Price for Poly(Lactic Acid); in Primary Forms in Serbia - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Serbia (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Serbia (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Serbia
  4. Exports of Poly(Lactic Acid); in Primary Forms in Serbia

Price for Poly(Lactic Acid); in Primary Forms in Serbia (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $1,616 per ton, dropping by -71% against the previous year. Over the period under review, the import price saw a abrupt contraction. The growth pace was the most rapid in 2019 when the average import price increased by 167% against the previous year. The import price peaked at $8,966 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for Greece amounted to +62.7% per year.

Price for Poly(Lactic Acid); in Primary Forms in Serbia (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $4,896 per ton in 2022, surging by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure at $18,531 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to -3.6% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Serbia

In 2022, the amount of poly(lactic acid); in primary formses imported into Serbia skyrocketed to 31 tons, increasing by 6,069% on the previous year. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms imports surged to $50K in 2022. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Poly(Lactic Acid); in Primary Forms in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.9N/A0.449.5196.4%
Denmark17.80.91.4N/A-72.0%
United States12.40.60.9N/A-73.1%
Others9.70.10.10.5-62.8%
Total41.91.62.849.96.0%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Serbia in 2022:

  1. Netherlands (30.7 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Serbia

In 2022, exports of poly(lactic acid); in primary formses from Serbia contracted to 3.8 tons, which is down by -10.7% against the previous year's figure. In general, exports showed a sharp decrease. The smallest decline of -9.7% was in 2021.

In value terms, poly(lactic acid); in primary forms exports rose slightly to $19K in 2022. Overall, exports saw a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 4.5%.

Export of Poly(Lactic Acid); in Primary Forms in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania19.917.318.018.8-1.9%
Italy9.6N/AN/AN/A0%
Others9.6N/AN/AN/A0%
Total39.117.318.018.8-21.7%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Serbia in 2022:

  1. Romania (3.8 tons)

Source: IndexBox Market Intelligence Platform

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