Serbia: Market for Nets of Twine, Cordage, Rope or Textile Materials 2025

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Serbia

The Serbian market for nets of twine, cordage, rope or textile materials plummeted to $X in 2022, which is down by -25.7% against the previous year. In general, consumption recorded a mild downturn. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Serbia

In value terms, twine, cordage or textile net production surged to $X in 2022 estimated in export price. In general, production continues to indicate a mild downturn. Twine, cordage or textile net production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Serbia

Twine, cordage or textile net exports from Serbia skyrocketed to X tons in 2022, increasing by 38% against the year before. Overall, exports showed significant growth. The growth pace was the most rapid in 2016 when exports increased by 367% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, twine, cordage or textile net exports soared to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 418%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons), Italy (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of twine, cordage or textile net exports from Serbia, together accounting for 85% 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 Italy (with a CAGR of +135.0%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Italy ($X) and Bosnia and Herzegovina ($X) were the largest markets for twine, cordage or textile net exported from Serbia worldwide, with a combined 78% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +136.8%, saw the highest growth rate of the value of exports, 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 export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, increasing by 4% against the previous year. Overall, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 46%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Serbia

In 2022, the amount of nets of twine, cordage, rope or textile materials imported into Serbia reached X tons, surging by 5.8% against the previous year's figure. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 66%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, twine, cordage or textile net imports expanded modestly to $X in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 62% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), China (X tons) and Greece (X tons) were the main suppliers of twine, cordage or textile net imports to Serbia, together accounting for 73% of total imports. Turkey, Tunisia, Germany and Thailand lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of +191.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net suppliers to Serbia were Italy ($X), Tunisia ($X) and China ($X), with a combined 70% share of total imports.

Among the main suppliers, Tunisia, with a CAGR of +252.3%, saw the highest rates of growth with regard to 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

In 2022, the average import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, declining by -2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2021, and then declined slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform