Report Update: May 1, 2024

Serbia - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights

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Twine and Cordage Price in Serbia - 2023

Twine and Cordage Price in Serbia (FOB) - 2022

The average twine and cordage export price stood at $2,306 per ton in 2022, growing by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 when the average export price increased by 34%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bosnia and Herzegovina ($2,685 per ton) and Russia ($2,458 per ton), while the average price for exports to Hungary ($1,839 per ton) and Albania ($1,987 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 the Netherlands (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Twine and Cordage Price in Serbia (CIF) - 2023

The average twine and cordage import price stood at $5,215 per ton in October 2023, declining by -4.6% against the previous month. Over the period under review, the import price showed a perceptible decrease. The growth pace was the most rapid in December 2022 an increase of 67% m-o-m. As a result, import price attained the peak level of $13,013 per ton. From January 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Czech Republic ($34,197 per ton), while the price for Albania ($2,698 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Twine and Cordage Exports in Serbia

In 2022, shipments abroad of twine, cordage, rope and cables was finally on the rise to reach 5K tons after two years of decline. Over the period under review, exports, however, recorded a abrupt decrease.

In value terms, twine and cordage exports rose remarkably to $12M in 2022. Overall, exports, however, saw a mild reduction.

Export of Twine and Cordage in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3,056	3,178	4,185	3,711	6.7%
Romania	1,047	957	649	1,304	7.6%
Italy	1,851	1,482	871	1,244	-12.4%
Greece	966	930	1,138	1,136	5.6%
Bosnia and Herzegovina	788	710	712	913	5.0%
Russia	337	485	368	658	25.0%
Netherlands	651	395	737	447	-11.8%
Bulgaria	388	331	541	374	-1.2%
Hungary	642	499	263	286	-23.6%
Albania	391	283	94.9	279	-10.6%
North Macedonia	459	421	339	264	-16.8%
Montenegro	171	225	212	256	14.4%
Slovenia	174	147	96.2	178	0.8%
Others	1,222	905	552	516	-25.0%
Total	12,143	10,947	10,758	11,568	-1.6%

Top Export Markets for Twine and Cordage from Serbia in 2022:

Germany (1576.2 tons)
Romania (607.9 tons)
Italy (550.1 tons)
Greece (500.9 tons)
Bosnia and Herzegovina (340.2 tons)
Russia (267.8 tons)
Netherlands (187.8 tons)
Bulgaria (162.9 tons)
Hungary (155.7 tons)
Albania (140.5 tons)
North Macedonia (115.1 tons)
Montenegro (109.9 tons)
Slovenia (83.5 tons)

Twine and Cordage Imports in Serbia

In 2022, purchases abroad of twine, cordage, rope and cables decreased by -10.1% to 832 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. As a result, imports attained the peak of 972 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, twine and cordage imports reduced to $3M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of $3.2M, and then declined in the following year.

Import of Twine and Cordage in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
North Macedonia	560	658	681	519	-2.5%
China	296	501	456	483	17.7%
Czech Republic	143	175	193	336	32.9%
Slovenia	21.0	80.1	40.0	314	146.4%
Germany	255	346	391	242	-1.7%
Italy	224	94.3	127	156	-11.4%
Hungary	22.7	200	246	151	88.1%
Turkey	175	119	123	116	-12.8%
Poland	104	51.4	205	99.1	-1.6%
Russia	81.5	8.3	0.4	96.8	5.9%
Albania	61.4	69.0	63.7	69.5	4.2%
Others	482	471	665	463	-1.3%
Total	2,424	2,773	3,192	3,046	7.9%

Top Suppliers of Twine and Cordage to Serbia in 2022:

North Macedonia (225.7 tons)
Czech Republic (121.8 tons)
Slovenia (111.0 tons)
China (109.2 tons)
Hungary (49.9 tons)
Germany (43.1 tons)
Turkey (36.2 tons)
Albania (31.1 tons)
Italy (23.9 tons)
Russia (19.8 tons)
Poland (9.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the twine and cordage 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 13941133 -
Prodcom 13941135 -
Prodcom 13941153 - Sisal binder or baler (agricultural) twines
Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023