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Serbia - Soybean Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoybean Oilcake Price in Serbia - 2023
Contents:
- Soybean Oilcake Price in Serbia (CIF) - 2022
- Soybean Oilcake Price in Serbia (FOB) - 2022
- Soybean Oilcake Imports in Serbia
- Soybean Oilcake Exports in Serbia
Soybean Oilcake Price in Serbia (CIF) - 2022
In 2022, the average soybean oilcake import price amounted to $618 per ton, falling by -11.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. As a result, import price reached the peak level of $698 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($753 per ton), while the price for Ukraine ($475 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Soybean Oilcake Price in Serbia (FOB) - 2022
The average soybean oilcake export price stood at $745 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the export price posted a pronounced expansion. The growth pace was the most rapid in 2013 an increase of 47% against the previous year. Over the period under review, the average export prices hit record highs at $927 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,675 per ton), while the average price for exports to Bosnia and Herzegovina ($543 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 (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Soybean Oilcake Imports in Serbia
In 2022, approx. 14K tons of soybean oilcake were imported into Serbia; declining by -33.4% on the previous year. In general, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 320%. As a result, imports attained the peak of 22K tons, and then contracted remarkably in the following year.
In value terms, soybean oilcake imports declined remarkably to $8.9M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 603%. As a result, imports attained the peak of $15M, and then reduced rapidly in the following year.
Import of Soybean Oilcake in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 3.3 | 1.8 | 8.4 | 7.5 | 31.5% |
Ukraine | N/A | 0.3 | 0.6 | 0.6 | 41.4% |
Hungary | N/A | N/A | 1.6 | 0.6 | -62.5% |
Romania | N/A | N/A | 4.2 | N/A | 0% |
Others | 0.1 | 0.1 | 0.4 | 0.2 | 26.0% |
Total | 3.5 | 2.2 | 15.1 | 8.9 | 36.5% |
Top Suppliers of Soybean Oilcake to Serbia in 2022:
- Bosnia and Herzegovina (12.2K tons)
- Ukraine (1.3K tons)
- Hungary (0.8K tons)
Soybean Oilcake Exports in Serbia
In 2022, approx. 40K tons of soybean oilcake were exported from Serbia; picking up by 439% on 2021 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, soybean oilcake exports soared to $29M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Soybean Oilcake in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 1.7 | N/A | N/A | 9.1 | 74.9% |
Hungary | 0.1 | 0.2 | 0.1 | 9.1 | 349.8% |
Germany | N/A | N/A | N/A | 6.4 | 0% |
Croatia | 0.7 | 5.2 | 2.9 | 3.7 | 74.2% |
Montenegro | 0.2 | 0.9 | 0.3 | 0.4 | 26.0% |
Bosnia and Herzegovina | 0.4 | 1.1 | 0.1 | 0.4 | 0.0% |
Others | 0.5 | 1.2 | 1.0 | 0.5 | 0.0% |
Total | 3.5 | 8.7 | 4.3 | 29.5 | 103.5% |
Top Export Markets for Soybean Oilcake from Serbia in 2022:
- Hungary (12.4K tons)
- Austria (11.3K tons)
- Germany (8.1K tons)
- Croatia (5.8K tons)
- Montenegro (0.6K tons)
- Bosnia and Herzegovina (0.6K tons)
This report provides an in-depth analysis of the soybean oilcake 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:
- Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil
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
This report provides an in-depth analysis of the soybean oilcake market in Serbia.
This report provides an in-depth analysis of the global soybean oilcake market.
This report provides an in-depth analysis of the soybean oilcake market in Serbia.
This report provides an in-depth analysis of the global soybean oilcake market.
Driven by increasing global demand, the soybean oilcake market is projected to continue growing at a steady pace over the next seven years. By 2030, market volume is expected to reach 275 million tons, with a market value of $170.2 billion.
Explore the top import markets for soybean oilcake, including Indonesia, Vietnam, and the Philippines. Gain insights into key statistics and market trends using IndexBox market intelligence platform.
Driven by increasing global demand, the soybean oilcake market is projected to continue growing at a steady pace over the next seven years. By 2030, market volume is expected to reach 275 million tons, with a market value of $170.2 billion.
Explore the top import markets for soybean oilcake, including Indonesia, Vietnam, and the Philippines. Gain insights into key statistics and market trends using IndexBox market intelligence platform.