Serbia: Market for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use 2025

Market Size for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Serbia

After two years of growth, the Serbian market for soap and organic surface-active products in bars other than for toilet use decreased by -25.5% to $X in 2022. In general, consumption, however, continues to indicate a buoyant increase. Consumption of peaked at $X in 2021, and then fell rapidly in the following year.

Exports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Exports from Serbia

In 2022, overseas shipments of soap and organic surface-active products in bars other than for toilet use decreased by -30.1% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, showed tangible growth. The growth pace was the most rapid in 2014 when exports increased by 88%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use rose modestly to $X in 2022. Overall, exports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of 133%. Over the period under review, the exports of attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Montenegro (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of exports of soap and organic surface-active products in bars other than for toilet use from Serbia, with a combined 83% 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 Italy (with a CAGR of +78.8%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Serbia, comprising 59% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 14% share of total exports. It was followed by Montenegro, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +75.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-2.4% per year) and Montenegro (-12.2% per year).

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, with an increase of 47% against the previous year. In general, the export price showed perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 64%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Montenegro ($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 Greece (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Imports into Serbia

In 2022, purchases abroad of soap and organic surface-active products in bars other than for toilet use decreased by -20.1% to X tons, falling for the second consecutive year after five years of growth. In general, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by 79%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use contracted notably to $X in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 84% against the previous year. Imports peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

Turkey (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of imports of soap and organic surface-active products in bars other than for toilet use to Serbia, with a combined 72% share of total imports. Italy, Romania, North Macedonia and Greece lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +90.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars other than for toilet use suppliers to Serbia were Poland ($X), Germany ($X) and Turkey ($X), together comprising 66% of total imports. Italy, Greece, Romania and North Macedonia lagged somewhat behind, together comprising a further 22%.

Greece, with a CAGR of +88.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, falling by -10% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average 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 Greece ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform