Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia - 2024

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia (FOB) - 2024
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia (CIF) - 2024
3. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia
4. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia (FOB) - 2024

In March 2024, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.1 per square meter, with an increase of 8.1% against the previous month. Over the period under review, the export price, however, saw a slight reduction. Over the period under review, the average export prices attained the maximum at $1.3 per square meter in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($1.6 per square meter), while the average price for exports to Turkey ($691 per thousand square meters) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.0%), while the prices for the other major destinations experienced a decline.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia (CIF) - 2024

In March 2024, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3.9 per square meter, declining by -10.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 24% against the previous month. The import price peaked at $4.5 per square meter in April 2023; however, from May 2023 to March 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($6.5 per square meter), while the price for China ($2.8 per square meter) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia

In 2022, exports of textile fabrics, rubberised; other than those of heading no. 5902s from Serbia rose rapidly to 18M square meters, picking up by 11% on the year before. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 18%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $27M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Serbia in 2022:

1. Russia (6.7M square meters)
2. Hungary (2.9M square meters)
3. Bulgaria (2.4M square meters)
4. United States (2.1M square meters)
5. Slovenia (1.2M square meters)
6. Germany (1.0M square meters)
7. Poland (0.8M square meters)

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Serbia

In 2022, approx. 3.3M square meters of textile fabrics, rubberised; other than those of heading no. 5902s were imported into Serbia; increasing by 4.8% compared with 2021. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s shrank slightly to $11M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of $12M, and then fell in the following year.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Serbia in 2022:

1. Germany (1884.2K square meters)
2. China (358.9K square meters)
3. Belarus (204.5K square meters)
4. Italy (181.4K square meters)
5. France (181.2K square meters)
6. South Korea (175.6K square meters)
7. Belgium (67.3K square meters)

Source: IndexBox Market Intelligence Platform