Eastern Europe: Inflator System Airbag Market 2024

Inflator System Airbag Market Size in Eastern Europe

The East European inflator system airbag market declined markedly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, continues to indicate resilient growth. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Inflator System Airbag Production in Eastern Europe

In value terms, inflator system airbag production stood at $X in 2022 estimated in export price. The total production indicated a prominent increase 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Inflator System Airbag Exports

Exports in Eastern Europe

In 2022, overseas shipments of airbags with inflator system and parts thereof increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports recorded a strong increase. The growth pace was the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, inflator system airbag exports fell to $X in 2022. Total exports indicated buoyant 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Romania (X tons), Poland (X tons) and Hungary (X tons), together finishing at X% of total export. It was distantly followed by the Czech Republic (X tons), mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest inflator system airbag supplying countries in Eastern Europe were Poland ($X), Romania ($X) and Hungary ($X), together accounting for X% of total exports.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to 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, shrinking by X% against the previous year. Overall, the export price showed a pronounced decline. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and the Czech Republic ($X per ton), while Romania ($X per ton) and Hungary ($X per ton) were amongst the lowest.

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

Inflator System Airbag Imports

Imports in Eastern Europe

In 2022, approx. X tons of airbags with inflator system and parts thereof were imported in Eastern Europe; which is down by X% compared with the previous year's figure. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, inflator system airbag imports reduced to $X in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) represented the main importer of airbags with inflator system and parts thereof, creating X% of total imports. Hungary (X tons) took the second position in the ranking, distantly followed by Romania (X tons), the Czech Republic (X tons) and Slovakia (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

Hungary, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in Eastern Europe amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 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 Slovakia ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform