Eastern Europe: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Eastern Europe

The East European straw for fodder balers market contracted modestly to $X in 2023, approximately equating the previous year. In general, consumption, however, saw a slight downturn. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in Eastern Europe

In value terms, straw for fodder balers production declined modestly to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2022, and then fell modestly in the following year.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in Eastern Europe

Straw for fodder balers exports skyrocketed to X units in 2023, jumping by X% against 2022. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, straw for fodder balers exports expanded slightly to $X in 2023. Total exports indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

In 2023, Poland (X units) represented the key exporter of straw or fodder balers, including pickup balers, mixing up X% of total exports. Hungary (X units) took the second position in the ranking, followed by Belarus (X units) and Russia (X units). All these countries together held near X% share of total exports. The following exporters - Lithuania (X units) and Romania (X units) - each resulted at a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%), Russia (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Hungary (X%) and Belarus (X%) illustrated a downward trend over the same period. Poland (X p.p.), Romania (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Hungary and Belarus saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Hungary ($X) and Belarus ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Romania, Russia and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in Eastern Europe

In 2023, approx. X units of straw or fodder balers, including pickup balers were imported in Eastern Europe; growing by X% on the previous year. In general, imports, however, saw a mild setback. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, straw for fodder balers imports amounted to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the main importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by Belarus (X units), Poland (X units), Slovakia (X units), Bulgaria (X units) and Romania (X units), together creating a X% share of total imports. Hungary (X units) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to straw for fodder balers imports into Russia stood at X%. At the same time, Bulgaria (X%), Slovakia (X%), Belarus (X%) and Romania (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Hungary experienced a relatively flat trend pattern. By contrast, Poland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belarus, Slovakia, Bulgaria and Romania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Russia ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Romania, Belarus, Bulgaria and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. Import price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, straw for fodder balers import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell notably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform