Serbia: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Serbia

The Serbian market for pasta stuffed with meat, fish and cheese contracted slightly to $X in 2022, waning by -3.9% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pasta Stuffed With Meat, Fish and Cheese in Serbia

In value terms, meat, fish or cheese pasta production declined to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. Meat, fish or cheese pasta production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Serbia

In 2022, overseas shipments of pasta stuffed with meat, fish and cheese increased by 39% to X tons, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 465% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, meat, fish or cheese pasta exports soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 476%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Croatia (X tons), North Macedonia (X tons) and Montenegro (X kg) were the main destinations of meat, fish or cheese pasta exports from Serbia, with a combined 100% share 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 Croatia (with a CAGR of +67.7%), while the other leaders experienced more modest paces of growth.

In value terms, Croatia ($X), North Macedonia ($X) and Montenegro ($X) appeared to be the largest markets for meat, fish or cheese pasta exported from Serbia worldwide, with a combined 99% share of total exports.

Croatia, with a CAGR of +81.5%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 pasta stuffed with meat, fish and cheese amounted to $X per ton, with an increase of 27% against the previous year. In general, the export price, however, saw a perceptible slump. The pace of growth was the most pronounced in 2019 an increase of 31%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to Croatia ($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 Bosnia and Herzegovina (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Serbia

In 2022, approx. X tons of pasta stuffed with meat, fish and cheese were imported into Serbia; surging by 3.3% against the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 289%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, meat, fish or cheese pasta imports rose significantly to $X in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 266%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), Hungary (X tons) and Italy (X tons) were the main suppliers of meat, fish or cheese pasta imports to Serbia, with a combined 82% share of total imports. North Macedonia, Germany, Spain and Austria lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +80.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to Serbia, comprising 46% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by Hungary, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +84.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.3% per year) and Hungary (+70.8% per year).

Import Prices by Country

In 2022, the average import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, picking up by 7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2020 an increase of 13% against the previous year. 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 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 Austria ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform