Report Update Nov 1, 2024

Serbia - Chlorosulphuric Acid - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in Serbia

In 2022, the Serbian chlorosulphuric acid market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption saw a perceptible expansion. Chlorosulphuric acid consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Chlorosulphuric Acid Production in Serbia

In value terms, chlorosulphuric acid production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2016 with an increase of 65% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Chlorosulphuric Acid Exports

Exports from Serbia

In 2022, after five years of growth, there was significant decline in shipments abroad of chlorosulphuric acid, when their volume decreased by -39% to X kg. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 365% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chlorosulphuric acid exports declined sharply to $X in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 214%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Montenegro (X kg) was the main destination for chlorosulphuric acid exports from Serbia, accounting for a 99% share of total exports. It was followed by Bosnia and Herzegovina (X kg), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Montenegro amounted to +44.7%.

In value terms, Montenegro ($X) remains the key foreign market for chlorosulphuric acid exports from Serbia, comprising 97% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 3.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Montenegro totaled +15.2%.

Export Prices by Country

In 2022, the average chlorosulphuric acid export price amounted to $X per ton, growing by 8% against the previous year. In general, the export price posted a buoyant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 56%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Montenegro amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+29.4%).

Chlorosulphuric Acid Imports

Imports into Serbia

In 2022, supplies from abroad of chlorosulphuric acid increased by 121% to X kg, rising for the second consecutive year after three years of decline. Overall, imports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 478% against the previous year. As a result, imports reached the peak of X kg. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, chlorosulphuric acid imports contracted sharply to $X in 2022. Over the period under review, imports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2017 with an increase of 292% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X kg) was the main chlorosulphuric acid supplier to Serbia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +10.9%.

In value terms, Belgium ($X) constituted the largest supplier of chlorosulphuric acid to Serbia.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium was relatively modest.

Import Prices by Country

In 2022, the average chlorosulphuric acid import price amounted to $X per ton, dropping by -90.1% against the previous year. Overall, the import price saw a sharp contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 89% against the previous year. The import price peaked at $X per ton in 2021, and then reduced sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +4.0% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the chlorosulphuric acid 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 20132415 - Chlorosulphuric acid

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023