Serbia - Natural Stone Setts, Kerbstones and Flagstones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSerbia: Natural Stone Sett Market 2024
Natural Stone Sett Market Size in Serbia
The Serbian natural stone sett market dropped dramatically to $X in 2022, waning by X% against the previous year. Overall, consumption showed a abrupt slump. Natural stone sett consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Natural Stone Sett Production in Serbia
In value terms, natural stone sett production declined markedly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Natural stone sett production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Natural Stone Sett Exports
Exports from Serbia
In 2022, overseas shipments of natural stone setts, kerbstones and flagstones increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed temperate growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, natural stone sett exports stood at $X in 2022. Over the period under review, exports posted temperate growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Montenegro (X tons) was the main destination for natural stone sett exports from Serbia, with a X% share of total exports. Moreover, natural stone sett exports to Montenegro exceeded the volume sent to the second major destination, Croatia (X tons), fivefold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Montenegro totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Bosnia and Herzegovina (X% per year).
In value terms, Montenegro ($X) emerged as the key foreign market for natural stone setts, kerbstones and flagstones exports from Serbia, comprising X% of total exports. The second position in the ranking was taken by Croatia ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Montenegro amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Switzerland (X% per year).
Export Prices by Country
The average natural stone sett export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X 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 Croatia (X%), while the prices for the other major destinations experienced mixed trend patterns.
Natural Stone Sett Imports
Imports into Serbia
In 2022, imports of natural stone setts, kerbstones and flagstones into Serbia declined to X tons, which is down by X% against the previous year's figure. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, natural stone sett imports expanded modestly to $X in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Bosnia and Herzegovina (X tons) constituted the largest natural stone sett supplier to Serbia, accounting for a X% share of total imports. Moreover, natural stone sett imports from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, North Macedonia (X tons), fourfold.
From 2012 to 2022, the average annual growth rate of volume from Bosnia and Herzegovina stood at X%.
In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Serbia, comprising X% of total imports. The second position in the ranking was taken by North Macedonia ($X), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Bosnia and Herzegovina stood at X%.
Import Prices by Country
In 2022, the average natural stone sett import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated notable growth 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. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for North Macedonia stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the natural stone sett market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23701210 - Natural stone setts, kerbstones and flagstones (excluding of slate)
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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