Romania (17.2 tons)
- Slovenia (8.1 tons)
This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
- Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)
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
This report provides an in-depth analysis of the odoriferous substance mixture market in Serbia.
This report provides an in-depth analysis of the global odoriferous substance mixture market.
This report provides an in-depth analysis of the odoriferous substance mixture market in Serbia.
This report provides an in-depth analysis of the global odoriferous substance mixture market.
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne