Serbia: Market for Snow-Ploughs And Snow-Blowers 2025

Market Size for Snow-Ploughs And Snow-Blowers in Serbia

In 2022, the Serbian snow ploughs and blowers market decreased by -98.6% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption showed a sharp slump. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Snow-Ploughs And Snow-Blowers in Serbia

In value terms, snow ploughs and blowers production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded buoyant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Serbia

In 2022, the amount of snow-ploughs and snow-blowers exported from Serbia skyrocketed to X units, jumping by 138% compared with 2021 figures. In general, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 162%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, snow ploughs and blowers exports soared to $X in 2022. Over the period under review, exports enjoyed a buoyant increase. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X units), Slovenia (X units) and Germany (X units) were the main destinations of snow ploughs and blowers exports from Serbia, together accounting for 55% of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +51.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for snow ploughs and blowers exported from Serbia were Montenegro ($X), Bosnia and Herzegovina ($X) and Germany ($X), with a combined 72% share of total exports. Turkey, Slovenia, Bulgaria, Lithuania, Croatia and Moldova lagged somewhat behind, together comprising a further 21%.

Bulgaria, with a CAGR of +32.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average snow ploughs and blowers export price stood at $X per unit in 2022, jumping by 38% against the previous year. Overall, the export price, however, saw a drastic downturn. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per unit), while the average price for exports to Moldova ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Serbia

In 2022, overseas purchases of snow-ploughs and snow-blowers were finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 180%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, snow ploughs and blowers imports surged to $X in 2022. Overall, imports showed slight growth. The growth pace was the most rapid in 2019 when imports increased by 586% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Switzerland (X units) constituted the largest snow ploughs and blowers supplier to Serbia, with a 44% share of total imports. Moreover, snow ploughs and blowers imports from Switzerland exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Croatia (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland totaled +25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.6% per year) and Croatia (+19.2% per year).

In value terms, Croatia ($X), Slovenia ($X) and Italy ($X) constituted the largest snow ploughs and blowers suppliers to Serbia, together comprising 57% of total imports. Switzerland, Germany, Hungary, the United States, China, Austria, Sweden and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, Switzerland, with a CAGR of +44.6%, 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

The average snow ploughs and blowers import price stood at $X per unit in 2022, with an increase of 16% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 145%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained 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 Hungary ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform