Key Market Indicators
Sales of home appliances in Serbia are projected to reach €336 million by 2026, from €334 million in 2021. This represents an average yearly growth of 0.2%. Serbia ranked 17th in 2021, while Bulgaria led the pack with €334 million. Italy, Poland, and France followed in the rankings, respectively. Serbian home appliance imports are expected to reach $11.6 million by 2026, down from $13.4 million in 2021. This represents a yearly decline of 2.3%. Since 2010, demand in Serbia has decreased by 8.3%. Paraguay led the rankings in 2021 with $13.4 million, followed by Germany, Japan, and France. Exports of home appliances from Serbia are projected to reach $10.9 million by 2026, up from $10.6 million in 2021. This represents a yearly growth of 0.7%. Since 2010, supply in Serbia has decreased by 4.7%. Greece had the largest share of exports in 2021 at $10.6 million, followed by Germany, Malaysia, and the United States.
