Report Update: May 1, 2024

Serbia - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Staple Fibre Price in Serbia - 2023

Artificial Staple Fibre Price in Serbia (FOB) - 2022

The average artificial staple fibre export price stood at $659 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The export price peaked at $1,333 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($989 per ton), while the average price for exports to Turkey stood at $532 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+37.9%).

Artificial Staple Fibre Price in Serbia (CIF) - 2022

In 2022, the average artificial staple fibre import price amounted to $22,778 per ton, rising by 597% against the previous year. Over the period under review, the import price enjoyed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($29,000 per ton), while the price for Bulgaria stood at $22,636 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+28.7%), while the prices for the other major suppliers experienced a decline.

Artificial Staple Fibre Exports in Serbia

For the third consecutive year, Serbia recorded growth in shipments abroad of artificial staple fibres, which increased by 73% to 289 tons in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 238% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, artificial staple fibre exports soared to $190K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 242% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Artificial Staple Fibre in Serbia (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Turkey	N/A	28.0	111	296.4%
Italy	25.5	59.9	78.7	75.7%
Others	0.3	0.3	0.1	-42.3%
Total	25.7	88.1	190	171.9%

Top Export Markets for Artificial Staple Fibre from Serbia in 2022:

Turkey (209.0 tons)
Italy (79.5 tons)

Artificial Staple Fibre Imports in Serbia

In 2022, the amount of artificial staple fibres imported into Serbia surged to 45 kg, increasing by 200% on the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 515%. As a result, imports attained the peak of 80 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, artificial staple fibre imports skyrocketed to $1K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Artificial Staple Fibre in Serbia (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bulgaria	12.0	438	9.0	996	336.2%
Portugal	1.0	8.0	1.0	29.0	207.2%
China	1.0	32.0	1.0	N/A	0.0%
Germany	1.0	7.0	1.0	N/A	0.0%
Slovenia	1.0	8.0	1.0	N/A	0.0%
Turkey	18.0	200	35.0	N/A	39.4%
Others	1.0	8.0	1.0	N/A	0.0%
Total	35.0	701	49.0	1,025	208.2%

Top Suppliers of Artificial Staple Fibre to Serbia in 2022:

Bulgaria (44.0 kg)
Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial staple fibre 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 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

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