Serbia: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Serbia

The Serbian vapour generating boiler parts market shrank modestly to $X in 2023, waning by X% against the previous year. Overall, consumption continues to indicate a perceptible reduction. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Serbia

In value terms, vapour generating boiler parts production contracted dramatically to $X in 2023 estimated in export price. Over the period under review, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Serbia

In 2023, the amount of parts of vapour generating boilers and super-heater water boilers exported from Serbia contracted remarkably to X tons, reducing by X% compared with the year before. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, vapour generating boiler parts exports shrank to $X in 2023. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for vapour generating boiler parts exports from Serbia, with a X% share of total exports. Moreover, vapour generating boiler parts exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Hungary (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Hungary (X% per year).

In value terms, Italy ($X), Hungary ($X) and North Macedonia ($X) were the largest markets for vapour generating boiler parts exported from Serbia worldwide, with a combined X% share of total exports. Germany, the Netherlands, Spain, Bosnia and Herzegovina and Montenegro lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, saw 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 vapour generating boiler parts export price stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Serbia

In 2023, vapour generating boiler parts imports into Serbia soared to X tons, picking up by X% compared with the previous year. Overall, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, vapour generating boiler parts imports soared to $X in 2023. Over the period under review, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Croatia (X tons) constituted the largest vapour generating boiler parts supplier to Serbia, with a X% share of total imports. Moreover, vapour generating boiler parts imports from Croatia exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Croatia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Austria (X% per year).

In value terms, Croatia ($X) constituted the largest supplier of parts of vapour generating boilers and super-heater water boilers to Serbia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Croatia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Austria (X% per year).

Import Prices by Country

In 2023, the average vapour generating boiler parts import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform