Key Market Indicators
Serbian fabric imports are forecast to reach $120 million by 2026, up from $105 million in 2021. This amounts to an average annual growth rate of 2.2%. Since 2010, annual demand has grown by an average rate of 4.7%. In 2021, Serbia was in 46th place, while Malaysia was the biggest importer at $105 million. Indonesia, China and the US were the next three biggest importers. Serbian fabric exports are expected to reach $38 million by 2026, up from $30 million in 2021. This amounts to an average yearly growth rate of 4.1%. Since 2010, annual supply has increased by an average of 9.3%. In 2021, Serbia was in 43rd place, while Bulgaria had the highest exports at $30 million. South Korea, Italy and Germany were the next three biggest exporters.