Serbia - Wine Of Fresh Grapes (Except Sparkling Wine) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wine of Fresh Grapes in Serbia - 2023
Contents:
- Price for Wine of Fresh Grapes in Serbia (CIF) - 2022
- Price for Wine of Fresh Grapes in Serbia (FOB) - 2023
- Imports of Wine of Fresh Grapes in Serbia
- Exports of Wine of Fresh Grapes in Serbia
Price for Wine of Fresh Grapes in Serbia (CIF) - 2022
The average wine of fresh grapes import price stood at $1.5 per litre in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. As a result, import price attained the peak level of $1.5 per litre, leveling off in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7.4 per litre), while the price for Hungary ($0.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine of Fresh Grapes in Serbia (FOB) - 2023
The average wine of fresh grapes export price stood at $2.3 per litre in October 2023, growing by 4.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 20% against the previous month. The export price peaked at $2.6 per litre in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($12.9 per litre), while the average price for exports to Estonia ($1.2 per litre) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wine of Fresh Grapes in Serbia
After three years of growth, overseas purchases of wine of fresh grapes (except sparkling wine) decreased by -4.6% to 22M litres in 2022. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 4.5% against the previous year. Over the period under review, imports reached the maximum at 23M litres in 2021, and then shrank modestly in the following year.
In value terms, wine of fresh grapes imports dropped to $34M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $36M, and then shrank in the following year.
| Import of Wine of Fresh Grapes in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 12.7 | 12.8 | 14.4 | 12.6 | -0.3% |
| Montenegro | 7.1 | 5.1 | 6.9 | 7.1 | 0.0% |
| Italy | 2.5 | 2.9 | 3.9 | 4.2 | 18.9% |
| France | 1.9 | 2.1 | 4.8 | 3.5 | 22.6% |
| Hungary | 0.5 | 0.5 | 0.7 | 1.3 | 37.5% |
| Spain | 0.7 | 1.1 | 1.1 | 1.2 | 19.7% |
| Moldova | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
| Others | 2.7 | 2.8 | 3.4 | 3.4 | 8.0% |
| Total | 28.6 | 27.7 | 35.7 | 33.9 | 5.8% |
Top Suppliers of Wine of Fresh Grapes to Serbia in 2022:
- North Macedonia (14.1M litres)
- Montenegro (3.2M litres)
- Hungary (1.5M litres)
- Italy (1.0M litres)
- Spain (0.6M litres)
- France (0.5M litres)
- Moldova (0.4M litres)
Exports of Wine of Fresh Grapes in Serbia
In 2022, shipments abroad of wine of fresh grapes (except sparkling wine) was finally on the rise to reach 11M litres after two years of decline. Over the period under review, exports, however, saw a pronounced contraction. The exports peaked at 13M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wine of fresh grapes exports totaled $21M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Wine of Fresh Grapes in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.3 | 7.1 | 6.5 | 7.6 | 1.4% |
| Bosnia and Herzegovina | 5.0 | 3.2 | 4.6 | 4.6 | -2.7% |
| Montenegro | 2.2 | 1.6 | 2.1 | 2.6 | 5.7% |
| China | 1.2 | 1.2 | 1.2 | 1.6 | 10.1% |
| Croatia | 1.0 | 0.7 | 0.8 | 0.9 | -3.5% |
| Others | 2.5 | 2.4 | 3.4 | 3.8 | 15.0% |
| Total | 19.1 | 16.1 | 18.6 | 21.1 | 3.4% |
Top Export Markets for Wine of Fresh Grapes from Serbia in 2022:
- Russia (6.1M litres)
- Bosnia and Herzegovina (2.5M litres)
- Montenegro (1.1M litres)
- Croatia (0.5M litres)
- China (0.4M litres)
This report provides an in-depth analysis of the market for wine of fresh grapes 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 11021211 - White wine with a protected designation of origin (PDO)
- Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
- Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
- Prodcom 11021220 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, of an alcoholic strength . .15 % (excluding sparkling wine and wine (PDO))
- Prodcom 11021231 - Port, Madeira, Sherry and other > .15 % alcohol
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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