Key Market Indicators
Serbian livestock production is on the decline, dropping by 0.8% year on year on average. In 2021, Serbia was ranked 104th worldwide, with 1.6 million livestock. North Korea overtook Serbia as the top producer. Brazil, India, and the US ranked 2nd, 3rd, and 4th respectively. Livestock imports to Serbia are expected to reach $49.4 million by 2026, growing at a rate of 2.4% year on year. Since 2010, imports have increased by 27.6% annually. In 2021, the country was 51st in the world, with Kazakhstan overtaking Serbia at $42.3 million. Germany, Italy, and the Netherlands ranked 2nd, 3rd, and 4th respectively.
