Serbia: Metal Non-Electric Bell Market 2024

Metal Non-Electric Bell Market Size in Serbia

The Serbian metal non-electric bell market fell markedly to $X in 2023, 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). Over the period under review, consumption recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Metal Non-Electric Bell Exports

Exports from Serbia

In 2023, approx. X tons of non-electric bells and gongs of base metal were exported from Serbia; with an increase of X% compared with 2022. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the near future.

In value terms, metal non-electric bell exports fell to $X in 2023. Over the period under review, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The Dominican Republic (X tons) was the main destination for metal non-electric bell exports from Serbia, with a X% share of total exports. Moreover, metal non-electric bell exports to the Dominican Republic exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Austria (X kg), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the Dominican Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Austria (X% per year).

In value terms, Germany ($X) remains the key foreign market for non-electric bells and gongs of base metal exports from Serbia, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with an X% share of total exports. It was followed by Montenegro, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Montenegro (X% per year).

Export Prices by Country

The average metal non-electric bell export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Dominican Republic ($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 Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Non-Electric Bell Imports

Imports into Serbia

In 2023, supplies from abroad of non-electric bells and gongs of base metal decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, metal non-electric bell imports fell dramatically to $X in 2023. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest metal non-electric bell supplier to Serbia, accounting for a X% share of total imports. Moreover, metal non-electric bell imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fourfold. The third position in this ranking was taken by Turkey (X kg), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms 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, Slovenia ($X) constituted the largest supplier of non-electric bells and gongs of base metal to Serbia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

The average metal non-electric bell import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted sharply in the following year.

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

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

Source: IndexBox Platform