Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
01 SEPTEMBER 2020 AL CIRCLE

Serbia’s import of Aluminium scrap remains unstable during 2017-20; expenditures stand on the higher side

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Serbia has set its heights on becoming a “developed country with quality living conditions” after the “successful consolidation” of its public finances. The Balkan nation has experienced stable economic growth recently, and the government budget has recorded a surplus for two consecutive years. The World Bank classifies Serbia as a middle-income country and its economy is transitioning from being dominated by the state sector to a market-driven model.

Serbia's import of Aluminium scrap

{alcircleadd}

The strongest sectors of Serbia's economy are energy, aluminium industry, automotive industry, machinery, mining, and agriculture. The country’s aluminium scrap import during 2017-19 remains unstable, as the import volume recorded stands at 25,111 tonnes and expenditures occurred remained at $34.40 million. The projected import for 2020 has been marked at 7170 tonnes and expenditures are expected to reach $26.25 million. However, when the analysed import volume and expenditure of 2020 gets summed with the existing three years it denotes 32,281 tonnes and $84.62 million respectively.

Serbia’s aluminium scrap import in 2017 was standing at 4718 tonnes, with expenditures remained at $8.95 million, whereas in 2018 the import depicted surge by 169.41%, as the import volume ticked-up at 12,711 tonnes and expenditures also climbed to $25.45 million.

Serbia's import of Aluminium scrap

In 2019, the nation’s aluminium scrap import exhibited drop by 39.56%, as the import volume declined to 7682 tonnes and expenditures dipped marginally to $23.97 million.

The evaluated scrap import for 2020 has been again pointed with de-growth by 6.66%, as the import volume to remain at 7170 tonnes, while expenditures are expected to rise and stand at $26.25 million.

Report on Global Aluminium Industry-Key Trends to 2030

Serbia’s major trading nations for the importation of aluminium scrap are Bosnia Herzegovina, Croatia, Germany, Hungary, Slovenia, etc.

 

AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com

Tagged with:

Aluminium Aluminium scrap

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.