Serbia - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in Serbia - 2024
Contents:
- Shelled Walnut Price in Serbia (CIF) - 2022
- Shelled Walnut Price in Serbia (FOB) - 2022
- Shelled Walnut Imports in Serbia
- Shelled Walnut Exports in Serbia
Shelled Walnut Price in Serbia (CIF) - 2022
In 2022, the average shelled walnut import price amounted to $5,813 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46%. As a result, import price reached the peak level of $7,237 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,564 per ton), while the price for Kyrgyzstan ($2,754 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Shelled Walnut Price in Serbia (FOB) - 2022
In 2022, the average shelled walnut export price amounted to $4,574 per ton, approximately reflecting the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shelled walnut export price decreased by -23.1% against 2017 indices. The growth pace was the most rapid in 2014 when the average export price increased by 64%. The export price peaked at $5,946 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($5,829 per ton), while the average price for exports to Romania ($4,009 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 Montenegro (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Imports in Serbia
In 2022, shelled walnut imports into Serbia skyrocketed to 260 tons, increasing by 99.9% compared with 2021 figures. Overall, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, shelled walnut imports surged to $1.5M in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Shelled Walnut in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.1 | 132 | 135 | 350 | 95.1% |
| Ukraine | 309 | 92.5 | 178 | 307 | -0.2% |
| China | N/A | 0.3 | 6.9 | 296 | 3041.1% |
| Bulgaria | 128 | 0.3 | 124 | 240 | 23.3% |
| Germany | 4.0 | N/A | 61.3 | 138 | 225.5% |
| Moldova | 576 | 162 | 173 | 94.4 | -45.3% |
| Kyrgyzstan | N/A | N/A | N/A | 63.7 | 0% |
| Others | 48.4 | 95.0 | 72.6 | 25.4 | -19.3% |
| Total | 1,113 | 482 | 751 | 1,514 | 10.8% |
Top Suppliers of Shelled Walnut to Serbia in 2022:
- Ukraine (64.0 tons)
- China (50.7 tons)
- Bulgaria (47.1 tons)
- United States (36.5 tons)
- Kyrgyzstan (23.1 tons)
- Moldova (20.3 tons)
- Germany (14.5 tons)
Shelled Walnut Exports in Serbia
In 2022, overseas shipments of shelled walnuts increased by 3.9% to 56 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a noticeable contraction.
In value terms, shelled walnut exports reached $255K in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent.
| Export of Shelled Walnut in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 96.6 | 88.5 | 183 | 162 | 18.8% |
| Romania | N/A | 43.3 | N/A | 80.2 | 36.1% |
| North Macedonia | 51.8 | 10.0 | 23.7 | 7.0 | -48.7% |
| Bosnia and Herzegovina | 65.3 | 108 | 37.9 | N/A | -23.8% |
| Croatia | 59.7 | 8.3 | N/A | N/A | -86.1% |
| Italy | 30.9 | 33.8 | 2.4 | N/A | -72.1% |
| Others | 9.0 | 3.9 | 2.1 | 6.0 | -12.6% |
| Total | 313 | 296 | 249 | 255 | -6.6% |
Top Export Markets for Shelled Walnut from Serbia in 2022:
- Montenegro (33.8 tons)
- Romania (20.0 tons)
- North Macedonia (1.2 tons)
This report provides an in-depth analysis of the shelled walnut market 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:
- FCL 222 - Walnuts
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
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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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