Serbia: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Serbia

In 2022, the Serbian concentrated apple juice market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Concentrated Apple Juice Production in Serbia

In value terms, concentrated apple juice production rose to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Concentrated apple juice production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Concentrated Apple Juice Exports

Exports from Serbia

In 2022, exports of concentrated apple juice from Serbia expanded sharply to X tons, surging by X% against the year before. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, concentrated apple juice exports rose markedly to $X in 2022. In general, exports saw a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Austria (X tons) was the main destination for concentrated apple juice exports from Serbia, accounting for a X% share of total exports. Moreover, concentrated apple juice exports to Austria exceeded the volume sent to the second major destination, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Austria ($X) remains the key foreign market for concentrated apple juice exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Austria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average concentrated apple juice export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per ton) and Italy ($X per ton), while the average price for exports to Hungary ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Imports

Imports into Serbia

In 2022, imports of concentrated apple juice into Serbia contracted markedly to X tons, reducing by X% on the year before. Over the period under review, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, concentrated apple juice imports contracted markedly to $X in 2022. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, North Macedonia (X tons) constituted the largest supplier of concentrated apple juice to Serbia, accounting for a X% share of total imports. Moreover, concentrated apple juice imports from North Macedonia exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from North Macedonia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Italy (X% per year).

In value terms, North Macedonia ($X) constituted the largest supplier of concentrated apple juice to Serbia, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from North Macedonia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average concentrated apple juice import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a perceptible setback. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :