Serbia - Dates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDate Price in Serbia - 2023
Contents:
- Date Price in Serbia (CIF) - 2023
- Date Price in Serbia (FOB) - 2022
- Date Imports in Serbia
- Date Exports in Serbia
Date Price in Serbia (CIF) - 2023
In November 2023, the average date import price amounted to $1,830 per ton, growing by 33% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in March 2023 an increase of 52% m-o-m. Over the period under review, average import prices hit record highs in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Israel ($6,744 per ton), while the price for Iran ($1,346 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Iran (+2.0%), while the prices for the other major suppliers experienced a decline.
Date Price in Serbia (FOB) - 2022
The average date export price stood at $1,473 per ton in 2022, with an increase of 3% against the previous year. In general, export price indicated a pronounced expansion from 2013 to 2022: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, date export price decreased by -20.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 78%. The export price peaked at $1,927 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($2,748 per ton), while the average price for exports to Bulgaria ($564 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Date Imports in Serbia
For the fourth consecutive year, Serbia recorded growth in purchases abroad of dates, which increased by 7.4% to 1.6K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 45%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, date imports soared to $2.2M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Date in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 952 | 1,299 | 1,459 | 1,793 | 23.5% |
Tunisia | 57.0 | 350 | 140 | 105 | 22.6% |
Netherlands | 12.1 | 0.2 | N/A | 92.7 | 97.1% |
Others | 246 | 147 | 122 | 226 | -2.8% |
Total | 1,267 | 1,797 | 1,721 | 2,217 | 20.5% |
Top Suppliers of Date to Serbia in 2022:
- Iran (1484.2 tons)
- Tunisia (30.5 tons)
- Netherlands (27.0 tons)
Date Exports in Serbia
In 2022, the amount of dates exported from Serbia fell rapidly to 150 tons, which is down by -20.8% on the previous year's figure. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 232% against the previous year. As a result, the exports attained the peak of 189 tons, and then shrank remarkably in the following year.
In value terms, date exports declined significantly to $221K in 2022. Overall, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 157% against the previous year. As a result, the exports attained the peak of $270K, and then reduced notably in the following year.
Export of Date in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 110 | 68.2 | 143 | 158 | 12.8% |
Hungary | 10.1 | 31.1 | 57.7 | 36.6 | 53.6% |
Bulgaria | N/A | 2.5 | 23.3 | 12.9 | 127.2% |
North Macedonia | 25.6 | N/A | 21.7 | 11.2 | -24.1% |
Others | 0.2 | 3.4 | 24.8 | 2.2 | 122.4% |
Total | 146 | 105 | 270 | 221 | 14.8% |
Top Export Markets for Date from Serbia in 2022:
- Montenegro (105.9 tons)
- Bulgaria (22.9 tons)
- Hungary (13.3 tons)
- North Macedonia (6.2 tons)
This report provides an in-depth analysis of the date 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 577 - Dates
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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