Report Update: Apr 13, 2024

Serbia - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Parts Price in Serbia - 2023

Metal Chain Parts Price in Serbia (CIF) - 2022

In 2022, the average metal chain parts import price amounted to $6,190 per ton, rising by 9.9% against the previous year. Overall, the import price showed a moderate increase. The most prominent rate of growth was recorded in 2014 an increase of 103%. As a result, import price reached the peak level of $10,481 per ton. From 2015 to 2022, the average 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 Bosnia and Herzegovina ($17,068 per ton), while the price for Turkey ($2,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Parts Price in Serbia (FOB) - 2022

The average metal chain parts export price stood at $6,315 per ton in 2022, with an increase of 49% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $7,511 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($8,702 per ton), while the average price for exports to Germany ($3,166 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 France (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports in Serbia

In 2022, after three years of growth, there was significant decline in supplies from abroad of parts of chains of iron or steel, when their volume decreased by -8.2% to 60 tons. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 65 tons, and then declined in the following year.

In value terms, metal chain parts imports reached $369K in 2022. Over the period under review, imports faced a deep slump.

Import of Metal Chain Parts in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	163	84.6	126	112	-11.8%
Slovenia	85.7	34.3	54.1	78.0	-3.1%
China	54.4	39.6	110	65.2	6.2%
Italy	32.7	11.6	36.7	59.3	21.9%
Turkey	6.2	1.4	10.7	22.3	53.2%
United States	63.4	6.0	1.5	0.6	-78.8%
Others	102	283	27.1	31.6	-32.3%
Total	507	461	366	369	-10.0%

Top Suppliers of Metal Chain Parts to Serbia in 2022:

Germany (15.4 tons)
China (15.4 tons)
Slovenia (11.9 tons)
Turkey (8.9 tons)
Italy (5.8 tons)

Metal Chain Parts Exports in Serbia

In 2022, approx. 23 tons of parts of chains of iron or steel were exported from Serbia; waning by -56.6% on 2021. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports attained the peak of 52 tons, and then dropped sharply in the following year.

In value terms, metal chain parts exports dropped markedly to $142K in 2022. Overall, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year.

Export of Metal Chain Parts in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	150	117	34.1	44.5	-33.3%
France	9.5	25.2	135	39.5	60.8%
Germany	30.7	21.3	12.8	14.1	-22.8%
Italy	43.9	4.6	4.5	11.2	-36.6%
Russia	N/A	N/A	N/A	10.7	0%
Hungary	2.1	5.1	17.9	7.3	51.5%
Slovenia	0.1	0.3	0.1	6.0	291.5%
North Macedonia	32.5	1.1	4.3	1.5	-64.1%
Others	12.0	5.0	10.7	7.2	-15.7%
Total	281	179	220	142	-20.3%

Top Export Markets for Metal Chain Parts from Serbia in 2022:

France (6.6 tons)
Bosnia and Herzegovina (5.4 tons)
Germany (4.4 tons)
Italy (1.6 tons)
Russia (1.3 tons)
Slovenia (1.2 tons)
Hungary (1.2 tons)
North Macedonia (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain parts 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 25931780 - Parts of chains, n.e.c., of iron or steel

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