Frozen Whole Chicken Price in Serbia - 2023
Contents:
- Frozen Whole Chicken Price in Serbia (FOB) - 2022
- Frozen Whole Chicken Price in Serbia (CIF) - 2022
- Frozen Whole Chicken Exports in Serbia
- Frozen Whole Chicken Imports in Serbia
Frozen Whole Chicken Price in Serbia (FOB) - 2022
In 2022, the average frozen whole chicken export price amounted to $1,235 per ton, picking up by 8% against the previous year. Over the period under review, the export price, however, showed a pronounced setback. The export price peaked at $1,780 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($2,197 per ton), while the average price for exports to Bosnia and Herzegovina ($1,070 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 North Macedonia (-0.1%), while the prices for the other major destinations experienced a decline.
Frozen Whole Chicken Price in Serbia (CIF) - 2022
The average frozen whole chicken import price stood at $2,290 per ton in 2022, picking up by 39% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole chicken import price increased by +66.5% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +0.2% per year.
Frozen Whole Chicken Exports in Serbia
After three years of growth, shipments abroad of frozen whole chickens decreased by -15.6% to 1.6K tons in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, the exports reached the peak of 1.9K tons, and then reduced dramatically in the following year.
In value terms, frozen whole chicken exports declined to $2M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of $2.2M, and then reduced in the following year.
| Export of Frozen Whole Chicken in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 973 | 990 | 1,727 | 1,429 | 13.7% |
| North Macedonia | 402 | 322 | 287 | 311 | -8.2% |
| Montenegro | 161 | 198 | 148 | 230 | 12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,535 | 1,511 | 2,162 | 1,970 | 8.7% |
Top Export Markets for Frozen Whole Chicken from Serbia in 2022:
- Bosnia and Herzegovina (1335.1 tons)
- North Macedonia (141.5 tons)
- Montenegro (118.2 tons)
Frozen Whole Chicken Imports in Serbia
In 2022, frozen whole chicken imports into Serbia dropped dramatically to 107 kg, shrinking by 99.9% against the previous year. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 6.7K tons, and then dropped significantly in the following year.
In value terms, frozen whole chicken imports fell rapidly to $245 in 2022. Overall, imports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $11M, and then fell notably in the following year.
| Import of Frozen Whole Chicken in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 0.4 | N/A | 15.1 | 0.2 | -20.6% |
| Germany | 275 | 167 | 16.7 | N/A | -75.4% |
| Croatia | 1,152 | 1,213 | 1,500 | N/A | 14.1% |
| France | 295 | 262 | 328 | N/A | 5.4% |
| Poland | 2,040 | 2,115 | 2,762 | N/A | 16.4% |
| Turkey | 221 | 334 | 939 | N/A | 106.1% |
| Others | 4,682 | 4,549 | 5,480 | N/A | 8.2% |
| Total | 8,665 | 8,640 | 11,041 | 0.2 | -97.2% |
Top Suppliers of Frozen Whole Chicken to Serbia in 2022:
- Bosnia and Herzegovina (107.0 kg)
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