Serbia: Chloroform Market 2024

Chloroform Market Size in Serbia

The Serbian chloroform market fell modestly to $X in 2022, approximately mirroring 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). Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Chloroform Exports

Exports from Serbia

In 2022, overseas shipments of chloroform (trichloromethane) increased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep slump. The exports peaked at X kg in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, chloroform exports skyrocketed to $X in 2022. In general, exports, however, showed a pronounced decrease. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Montenegro (X kg) was the main destination for chloroform exports from Serbia, with a X% share of total exports. Moreover, chloroform exports to Montenegro exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Montenegro totaled X%.

In value terms, Montenegro ($X) remains the key foreign market for chloroform (trichloromethane) exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Montenegro stood at X%.

Export Prices by Country

The average chloroform export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export price indicated a perceptible expansion 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, chloroform export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to Bosnia and Herzegovina amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (X%).

Chloroform Imports

Imports into Serbia

In 2022, imports of chloroform (trichloromethane) into Serbia was estimated at X tons, increasing by X% compared with 2021 figures. In general, imports, however, saw a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, chloroform imports contracted modestly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of chloroform to Serbia, accounting for a X% share of total imports. Moreover, chloroform imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Poland (X kg), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

In value terms, Germany ($X) constituted the largest supplier of chloroform (trichloromethane) to Serbia, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

The average chloroform import price stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform