Price for Navigational Instruments and Appliances; Parts and Accessories in Serbia - 2024

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Serbia (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Serbia (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Serbia
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Serbia

Price for Navigational Instruments and Appliances; Parts and Accessories in Serbia (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $592,235 per ton, growing by 58% against the previous year. In general, the import price saw a mild increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 148% against the previous year. The import price peaked at $2,199,400 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the United States ($1,387,733 per ton), while the price for the Czech Republic ($28,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Navigational Instruments and Appliances; Parts and Accessories in Serbia (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $299,020 per ton, reducing by -22.5% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by 319%. Over the period under review, the average export prices attained the peak figure at $1,257,810 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($320,733 per ton), while the average price for exports to Germany ($80,000 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 the UK (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Serbia

Imports of navigational instruments and appliances; parts and accessorieses into Serbia contracted sharply to 119 kg in 2022, waning by -19% against the previous year's figure. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 407%.

In value terms, imports of navigational instruments and appliances; parts and accessorieses soared to $70K in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 356%.

Import of Navigational Instruments and Appliances; Parts and Accessories in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26.55.528.441.616.2%
France0.2N/AN/A17.4343.1%
China4.20.27.87.320.2%
Netherlands4.3N/A11.91.7-26.6%
Germany0.33.45.51.571.0%
Czech Republic75.5N/AN/AN/A0%
Italy13.1N/AN/AN/A0%
Others11.43.01.71.0-55.6%
Total13612.155.270.5-19.7%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Serbia in 2022:

  1. China (59.0 kg)
  2. United States (30.0 kg)
  3. France (15.0 kg)
  4. Netherlands (9.0 kg)
  5. Germany (2.0 kg)
  6. Czech Republic (1.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Serbia

In 2022, exports of navigational instruments and appliances; parts and accessorieses from Serbia surged to 49 kg, rising by 69% against the previous year. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,429% against the previous year. As a result, the exports reached the peak of 531 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $15K in 2022. In general, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 117%. As a result, the exports attained the peak of $57K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Navigational Instruments and Appliances; Parts and Accessories in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.752.23.89.626.9%
IndiaN/AN/AN/A4.80%
Netherlands4.7N/A1.00.2-65.1%
GermanyN/AN/A1.40.1-92.9%
SeychellesN/A1.4N/AN/A0%
Others17.13.75.1N/A-45.4%
Total26.457.311.214.7-17.7%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Serbia in 2022:

  1. France (32.0 kg)
  2. India (15.0 kg)
  3. Netherlands (1.0 kg)
  4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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