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Serbia - Rusks, Toasted Bread And Similar Toasted Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Rusks and Toasted Bread in Serbia - 2023
Contents:
- Price for Rusks and Toasted Bread in Serbia (FOB) - 2023
- Price for Rusks and Toasted Bread in Serbia (CIF) - 2023
- Exports of Rusks and Toasted Bread in Serbia
- Imports of Rusks and Toasted Bread in Serbia
Price for Rusks and Toasted Bread in Serbia (FOB) - 2023
In November 2023, the average rusks and toasted bread export price amounted to $1,401 per ton, remaining constant against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 6.1% month-to-month. Over the period under review, the average export prices hit record highs at $1,484 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In November 2023, the highest price was recorded for prices to Bosnia and Herzegovina ($1,564 per ton) and Slovenia ($1,425 per ton), while the average price for exports to North Macedonia ($1,228 per ton) and Montenegro ($1,337 per ton) were 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 (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rusks and Toasted Bread in Serbia (CIF) - 2023
The average rusks and toasted bread import price stood at $2,907 per ton in November 2023, surging by 14% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in September 2023 an increase of 24% against the previous month. As a result, import price attained the peak level of $2,938 per ton; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($4,955 per ton), while the price for Slovakia ($1,073 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 Italy (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rusks and Toasted Bread in Serbia
For the fourth consecutive year, Serbia recorded growth in overseas shipments of rusks, toasted bread and similar toasted products, which increased by 22% to 7.2K tons in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 69%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, rusks and toasted bread exports surged to $8.9M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Rusks and Toasted Bread in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 1.2 | 2.4 | 2.9 | 4.3 | 53.0% |
Slovenia | 1.3 | 2.1 | 2.5 | 3.2 | 35.0% |
Montenegro | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
Bosnia and Herzegovina | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Russia | N/A | N/A | N/A | 0.3 | 0% |
Others | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
Total | 3.1 | 5.2 | 6.3 | 8.9 | 42.1% |
Top Export Markets for Rusks and Toasted Bread from Serbia in 2022:
- Croatia (3.6K tons)
- Slovenia (2.6K tons)
- Montenegro (0.5K tons)
- Bosnia and Herzegovina (0.2K tons)
- Russia (0.2K tons)
Imports of Rusks and Toasted Bread in Serbia
For the fourth year in a row, Serbia recorded growth in supplies from abroad of rusks, toasted bread and similar toasted products, which increased by 3.3% to 2.4K tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, rusks and toasted bread imports rose significantly to $4.8M in 2022. The total import value increased at an average annual rate of +12.8% 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 2020 when imports increased by 19%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Rusks and Toasted Bread in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 2,024 | 1,783 | 1,583 | 1,853 | -2.9% |
Germany | 799 | 1,319 | 1,642 | 1,459 | 22.2% |
Italy | 254 | 515 | 510 | 848 | 49.5% |
Slovakia | N/A | 77.8 | 158 | 325 | 104.4% |
Romania | 74.6 | 147 | 185 | 107 | 12.8% |
Others | 191 | 133 | 162 | 206 | 2.6% |
Total | 3,342 | 3,976 | 4,240 | 4,799 | 12.8% |
Top Suppliers of Rusks and Toasted Bread to Serbia in 2022:
- Germany (1034.3 tons)
- Bulgaria (578.1 tons)
- Slovakia (353.8 tons)
- Italy (330.7 tons)
- Romania (37.9 tons)
This report provides an in-depth analysis of the market for rusks and toasted bread 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 10721150 - Rusks, toasted bread and similar toasted products
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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