Serbia: Blueberry And Cranberry Market 2024

Blueberry And Cranberry Market Size in Serbia

For the sixth consecutive year, the Serbian blueberry and cranberry market recorded decline in sales value, which decreased by -56.3% to $X in 2022. In general, consumption faced a precipitous curtailment. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Blueberry And Cranberry Production in Serbia

In value terms, blueberry and cranberry production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 35% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of blueberries and cranberries in Serbia amounted to less than X kg per ha in 2022, approximately mirroring the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of blueberries and cranberries in Serbia stood at less than X ha, remaining constant against the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Blueberry And Cranberry Exports

Exports from Serbia

In 2022, shipments abroad of blueberries and cranberries increased by 13% to X tons, rising for the seventh year in a row after two years of decline. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 188%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, blueberry and cranberry exports stood at $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 172% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons), Russia (X tons) and Germany (X tons) were the main destinations of blueberry and cranberry exports from Serbia, with a combined 75% share of total exports. Poland, the UK, Belgium and Austria lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +107.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for blueberry and cranberry exported from Serbia worldwide, with a combined 76% share of total exports. Poland, the UK, Belgium and Austria lagged somewhat behind, together accounting for a further 19%.

Belgium, with a CAGR of +117.2%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the average blueberry and cranberry export price amounted to $X per ton, with a decrease of -10.6% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($X per ton) and Russia ($X per ton), while the average price for exports to Poland ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Blueberry And Cranberry Imports

Imports into Serbia

In 2022, the amount of blueberries and cranberries imported into Serbia skyrocketed to X tons, growing by 160% on the previous year's figure. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 1,056% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, blueberry and cranberry imports soared to $X in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 536%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Peru (X tons), Spain (X tons) and Romania (X tons) were the main suppliers of blueberry and cranberry imports to Serbia, together comprising 83% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +990.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Spain ($X) and Romania ($X) were the largest blueberry and cranberry suppliers to Serbia, with a combined 82% share of total imports.

Among the main suppliers, Romania, with a CAGR of +668.0%, recorded the highest growth rate of 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 blueberry and cranberry import price stood at $X per ton in 2022, which is down by -16.9% against the previous year. Over the period under review, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 268%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform