Price for Grapes; Fresh or Dried in Serbia - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Serbia (CIF) - 2022
  2. Price for Grapes; Fresh or Dried in Serbia (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Serbia
  4. Exports of Grapes; Fresh or Dried in Serbia

Price for Grapes; Fresh or Dried in Serbia (CIF) - 2022

In 2022, the average grapes; fresh or dried import price amounted to $831 per ton, falling by -1.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 an increase of 17%. Over the period under review, average import prices attained the peak figure at $844 per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($1,550 per ton), while the price for North Macedonia ($604 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grapes; Fresh or Dried in Serbia (FOB) - 2022

The average grapes; fresh or dried export price stood at $795 per ton in 2022, waning by -26.4% against the previous year. Over the period under review, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 43% against the previous year. As a result, the export price attained the peak level of $1,175 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,514 per ton), while the average price for exports to Bosnia and Herzegovina ($492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapes; Fresh or Dried in Serbia

In 2022, supplies from abroad of grapes; fresh or drieds decreased by -5.4% to 14K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18%.

In value terms, grapes; fresh or dried imports contracted to $12M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%.

Import of Grapes; Fresh or Dried in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia5.86.77.06.11.7%
Italy1.11.31.71.35.7%
Turkey0.80.70.81.07.7%
Greece0.21.00.50.858.7%
Iran0.70.40.60.4-17.0%
India0.40.40.20.40.0%
Montenegro0.20.60.50.20.0%
Others0.50.91.01.337.5%
Total9.612.012.411.66.5%

Top Suppliers of Grapes; Fresh or Dried to Serbia in 2022:

  1. North Macedonia (10.1K tons)
  2. Italy (0.9K tons)
  3. Greece (0.8K tons)
  4. Turkey (0.6K tons)
  5. Montenegro (0.3K tons)
  6. India (0.3K tons)
  7. Iran (0.2K tons)

Exports of Grapes; Fresh or Dried in Serbia

For the third consecutive year, Serbia recorded decline in overseas shipments of grapes; fresh or drieds, which decreased by -11.6% to 554 tons in 2022. Over the period under review, exports faced a dramatic shrinkage.

In value terms, grapes; fresh or dried exports declined dramatically to $440K in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -12.4% was in 2021.

Export of Grapes; Fresh or Dried in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro339198325253-9.3%
North Macedonia90.385.744.691.50.4%
Bosnia and Herzegovina18013580.949.7-34.9%
Russia2261516.022.0-54.0%
ItalyN/A12.333.321.231.3%
Romania34.06.91.91.4-65.5%
Croatia55.886.2125N/A49.7%
Others50.596.459.31.3-70.5%
Total976772676440-23.3%

Top Export Markets for Grapes; Fresh or Dried from Serbia in 2022:

  1. Montenegro (285.0 tons)
  2. North Macedonia (134.1 tons)
  3. Bosnia and Herzegovina (101.0 tons)
  4. Russia (16.0 tons)
  5. Italy (14.0 tons)
  6. Romania (2.5 tons)

Source: IndexBox Market Intelligence Platform

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