Eastern Europe: Abrasives Market 2024

Abrasives Market Size in Eastern Europe

In 2022, the East European abrasives market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Abrasives Production in Eastern Europe

In value terms, abrasives production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Abrasives Exports

Exports in Eastern Europe

Abrasives exports rose notably to X tons in 2022, growing by X% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, abrasives exports amounted to $X in 2022. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Poland represented the largest exporting country with an export of around X tons, which finished at X% of total exports. Russia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (X%).

From 2012 to 2022, average annual rates of growth with regard to abrasives exports from Poland stood at X%. At the same time, Ukraine (X%) and Russia (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Ukraine (X p.p.), Russia (X p.p.) and Poland (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest abrasives supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced a decline in the export price figures.

Abrasives Imports

Imports in Eastern Europe

In 2022, imports of abrasives (natural) in Eastern Europe expanded rapidly to X tons, with an increase of X% against the year before. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, abrasives imports expanded rapidly to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Poland (X tons) and Russia (X tons) prevails in imports structure, together comprising X% of total imports. It was distantly followed by the Czech Republic (X tons), Bulgaria (X tons) and Slovakia (X tons), together comprising an X% share of total imports. The following importers - Romania (X tons) and Belarus (X tons) - each reached a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

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

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :