Serbia: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2025

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Serbia

The Serbian hypochlorites, chlorites and hypobromites market skyrocketed to $X in 2022, growing by 43% against the previous year. Overall, consumption saw a resilient expansion. Hypochlorites, chlorites and hypobromites consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Serbia

In value terms, hypochlorites, chlorites and hypobromites production declined to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt setback. Hypochlorites, chlorites and hypobromites production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Serbia

In 2022, exports of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites from Serbia surged to X tons, rising by 87% on 2021. In general, exports continue to indicate a remarkable increase. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites exports skyrocketed to $X in 2022. Overall, exports saw a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by 122% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Montenegro (X tons), France (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Serbia, together accounting for 83% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +108.0%), while the other leaders experienced more modest paces of growth.

In value terms, Montenegro ($X) remains the key foreign market for hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites exports from Serbia, comprising 43% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 15% share of total exports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Montenegro totaled +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+1.3% per year) and France (+46.2% per year).

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, rising by 8.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 20%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Luxembourg ($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 Slovenia (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Serbia

Hypochlorites, chlorites and hypobromites imports into Serbia totaled X tons in 2022, growing by 3.8% compared with the previous year's figure. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 42%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites imports surged to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovenia (X tons), Hungary (X tons) and Romania (X tons) were the main suppliers of hypochlorites, chlorites and hypobromites imports to Serbia, together comprising 94% of total imports. Austria and Germany lagged somewhat behind, together accounting for a further 4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +39.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Serbia, comprising 49% of total imports. The second position in the ranking was taken by Hungary ($X), with a 23% share of total imports. It was followed by Romania, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovenia totaled +33.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+3.0% per year) and Romania (+7.2% per year).

Import Prices by Country

The average hypochlorites, chlorites and hypobromites import price stood at $X per ton in 2022, picking up by 45% against the previous year. In general, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform