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Serbia - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Serbia - 2023
Contents:
- Toluene Price in Serbia (FOB) - 2022
- Toluene Price in Serbia (CIF) - 2022
- Toluene Exports in Serbia
- Toluene Imports in Serbia
Toluene Price in Serbia (FOB) - 2022
In 2022, the average toluene export price amounted to $1,223 per ton, picking up by 46% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 61%. The export price peaked at $5,552 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($1,491 per ton) and Bulgaria ($1,405 per ton), while the average price for exports to Hungary ($1,057 per ton) and Romania ($1,247 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Toluene Price in Serbia (CIF) - 2022
In 2022, the average toluene import price amounted to $1,285 per ton, surging by 45% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the peak figure at $1,371 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($4,520 per ton), while the price for Russia ($1,184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Toluene Exports in Serbia
In 2022, overseas shipments of toluene decreased by -40.2% to 4.6K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 4.6%. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, toluene exports dropped to $5.6M in 2022. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 0.5% against the previous year.
Export of Toluene in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 2.0 | 1.9 | 3.9 | 2.2 | 3.2% |
Hungary | 5.7 | 3.5 | 0.9 | 1.8 | -31.9% |
Poland | 0.2 | 0.5 | 0.4 | 1.0 | 71.0% |
Bulgaria | N/A | 0.4 | 1.0 | 0.5 | 11.8% |
Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
Total | 8.0 | 6.4 | 6.4 | 5.6 | -11.2% |
Top Export Markets for Toluene from Serbia in 2022:
- Romania (1751.9 tons)
- Hungary (1729.2 tons)
- Poland (668.6 tons)
- Bulgaria (390.4 tons)
Toluene Imports in Serbia
In 2022, overseas purchases of toluene decreased by -44.1% to 548 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, toluene imports shrank dramatically to $704K in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 40%. As a result, imports attained the peak of $872K, and then dropped rapidly in the following year.
Import of Toluene in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 622 | 567 | 706 | 656 | 1.8% |
Russia | N/A | N/A | N/A | 27.3 | 0% |
Hungary | N/A | N/A | 154 | N/A | 0% |
Others | 27.5 | 55.1 | 12.1 | 21.3 | -8.2% |
Total | 649 | 622 | 872 | 704 | 2.7% |
Top Suppliers of Toluene to Serbia in 2022:
- Slovakia (522.8 tons)
- Russia (23.1 tons)
This report provides an in-depth analysis of the toluene 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 20141225 - Toluene
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
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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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