Industry Statistics and Rankings
How does this industry perform in Serbia compared to Europe?
Country Benchmarking
Industry Data Serbia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#9 In EuropeBusiness
#8 In EuropeEmployees
#10 In EuropeWages
#15 In EuropeThe Sugar Production in Serbia ranks 9 in Europe with regards to its 2024 revenue (€843.2m). Revenue received by operators in Serbia has been moderate in volatility over the past five-year period, with the average annual change in revenue (31.8 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Sugar Production industry in Serbia in 2024?
The market size of the Sugar Production industry in Serbia is €843.2m in 2024.
How many businesses are there in the Sugar Production in Serbia industry in 2024?
There are 12 businesses in the Sugar Production industry in Serbia, which has declined at a CAGR of 1.6 % between 2019 and 2024.
Has the Sugar Production industry in Serbia grown or declined over the past 5 years?
The market size of the Sugar Production industry in Serbia has been growing at a CAGR of 31.8 % between 2019 and 2024.
What is the forecast growth of the Sugar Production industry in Serbia over the next 5 years?
Over the next five years, the Sugar Production industry in Serbia is expected to grow.
What does the Sugar Production in Serbia include?
Refined sugar and Raw sugar are part of the Sugar Production industry.
How competitive is the Sugar Production industry in Serbia?
The level of competition is moderate and steady in the Sugar Production industry in Serbia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Other Chemical Product Manufacturing in Serbia
Complementors
- Food Product Manufacturing in Serbia
- Dairy Product Production in Serbia
- Chocolate & Confectionary Production in Serbia
International industries
Table of Contents
About this industry
Industry definition
The industry specialises in producing and refining sugar (sucrose) and various sugar substitutes, utilizing cane, beet, maple, and palm sources to deliver a broad array of sweetening solutions across diverse markets.
What's included in this industry?
Refined sugarRaw sugarSugarSugar by-productsIndustry Code
1072 - Manufacture of sugar in Serbia
Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Sugar Production in Serbia
- Employees in the Sugar Production in Serbia
- Business in the Sugar Production in Serbia
- Profit in the Sugar Production in Serbia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Food safety laws limit pesticide use for sugar beet growing. Stringent food standards in Europe limit what fertilisers and pesticides farmers can use to grow their crops.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Sugar Production in Serbia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising sugar prices have led to significant profit growth. Higher costs for processors and farmers triggered price hikes, increasing revenues for sugar companies, who were thus able to outpace increasing operational expenses.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Sugar Production in Serbia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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