Unsaturated Acyclic Hydrocarbons Price in Serbia - 2023

Contents:

  1. Unsaturated Acyclic Hydrocarbons Price in Serbia (CIF) - 2023
  2. Unsaturated Acyclic Hydrocarbons Price in Serbia (FOB) - 2022
  3. Unsaturated Acyclic Hydrocarbons Imports in Serbia
  4. Unsaturated Acyclic Hydrocarbons Exports in Serbia

Unsaturated Acyclic Hydrocarbons Price in Serbia (CIF) - 2023

In November 2023, the average unsaturated acyclic hydrocarbons import price amounted to $2,748 per ton, dropping by -54.9% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 164% month-to-month. As a result, import price attained the peak level of $6,514 per ton. From October 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was North Macedonia ($7,629 per ton), while the price for Qatar ($2,419 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Croatia (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Unsaturated Acyclic Hydrocarbons Price in Serbia (FOB) - 2022

In 2022, the average unsaturated acyclic hydrocarbons export price amounted to $2,969 per ton, with a decrease of -34.9% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 an increase of 14% against the previous year. Over the period under review, the average export prices attained the maximum at $4,581 per ton in 2014; however, from 2015 to 2022, 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 Turkey ($5,501 per ton), while the average price for exports to Montenegro ($2,174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.4%), while the prices for the other major destinations experienced a decline.

Unsaturated Acyclic Hydrocarbons Imports in Serbia

In 2022, approx. 3.2K tons of unsaturated acyclic hydrocarbons were imported into Serbia; with an increase of 104% on the previous year. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unsaturated acyclic hydrocarbons imports surged to $5.4M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Unsaturated Acyclic Hydrocarbons in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,0082139683,19916.8%
Belgium0.11,6320.11,1822177.9%
North Macedonia14514511437637.4%
Croatia13263.993.630932.8%
Slovenia29.393.285.5283113.0%
Qatar7.9N/A1,635N/A1338.6%
Others23.15.916.827.45.9%
Total2,3452,1532,9125,37631.9%

Top Suppliers of Unsaturated Acyclic Hydrocarbons to Serbia in 2022:

  1. United States (2107.9 tons)
  2. Belgium (922.5 tons)
  3. Croatia (70.7 tons)
  4. North Macedonia (65.0 tons)
  5. Slovenia (57.4 tons)

Unsaturated Acyclic Hydrocarbons Exports in Serbia

After two years of decline, shipments abroad of unsaturated acyclic hydrocarbons increased by 112% to 97 tons in 2022. In general, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, unsaturated acyclic hydrocarbons exports skyrocketed to $289K in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Unsaturated Acyclic Hydrocarbons in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia47.654.265.085.421.5%
Montenegro81.140.930.465.2-7.0%
Turkey45.442.645.159.39.3%
France34.019.517.230.3-3.8%
Albania14.313.814.719.410.7%
Bulgaria10.98.712.015.813.2%
Greece6.54.34.06.3-1.0%
NetherlandsN/A23.3N/AN/A0%
Others8.43.321.47.4-4.1%
Total2482112102895.2%

Top Export Markets for Unsaturated Acyclic Hydrocarbons from Serbia in 2022:

  1. Montenegro (30.0 tons)
  2. North Macedonia (29.1 tons)
  3. France (11.4 tons)
  4. Turkey (10.8 tons)
  5. Albania (7.5 tons)
  6. Bulgaria (5.5 tons)
  7. Greece (1.6 tons)

Source: IndexBox Market Intelligence Platform

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