Serbia: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Serbia

After two years of growth, the Serbian vapour generating boiler parts market decreased by X% to $X in 2022. Overall, consumption, however, posted a pronounced increase. Over the period under review, the market attained the peak level at $X in 2021, and then contracted sharply in the following year.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Serbia

In value terms, vapour generating boiler parts production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Vapour generating boiler parts production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Serbia

In 2022, vapour generating boiler parts exports from Serbia contracted significantly to X tons, reducing by X% on 2021. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler parts exports contracted sharply to $X in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for vapour generating boiler parts exports from Serbia, accounting for a X% share of total exports. Moreover, vapour generating boiler parts exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), fourfold. Sweden (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Sweden (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for parts of vapour generating boilers and super-heater water boilers exports from Serbia, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2022, the average vapour generating boiler parts export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price showed a noticeable setback. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per ton in 2021, and then reduced rapidly in the following year.

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 France ($X per ton), while the average price for exports to Germany ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Serbia

Vapour generating boiler parts imports into Serbia fell sharply to X tons in 2022, with a decrease of X% compared with the year before. Overall, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, vapour generating boiler parts imports fell dramatically to $X in 2022. Over the period under review, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vapour generating boiler parts to Serbia, accounting for a X% share of total imports. Moreover, vapour generating boiler parts imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Bosnia and Herzegovina (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, the largest vapour generating boiler parts suppliers to Serbia were China ($X), Germany ($X) and Italy ($X), together comprising X% of total imports. Bosnia and Herzegovina, Turkey, the Czech Republic, Slovakia and Poland lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 vapour generating boiler parts import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform