Serbia: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Serbia

The Serbian electric brazing machine market reached $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Electric Brazing Machine Production in Serbia

In value terms, electric brazing machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Electric Brazing Machine Exports

Exports from Serbia

In 2022, exports of electric brazing or soldering machines and apparatus from Serbia skyrocketed to X units, rising by X% on the previous year. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, electric brazing machine exports soared to $X in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Slovenia (X units) was the main destination for electric brazing machine exports from Serbia, with a X% share of total exports. Moreover, electric brazing machine exports to Slovenia exceeded the volume sent to the second major destination, Italy (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovenia amounted to X%.

In value terms, Slovenia ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Slovenia totaled X%.

Export Prices by Country

In 2022, the average electric brazing machine export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price faced a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Italy stood at $X per unit.

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

Electric Brazing Machine Imports

Imports into Serbia

In 2022, the amount of electric brazing or soldering machines and apparatus imported into Serbia shrank markedly to X units, with a decrease of X% against the previous year. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then contracted notably in the following year.

In value terms, electric brazing machine imports dropped markedly to $X in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Hungary (X units) and Italy (X units) were the main suppliers of electric brazing machine imports to Serbia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Serbia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Hungary stood at X.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average electric brazing machine import price amounted to $X per unit, growing by X% against the previous year. In general, the import price showed pronounced growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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