Eastern Europe: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Eastern Europe

The East European activated natural mineral products market rose notably to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Activated Natural Mineral Products in Eastern Europe

In value terms, activated natural mineral products production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Activated Natural Mineral Products

Exports in Eastern Europe

In 2022, shipments abroad of activated natural mineral products decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, activated natural mineral products exports rose markedly to $X in 2022. Over the period under review, exports, however, showed buoyant growth. 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 hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Hungary (X tons) and Poland (X tons) were the largest exporters of activated natural mineral products in Eastern Europe, together resulting at approx. X% of total exports. It was distantly followed by the Czech Republic (X tons) and Russia (X tons), together constituting a X% share of total exports. The following exporters - Latvia (X tons) and Lithuania (X tons) - each finished at a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Russia, Lithuania and Latvia lagged somewhat behind, together comprising a further X%.

Latvia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Imports of Activated Natural Mineral Products

Imports in Eastern Europe

In 2022, the amount of activated natural mineral products imported in Eastern Europe shrank significantly to X tons, dropping by X% compared with 2021 figures. Over the period under review, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, activated natural mineral products imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

Ukraine was the largest importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Russia (X tons), generating a X% share of total imports. Poland (X tons), the Czech Republic (X tons), Hungary (X tons), Bulgaria (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to activated natural mineral products imports into Ukraine stood at X%. At the same time, Bulgaria (X%), the Czech Republic (X%), Romania (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Czech Republic increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Ukraine ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Czech Republic, Romania, Hungary and Bulgaria lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Bulgaria, with a CAGR of X%, recorded 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 2022, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, activated natural mineral products import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform

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