Earlier Report Observations
The market for soups and broths in North Macedonia shrank in physical terms between 2018 and 2023. Volume fell from 1 726 t in 2018 to 1 374 t in 2023, a drop of over 20%. The decline was most pronounced from 2018 to 2020, when volume decreased by nearly 10%, and continued at a slower pace through 2023. In 2024, volume saw a modest recovery to 1 403 t, up 2% from the previous year.
Despite the contraction in volume, the market's value grew steadily from 2020 onward. After a slight dip to $5.5 million in 2020, value climbed to $6.4 million by 2024, an increase of over 16% in four years. The rising value amidst falling volume points to higher average prices within the market.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018, 2020-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018, 2020-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018, 2020-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018, 2020-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in North Macedonia
- 5.1.1. In kind, 2018, 2020-2024, kg
- 5.1.2. In value, 2018, 2020-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, kg
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in North Macedonia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from North Macedonia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from North Macedonia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from North Macedonia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from North Macedonia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from North Macedonia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from North Macedonia by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from North Macedonia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from North Macedonia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from North Macedonia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from North Macedonia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from North Macedonia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from North Macedonia by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to North Macedonia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to North Macedonia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to North Macedonia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to North Macedonia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to North Macedonia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to North Macedonia by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to North Macedonia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to North Macedonia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to North Macedonia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to North Macedonia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to North Macedonia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to North Macedonia by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production soups and broths in North Macedonia
In value, 2017-2020, K $ US
In 2020, the output of soups and broths in North Macedonia was valued at 237.2 thousand US dollars, marking a modest increase of 3.8% compared to 2019. Over the period from 2017 to 2020, production declined by 28.6%, which translates to an annualized rate of 10.6%.
Annual dynamics of production in North Macedonia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.8% | n/a | n/a | (10.6%) |
In kind, 2017-2020, kg
In 2020, North Macedonia produced 74 000 kilograms of soups and broths, showing a slight rise of 2.1% from the previous year. Between 2017 and 2020, production fell by 21.3%, averaging an annual decrease of 7.7%.
Annual dynamics of production in North Macedonia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.1% | n/a | n/a | (7.7%) |
Exports soups and broths from North Macedonia
Exports in kind, t
In 2020, North Macedonia's exports of soups and broths amounted to 21 tonnes, representing a sharp decline of 62.6% from 2019. Over the 2017-2020 period, exports dropped by 49.6%, with a compound annual growth rate of -20.4%. The highest export volume was recorded in 2019 at 56 tonnes, which also saw the largest increase of 59.6%.
Annual dynamics of product's exports from North Macedonia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.6%) | 59.6% | (62.6%) | (20.4%) |
From 2017 to 2020, Slovenia, Serbia, and Sweden were the top destinations for North Macedonia's soups and broths exports in kind. Slovenia accounted for 36.0% of exports, Serbia for 24.6%, and Sweden for 3.4%, together making up 64.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from North Macedonia in kind, 2017-2020
Exports in value, K $ US
In 2020, North Macedonia's soups and broths exports totaled 66 thousand US dollars, reflecting a significant drop of 57.4% compared to 2019. Between 2017 and 2020, exports decreased by 57.8%, averaging an annual decline of 25.0%. The largest increase occurred in 2019, at 9.2%.
Annual dynamics of product's exports from North Macedonia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.2%) | 9.2% | (57.4%) | (25.0%) |
During 2017-2020, Slovenia, Serbia, and Sweden led as the main buyers of soups and broths from North Macedonia in value terms. Slovenia held 39.2% of exports, Serbia 16.8%, and Sweden 3.8%, with their combined share reaching 59.7% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from North Macedonia in value, 2017-2020
Imports soups and broths to North Macedonia
Imports in kind, t
After two years of growth, North Macedonia's imports of soups and broths in kind declined. In 2020, imports stood at 1 501 tonnes, down 14.0% from 2019. The peak import volume was in 2019 at 1 745 tonnes, while the largest increase of 12.3% was recorded in 2018.
Annual dynamics of product's imports to North Macedonia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.3% | 4.8% | (14.0%) | 0.4% |
From 2017 to 2020, the import structure in kind was highly concentrated, with Serbia and Croatia together accounting for 93.6% of total flows, leaving other partners with minimal shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to North Macedonia in kind, 2017-2020
Imports in value, K $ US
In 2020, North Macedonia's imports of soups and broths in value terms totaled 5 320 thousand US dollars, showing little change from 2019. Over the 2017-2020 period, imports grew by 9.7%, averaging an annual increase of 3.1%. The highest value was in 2018 at 5 396 thousand US dollars, which also saw the largest rise of 11.3%, while the largest decline of 1.8% occurred in 2019.
Annual dynamics of product's imports to North Macedonia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.3% | (1.8%) | 0.4% | 3.1% |
Between 2017 and 2020, Croatia and Serbia dominated North Macedonia's imports in value terms, together making up 93.0% of the total, with other countries contributing to a more varied but smaller portion.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to North Macedonia in value, 2017-2020
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