Serbia - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Serbia - 2023
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Serbia (CIF) - 2023
- Price for Cereal, Fruit or Nut Chocolate Bar in Serbia (FOB) - 2023
- Imports of Cereal, Fruit or Nut Chocolate Bar in Serbia
- Exports of Cereal, Fruit or Nut Chocolate Bar in Serbia
Price for Cereal, Fruit or Nut Chocolate Bar in Serbia (CIF) - 2023
In November 2023, the average import price for chocolate bars with cereals, fruit or nuts amounted to $5,780 per ton, falling by -2.2% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in October 2023 an increase of 8.7% month-to-month. As a result, import price reached the peak level of $5,910 per ton, and then declined slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($9,090 per ton), while the price for Montenegro ($3,413 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Croatia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal, Fruit or Nut Chocolate Bar in Serbia (FOB) - 2023
In November 2023, the average export price for chocolate bars with cereals, fruit or nuts amounted to $5,677 per ton, increasing by 3.1% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 8.2% m-o-m. The export price peaked at $5,884 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($9,848 per ton), while the average price for exports to Hungary ($3,286 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 Russia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal, Fruit or Nut Chocolate Bar in Serbia
For the fourth consecutive year, Serbia recorded growth in overseas purchases of chocolate bars with cereals, fruit or nuts, which increased by 0.4% to 7.6K tons in 2022. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of chocolate bars with cereals, fruit or nuts shrank to $35M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year.
Import of Cereal, Fruit or Nut Chocolate Bar in Serbia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.2 | 17.6 | 20.6 | 18.8 | 7.3% |
Croatia | 3.3 | 4.0 | 4.9 | 5.6 | 19.3% |
Austria | 2.3 | 3.1 | 3.0 | 2.9 | 8.0% |
Bosnia and Herzegovina | 1.3 | 1.4 | 1.7 | 2.1 | 17.3% |
Switzerland | 0.6 | 1.0 | 0.9 | 1.2 | 26.0% |
Poland | 1.2 | 0.8 | 0.9 | 1.1 | -2.9% |
Belgium | 1.4 | 1.3 | 1.2 | 0.7 | -20.6% |
Montenegro | 0.3 | 0.4 | 0.6 | 0.5 | 18.6% |
Others | 1.6 | 2.1 | 2.1 | 2.6 | 17.6% |
Total | 27.3 | 31.8 | 35.8 | 35.5 | 9.1% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Serbia in 2022:
- Germany (4142.7 tons)
- Croatia (1165.9 tons)
- Austria (634.9 tons)
- Bosnia and Herzegovina (559.3 tons)
- Poland (326.3 tons)
- Montenegro (137.5 tons)
- Switzerland (133.7 tons)
- Belgium (130.7 tons)
Exports of Cereal, Fruit or Nut Chocolate Bar in Serbia
In 2022, exports of chocolate bars with cereals, fruit or nuts from Serbia reduced remarkably to 3.8K tons, which is down by -17.6% compared with 2021 figures. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 5.9%.
In value terms, exports of chocolate bars with cereals, fruit or nuts declined markedly to $18M in 2022. Over the period under review, exports saw a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of $23M, and then declined significantly in the following year.
Export of Cereal, Fruit or Nut Chocolate Bar in Serbia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 6.3 | 6.4 | 6.7 | 4.8 | -8.7% |
North Macedonia | 4.6 | 3.5 | 4.0 | 3.9 | -5.4% |
Montenegro | 3.8 | 2.9 | 3.6 | 3.5 | -2.7% |
Croatia | 0.3 | 0.3 | 2.6 | 1.7 | 78.3% |
Slovenia | 0.5 | 0.3 | 1.3 | 1.1 | 30.1% |
Hungary | 0.9 | 0.7 | 0.9 | 0.6 | -12.6% |
Netherlands | 0.4 | 0.6 | 0.4 | 0.3 | -9.1% |
United Kingdom | 1.8 | 1.5 | 0.6 | 0.2 | -51.9% |
Others | 2.5 | 2.7 | 2.5 | 2.3 | -2.7% |
Total | 21.1 | 18.8 | 22.7 | 18.3 | -4.6% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Serbia in 2022:
- Bosnia and Herzegovina (1042.7 tons)
- North Macedonia (885.1 tons)
- Montenegro (669.1 tons)
- Croatia (314.0 tons)
- Slovenia (179.4 tons)
- Hungary (120.5 tons)
- Netherlands (52.1 tons)
- United Kingdom (29.0 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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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