Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia - 2023

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia (FOB) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia (CIF) - 2022
  3. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia
  4. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $47,258 per ton in 2022, surging by 18% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2018 an increase of 236% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Italy ($76,960 per ton), while the average price for exports to Bosnia and Herzegovina ($6,320 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 Russia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,331 per ton, jumping by 17% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 27% against the previous year. The import price peaked at $11,180 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($37,656 per ton), while the price for Argentina ($4,229 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia

In 2022, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by 193% to 38 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 skyrocketed to $1.8M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A1,1630%
Russia14734017626922.3%
United KingdomN/AN/AN/A2360%
NetherlandsN/AN/AN/A51.60%
Germany2719.033746.9-44.3%
Bosnia and Herzegovina1.73.21.913.097.0%
Switzerland39.620.5N/AN/A-48.2%
Others13.27.82.28.9-12.3%
Total4733815171,78855.8%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Serbia in 2022:

  1. Italy (15.1 tons)
  2. United Kingdom (10.2 tons)
  3. Russia (7.2 tons)
  4. Netherlands (2.0 tons)
  5. Bosnia and Herzegovina (2.0 tons)
  6. Germany (1.0 tons)

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia

For the fourth year in a row, Serbia recorded growth in supplies from abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, which increased by 13% to 92 tons in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 surged to $672K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany82.981.824744875.5%
Iran8.026.311091.5125.3%
RussiaN/AN/AN/A65.10%
Turkey84.747.159.943.1-20.2%
ArgentinaN/AN/A7.99.317.7%
United States53.382.268.27.2-48.7%
Greece63.445.41.0N/A-87.4%
Others23.012.816.08.2-29.1%
Total31529651067228.7%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Serbia in 2022:

  1. Germany (54.6 tons)
  2. Iran (21.0 tons)
  3. Turkey (9.9 tons)
  4. Argentina (2.2 tons)
  5. Russia (1.7 tons)
  6. United States (0.9 tons)

Source: IndexBox Market Intelligence Platform

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