Price for Baby Carriages and Parts Thereof in Serbia - 2023

Contents:

1. Price for Baby Carriages and Parts Thereof in Serbia (CIF) - 2023
2. Price for Baby Carriages and Parts Thereof in Serbia (FOB) - 2022
3. Imports of Baby Carriages and Parts Thereof in Serbia
4. Exports of Baby Carriages and Parts Thereof in Serbia

Price for Baby Carriages and Parts Thereof in Serbia (CIF) - 2023

In September 2023, the average import price for baby carriages and parts thereoves amounted to $11.3 per unit, increasing by 29% against the previous month. Over the period under review, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in December 2022 an increase of 50% m-o-m. As a result, import price reached the peak level of $17.5 per unit. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($102 per unit), while the price for China totaled $68.7 per unit.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.3%).

Price for Baby Carriages and Parts Thereof in Serbia (FOB) - 2022

The average export price for baby carriages and parts thereoves stood at $14 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby carriages and parts thereof export price increased by +65.2% against 2012 indices. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. The export price peaked at $14 per unit in 2021, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($18 per unit), while the average price for exports to North Macedonia ($9.9 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 Montenegro (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Baby Carriages and Parts Thereof in Serbia

Baby carriages and parts thereof imports into Serbia surged to 501K units in 2022, jumping by 33% on 2021 figures. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, baby carriages and parts thereof imports surged to $6.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Baby Carriages and Parts Thereof to Serbia in 2022:

1. China (406.9K units)
2. Poland (54.9K units)
3. Italy (31.4K units)

Exports of Baby Carriages and Parts Thereof in Serbia

In 2022, approx. 54K units of baby carriages and parts thereoves were exported from Serbia; which is down by -19.6% against 2021. In general, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of 68K units, and then contracted rapidly in the following year.

In value terms, baby carriages and parts thereof exports shrank notably to $768K in 2022. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports reached the peak of $961K, and then dropped remarkably in the following year.

Top Export Markets for Baby Carriages and Parts Thereof from Serbia in 2022:

1. Bosnia and Herzegovina (26.4K units)
2. Montenegro (11.0K units)
3. North Macedonia (10.3K units)
4. Albania (3.5K units)
5. Croatia (2.4K units)

Source: IndexBox Market Intelligence Platform