Price for Smoked Fish, Incl. Fillets in Serbia - 2024

Price for Smoked Fish, Incl. Fillets in Serbia (CIF) - 2024

In April 2024, the average smoked fish, incl. fillets import price amounted to $12,567 per ton, falling by -3.7% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in June 2023 when the average import price increased by 30% m-o-m. Over the period under review, average import prices attained the maximum at $16,032 per ton in November 2023; however, from December 2023 to April 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Germany ($24,736 per ton), while the price for Poland ($8,613 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Croatia (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Smoked Fish, Incl. Fillets in Serbia (FOB) - 2022

In 2021, the average smoked fish, incl. fillets export price amounted to $11,801 per ton, standing approx. at the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 65% against the previous year. Over the period under review, the average export prices attained the maximum at $23,757 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2012 to 2021, the rate of growth in terms of prices for Greece amounted to +6.0% per year.

Imports of Smoked Fish, Incl. Fillets in Serbia

In 2022, smoked fish, incl. fillets imports into Serbia skyrocketed to 154 tons, jumping by 36% against 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, smoked fish, incl. fillets imports skyrocketed to $1.2M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 60%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Smoked Fish, Incl. Fillets in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	278	403	515	813	43.0%
Croatia	70.3	77.6	165	322	66.1%
Denmark	N/A	89.3	42.1	56.9	-20.2%
Bosnia and Herzegovina	10.8	4.9	59.0	13.2	6.9%
Others	11.3	18.2	21.6	2.2	-42.0%
Total	370	593	802	1,207	48.3%

Top Suppliers of Smoked Fish, Incl. Fillets to Serbia in 2022:

Poland (114.4 tons)
Croatia (34.2 tons)
Denmark (3.1 tons)
Bosnia and Herzegovina (1.8 tons)

Exports of Smoked Fish, Incl. Fillets in Serbia

In 2021, the amount of smoked fish, incl. fillets exported from Serbia was estimated at 141 kg, remaining relatively unchanged against the previous year. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, smoked fish, incl. fillets exports totaled $1.7K in 2021. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.