Prepared sweetcorn market in Serbia

Earlier Report Observations

The prepared sweetcorn market in Serbia opened at 5 961 metric tons in 2018, a year in which the country actively exported sweetcorn preparations to neighboring markets. Volume then jumped to 8 784 metric tons in 2019 and reached 9 388 metric tons in 2020. The following year saw a drop to 8 601 metric tons, coinciding with heightened competitive pressures in the regional vegetable preparations trade.

After a minor decline to 8 430 metric tons in 2022, the market recovered to 9 076 metric tons in 2023. This rebound aligned with Serbia's strengthening trade framework, including a newly signed Free Trade Agreement with China and maintained agreements with the Eurasian Economic Union, Turkey, EFTA, CEFTA, and the Open Balkan Initiative, all facilitating agricultural product flows.

In 2024, Serbia's policy landscape evolved with the lifting of export prohibitions on corn and its replacement with monthly quotas, while drought conditions affected corn crop quality and size. Concurrently, the European Union's anti-dumping proceedings and duties on sweetcorn imports from Thailand and China introduced additional trade dynamics that resonated in the Serbian market.

Production prepared sweetcorn in Serbia

In kind, 2017-2020, t

From 2017 to 2020, Serbia consistently ranked seventh globally in the production of prepared sweetcorn.

Top producers of prepared sweetcorn, 2017-2020

World map of production of prepared sweetcorn, 2017-2020

Prepared sweetcorn production in Serbia grew for the third consecutive year. In 2020, Serbia produced 9 511 tonnes of prepared sweetcorn, showing only minor year-over-year fluctuations compared to the previous year. Over the 2017-2020 period, production increased by 37.1%, with an average annual growth rate of 11.1%.

Annual dynamics of production in Serbia in kind, 2017-2020, t

Exports prepared sweetcorn from Serbia

Exports in kind, t

Prepared sweetcorn exports from Serbia declined for the third consecutive year. In 2020, exports amounted to 854 tonnes, representing a sharp drop of 31.3% compared to the previous year. Between 2017 and 2020, exports decreased by 66.8%, with an average annual decline of 30.8%.

Annual dynamics of product's exports from Serbia in kind, 2017-2020, t

From 2017 to 2020, Belarus and Russia were the primary buyers of prepared sweetcorn from Serbia, together accounting for 85.4% of total exports in volume, while other destinations each held relatively small shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Serbia in kind, 2017-2020

Exports in value, K $ US

After a two-year decline, Serbia's prepared sweetcorn exports increased in value. In 2020, Serbia exported 990 thousand US dollars worth of prepared sweetcorn, marking a robust increase of 17.9% compared to the previous year. Between 2017 and 2020, exports decreased by 44.6%, equivalent to an average annual decline of 17.9%. The lowest value was recorded in 2019 at 840 thousand US dollars, with the largest decline of 43.7% also occurring in that year.

Annual dynamics of product's exports from Serbia in value, 2017-2020, K $ US

From 2017 to 2020, Belarus and Russia together accounted for 84.2% of total exports in value terms, with other countries forming a diverse but less significant portion.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Serbia in value, 2017-2020

Imports prepared sweetcorn to Serbia

Imports in kind, t

Prepared sweetcorn imports into Serbia grew for the third consecutive year. In 2020, import volume reached 732 tonnes, which is 38.6% higher than in 2019. Over the 2017-2020 period, imports increased by 428.2%, with an average annual growth rate of 74.2%.

Annual dynamics of product's imports to Serbia in kind, 2017-2020, t

Throughout 2017 to 2020, the import structure in volume was dominated by Hungary, which held an 83.8% share of total flows, while other markets contributed to a less significant portion.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Serbia in kind, 2017-2020

Imports in value, K $ US

Prepared sweetcorn imports into Serbia increased for the third consecutive year. In 2020, Serbia imported 1 078 thousand US dollars worth of prepared sweetcorn, showing a dramatic gain of 36.8% compared to the previous year. Between 2017 and 2020, imports rose by 417.4%, equating to an average annual growth rate of 73.0%.

Annual dynamics of product's imports to Serbia in value, 2017-2020, K $ US

From 2017 to 2020, the geographical pattern of imports in value terms was characterized by a strong dominance of Hungary, whose share reached 78.3% of total flows, while other partners held relatively minor shares.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Serbia in value, 2017-2020