Serbia: Fiberboard Market 2024

Fiberboard Market Size in Serbia

The Serbian fiberboard market expanded significantly to $X in 2022, picking up 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, however, posted a resilient increase. Fiberboard consumption peaked in 2022 and is likely to see steady growth in years to come.

Fiberboard Exports

Exports from Serbia

In 2022, the amount of fiber board of wood or other ligneous materials exported from Serbia dropped notably to X cubic meters, with a decrease of X% against the previous year. In general, exports showed a slight contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, fiberboard exports declined to $X in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Montenegro (X cubic meters), Romania (X cubic meters) and Bosnia and Herzegovina (X cubic meters) were the main destinations of fiberboard exports from Serbia, together comprising X% of total exports. Italy, Germany, Bulgaria, Belgium, Croatia and North Macedonia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for fiberboard exported from Serbia were Montenegro ($X), Bosnia and Herzegovina ($X) and Romania ($X), together accounting for X% of total exports. Bulgaria, Croatia, Italy, Germany, Belgium and North Macedonia lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fiberboard export price stood at $X per cubic meter in 2022, surging by X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fiberboard export price increased by X% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per cubic meter), while the average price for exports to Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into Serbia

In 2022, after eight years of growth, there was significant decline in supplies from abroad of fiber board of wood or other ligneous materials, when their volume decreased by X% to X cubic meters. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2021, and then fell in the following year.

In value terms, fiberboard imports rose significantly to $X in 2022. Overall, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Romania (X cubic meters), Turkey (X cubic meters) and Germany (X cubic meters) were the main suppliers of fiberboard imports to Serbia, together comprising X% of total imports. Hungary, Russia, Bulgaria, Slovenia, Poland, Austria and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, Romania ($X), Turkey ($X) and Germany ($X) were the largest fiberboard suppliers to Serbia, together comprising X% of total imports. Hungary, Russia, Bulgaria, Poland, Slovenia, Austria and Greece lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fiberboard import price stood at $X per cubic meter in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per cubic meter), while the price for Romania ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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