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Serbia - Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unmounted Tool Inserts, Sticks or Plates in Serbia - 2023
Contents:
- Price for Unmounted Tool Inserts, Sticks or Plates in Serbia (CIF) - 2023
- Price for Unmounted Tool Inserts, Sticks or Plates in Serbia (FOB) - 2022
- Imports of Unmounted Tool Inserts, Sticks or Plates in Serbia
- Exports of Unmounted Tool Inserts, Sticks or Plates in Serbia
Price for Unmounted Tool Inserts, Sticks or Plates in Serbia (CIF) - 2023
The average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $403K per ton in November 2023, dropping by -22.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 55% m-o-m. The import price peaked at $687K per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Sweden ($1.7M per ton), while the price for Croatia ($83,125 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 China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Unmounted Tool Inserts, Sticks or Plates in Serbia (FOB) - 2022
The average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $324,924 per ton in 2022, growing by 23% against the previous year. In general, the export price saw a perceptible increase. The growth pace was the most rapid in 2018 an increase of 68% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($409,190 per ton), while the average price for exports to Germany ($132,885 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 Germany (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Unmounted Tool Inserts, Sticks or Plates in Serbia
In 2022, approx. 25 tons of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips were imported into Serbia; picking up by 14% against the previous year's figure. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips surged to $10M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Unmounted Tool Inserts, Sticks or Plates in Serbia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,852 | 1,889 | 1,811 | 2,138 | 4.9% |
South Korea | 1,101 | 860 | 1,088 | 1,843 | 18.7% |
Israel | 1,180 | 1,057 | 969 | 1,328 | 4.0% |
Sweden | 990 | 1,052 | 1,037 | 971 | -0.6% |
Japan | 733 | 854 | 886 | 928 | 8.2% |
China | 516 | 349 | 613 | 720 | 11.7% |
United States | 318 | 348 | 364 | 363 | 4.5% |
Slovenia | 520 | 244 | 207 | 295 | -17.2% |
Czech Republic | 190 | 145 | 168 | 268 | 12.1% |
Austria | 209 | 230 | 292 | 188 | -3.5% |
Italy | 124 | 87.9 | 195 | 180 | 13.2% |
Luxembourg | 36.8 | 44.8 | 127 | 89.3 | 34.4% |
Turkey | 6.4 | 2.6 | 7.7 | 19.8 | 45.7% |
Others | 474 | 479 | 663 | 673 | 12.4% |
Total | 8,252 | 7,642 | 8,426 | 10,004 | 6.6% |
Top Suppliers of Unmounted Tool Inserts, Sticks or Plates to Serbia in 2022:
- China (6.5 tons)
- South Korea (4.5 tons)
- Japan (3.1 tons)
- Germany (2.9 tons)
- Israel (1.6 tons)
- Italy (1.0 tons)
- Czech Republic (1.0 tons)
- Slovenia (0.8 tons)
- Sweden (0.7 tons)
- Luxembourg (0.5 tons)
- United States (0.5 tons)
- Turkey (0.4 tons)
- Austria (0.3 tons)
Exports of Unmounted Tool Inserts, Sticks or Plates in Serbia
In 2022, approx. 5.3 tons of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips were exported from Serbia; jumping by 33% on 2021. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips soared to $1.7M in 2022. In general, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Unmounted Tool Inserts, Sticks or Plates in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 118 | 105 | 61.6 | 1,081 | 109.2% |
Bosnia and Herzegovina | 331 | 276 | 290 | 188 | -17.2% |
Belarus | 267 | 252 | 351 | 108 | -26.0% |
Turkey | 11.0 | 7.2 | 0.2 | 94.9 | 105.1% |
Lithuania | 8.7 | 5.7 | 25.6 | 46.4 | 74.7% |
North Macedonia | 31.6 | 24.2 | 40.8 | 35.6 | 4.1% |
Slovenia | 8.6 | 15.1 | 27.0 | 28.1 | 48.4% |
Ukraine | 26.2 | 9.1 | 11.6 | 27.6 | 1.8% |
Italy | 59.7 | 61.1 | 66.7 | 22.2 | -28.1% |
Bulgaria | 27.7 | 17.3 | 12.6 | 18.5 | -12.6% |
Brazil | 15.2 | 15.1 | 27.0 | 15.8 | 1.3% |
Germany | 77.8 | 15.3 | 34.8 | 6.9 | -55.4% |
Others | 54.3 | 48.7 | 107 | 54.7 | 0.2% |
Total | 1,037 | 851 | 1,055 | 1,728 | 18.6% |
Top Export Markets for Unmounted Tool Inserts, Sticks or Plates from Serbia in 2022:
- Russia (2852.0 kg)
- Bosnia and Herzegovina (767.0 kg)
- Belarus (467.0 kg)
- Turkey (232.0 kg)
- Slovenia (172.0 kg)
- Lithuania (160.0 kg)
- Ukraine (117.0 kg)
- North Macedonia (101.0 kg)
- Bulgaria (94.0 kg)
- Brazil (85.0 kg)
- Italy (55.0 kg)
- Germany (52.0 kg)
This report provides an in-depth analysis of the market for unmounted tool inserts, sticks or plates 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 25736067 - Indexable inserts for tools, unmounted, of sintered metal carbides and cermets
- Prodcom 25736090 - Unmounted sintered metal carbides or cermet plates, sticks, t ips and the like for tools (excluding indexable inserts)
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
-
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
-
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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