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Serbia - Prepared Or Preserved Meat Or Offal Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Cows Meat Price in Serbia - 2023
Contents:
- Preserved Cows Meat Price in Serbia (FOB) - 2023
- Preserved Cows Meat Price in Serbia (CIF) - 2022
- Preserved Cows Meat Exports in Serbia
- Preserved Cows Meat Imports in Serbia
Preserved Cows Meat Price in Serbia (FOB) - 2023
In November 2023, the average preserved cows meat export price amounted to $4,143 per ton, shrinking by -17.9% against the previous month. Overall, the export price, however, showed a moderate expansion. The growth pace was the most rapid in August 2023 when the average export price increased by 48% month-to-month. As a result, the export price reached the peak level of $5,366 per ton. From September 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Austria ($8,094 per ton), while the average price for exports to Bosnia and Herzegovina ($3,430 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Cows Meat Price in Serbia (CIF) - 2022
The average preserved cows meat import price stood at $4,754 per ton in 2022, increasing by 8.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $6,362 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 Sweden ($5,619 per ton), while the price for Bulgaria ($2,742 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Cows Meat Exports in Serbia
Preserved cows meat exports from Serbia skyrocketed to 1.5K tons in 2022, growing by 54% on 2021 figures. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved cows meat exports surged to $3.6M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Preserved Cows Meat in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 566 | 406 | 507 | 678 | 6.2% |
Bosnia and Herzegovina | 793 | 940 | 880 | 575 | -10.2% |
Croatia | 352 | 616 | 551 | 492 | 11.8% |
North Macedonia | 222 | 232 | 268 | 342 | 15.5% |
Romania | 124 | 73.6 | 80.5 | 197 | 16.7% |
Slovenia | 40.0 | 94.1 | 100 | 165 | 60.4% |
Liberia | N/A | N/A | 38.0 | 139 | 265.8% |
Sierra Leone | N/A | N/A | N/A | 129 | 0% |
Cote d'Ivoire | N/A | N/A | N/A | 95.1 | 0% |
Germany | 89.4 | 54.8 | 56.6 | 35.9 | -26.2% |
Poland | 62.3 | 38.9 | N/A | N/A | -37.6% |
Others | 194 | 177 | 181 | 736 | 56.0% |
Total | 2,444 | 2,632 | 2,662 | 3,584 | 13.6% |
Top Export Markets for Preserved Cows Meat from Serbia in 2022:
- Montenegro (183.1 tons)
- Bosnia and Herzegovina (179.2 tons)
- Liberia (174.6 tons)
- Sierra Leone (140.8 tons)
- Croatia (126.0 tons)
- Romania (119.8 tons)
- Cote d'Ivoire (114.4 tons)
- North Macedonia (90.8 tons)
- Slovenia (84.0 tons)
- Germany (24.8 tons)
Preserved Cows Meat Imports in Serbia
In 2022, supplies from abroad of prepared or preserved meat or offal of bovine animals decreased by -6.8% to 241 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 4.9%. As a result, imports attained the peak of 263 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, preserved cows meat imports stood at $1.1M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 9.1% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
Import of Preserved Cows Meat in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 663 | 518 | 744 | 578 | -4.5% |
Bosnia and Herzegovina | 155 | 314 | 168 | 383 | 35.2% |
Sweden | 98.3 | 95.5 | 34.9 | 70.8 | -10.4% |
Bulgaria | N/A | N/A | 24.6 | 21.0 | -14.6% |
Czech Republic | N/A | 49.1 | 32.8 | N/A | -33.2% |
Others | 73.9 | 104 | 126 | 91.2 | 7.3% |
Total | 990 | 1,080 | 1,130 | 1,144 | 4.9% |
Top Suppliers of Preserved Cows Meat to Serbia in 2022:
- Croatia (112.5 tons)
- Bosnia and Herzegovina (96.0 tons)
- Sweden (12.6 tons)
- Bulgaria (7.7 tons)
This report provides an in-depth analysis of the preserved cows meat 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 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
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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