Serbia: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Serbia

The Serbian billiard accessoires market skyrocketed to $X in 2022, jumping by 32% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Billiard Accessoires Production in Serbia

In value terms, billiard accessoires production expanded markedly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 56% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Billiard Accessoires Exports

Exports from Serbia

In 2022, shipments abroad of articles and accessories for billiards decreased by -88% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 when exports increased by 644%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, billiard accessoires exports dropped markedly to $X in 2022. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of 625%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Montenegro (X tons) was the main destination for billiard accessoires exports from Serbia, accounting for a 54% share of total exports. Moreover, billiard accessoires exports to Montenegro exceeded the volume sent to the second major destination, Croatia (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume to Montenegro totaled -16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+12.1% per year) and North Macedonia (+30.3% per year).

In value terms, Croatia ($X), Montenegro ($X) and North Macedonia ($X) constituted the largest markets for billiard accessoires exported from Serbia worldwide, together accounting for 79% of total exports.

Among the main countries of destination, North Macedonia, with a CAGR of +37.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average billiard accessoires export price stood at $X per ton in 2022, surging by 195% against the previous year. Over the period under review, the export price saw a noticeable expansion. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Montenegro ($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 Belgium (+252.6%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into Serbia

In 2022, purchases abroad of articles and accessories for billiards increased by 808% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, billiard accessoires imports skyrocketed to $X in 2022. Overall, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Slovenia (X tons) and China (X tons) were the main suppliers of billiard accessoires imports to Serbia, with a combined 86% share of total imports. The Netherlands, Croatia, Turkey and Italy lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +50.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovenia ($X) and China ($X) were the largest billiard accessoires suppliers to Serbia, with a combined 81% share of total imports. The Netherlands, Turkey, Italy and Croatia lagged somewhat behind, together accounting for a further 13%.

Turkey, with a CAGR of +61.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average billiard accessoires import price amounted to $X per ton, which is down by -31.1% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the average import price increased by 41% against the previous year. The import price peaked at $X per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform