Serbia: Food Mixer Market 2024

Food Mixer Market Size in Serbia

The Serbian food mixer market reached $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Food Mixer Exports

Exports from Serbia

In 2022, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were exported from Serbia; growing by X% compared with the previous year's figure. In general, exports recorded a resilient increase. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, food mixer exports surged to $X in 2022. Overall, exports, however, saw a mild decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X units), Lithuania (X units) and Montenegro (X units) were the main destinations of food mixer exports from Serbia, with a combined X% share of total exports. Slovenia, Romania, North Macedonia, Belarus, Croatia, Hungary, Greece, Poland and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Bosnia and Herzegovina ($X) and North Macedonia ($X) were the largest markets for food mixer exported from Serbia worldwide, with a combined X% share of total exports. Romania, Montenegro, Belarus, Russia, Croatia, Hungary, Slovenia, Greece and Poland lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average food mixer export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.

Food Mixer Imports

Imports into Serbia

For the fifth year in a row, Serbia recorded growth in supplies from abroad of domestic food grinders and mixers and fruit or vegetable juice extractors, which increased by X% to X units in 2022. In general, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, food mixer imports expanded markedly to $X in 2022. Over the period under review, imports recorded a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of food mixer to Serbia, accounting for a X% share of total imports. Moreover, food mixer imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic food grinders and mixers and fruit or vegetable juice extractors to Serbia, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average food mixer import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average 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 Slovenia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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