Serbia: Textile Tubing Market 2025

Textile Tubing Market Size in Serbia

In 2022, after five years of growth, there was significant decline in the Serbian textile tubing market, when its value decreased by -11.4% to $X. Overall, consumption, however, saw a strong expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Textile Tubing Production in Serbia

In value terms, textile tubing production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 55%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Textile Tubing Exports

Exports from Serbia

In 2022, the amount of textile hosepiping and similar textile tubing exported from Serbia expanded significantly to X tons, increasing by 7.3% on 2021. Over the period under review, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 75%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, textile tubing exports reduced to $X in 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 178% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Bosnia and Herzegovina (X tons), Tunisia (X tons) and Turkey (X tons) were the main destinations of textile tubing exports from Serbia, with a combined 76% 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 Tunisia (with a CAGR of +71.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile tubing exported from Serbia were Tunisia ($X), Turkey ($X) and Bosnia and Herzegovina ($X), with a combined 86% share of total exports.

In terms of the main countries of destination, Tunisia, with a CAGR of +63.9%, recorded the highest rates of growth with regard to 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

The average textile tubing export price stood at $X per ton in 2022, shrinking by -19% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Croatia ($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 the Czech Republic (+4.6%), while the prices for the other major destinations experienced a decline.

Textile Tubing Imports

Imports into Serbia

In 2022, after six years of growth, there was significant decline in supplies from abroad of textile hosepiping and similar textile tubing, when their volume decreased by -41.8% to X tons. In general, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2018 when imports increased by 84%. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, textile tubing imports reduced rapidly to $X in 2022. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 171% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Greece (X tons) were the main suppliers of textile tubing imports to Serbia, with a combined 78% share of total imports. Croatia, Norway, Turkey and Spain lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +83.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Norway ($X) were the largest textile tubing suppliers to Serbia, together accounting for 63% of total imports. Croatia, Spain, Greece and Turkey lagged somewhat behind, together accounting for a further 19%.

Spain, with a CAGR of +82.6%, saw 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

The average textile tubing import price stood at $X per ton in 2022, increasing by 20% against the previous year. In general, the import price recorded a noticeable expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 75%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform