Serbia: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Serbia

The Serbian injection-moulding machine market contracted markedly to $X in 2022, which is down 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). In general, consumption, however, showed a relatively flat trend pattern. Injection-moulding machine consumption peaked at $X in 2021, and then dropped rapidly in the following year.

Injection-Moulding Machine Exports

Exports from Serbia

For the sixth consecutive year, Serbia recorded growth in shipments abroad of injection-moulding machines for working rubber or plastics, which increased by X% to X units in 2022. Over the period under review, exports enjoyed buoyant growth. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, injection-moulding machine exports declined notably to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Montenegro (X units), Bosnia and Herzegovina (X units) and Germany (X units) were the main destinations of injection-moulding machine exports from Serbia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Montenegro (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Germany ($X) and Algeria ($X) appeared to be the largest markets for injection-moulding machine exported from Serbia worldwide, with a combined X% share of total exports. Hungary, Slovakia, Montenegro, Mexico, Denmark, Poland, Croatia, Italy, Albania and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Montenegro, 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

In 2022, the average injection-moulding machine export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Turkey ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports into Serbia

In 2022, the amount of injection-moulding machines for working rubber or plastics imported into Serbia shrank to X units, falling by X% on the previous year. Overall, imports, however, showed a mild increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, injection-moulding machine imports dropped sharply to $X in 2022. Over the period under review, imports, however, showed slight growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

Germany (X units), China (X units) and Austria (X units) were the main suppliers of injection-moulding machine imports to Serbia, together accounting for X% of total imports.

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

In value terms, Austria ($X), China ($X) and Germany ($X) were the largest injection-moulding machine suppliers to Serbia, together comprising X% of total imports. Italy, Switzerland, France and Croatia lagged somewhat behind, together accounting for a further X%.

Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average injection-moulding machine import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then declined remarkably in the following year.

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 Austria ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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