Eastern Europe: Aluminium Alloy Wire Market 2024

Aluminium Alloy Wire Market Size in Eastern Europe

In 2022, after three years of decline, there was growth in the East European aluminium alloy wire market, when its value increased by X% to $X. Overall, consumption, however, recorded a perceptible slump. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Aluminium Alloy Wire Production in Eastern Europe

In value terms, aluminium alloy wire production shrank modestly to $X in 2022 estimated in export price. Overall, production recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aluminium Alloy Wire Exports

Exports in Eastern Europe

In 2022, approx. X tons of aluminium alloy wire were exported in Eastern Europe; shrinking by X% against the previous year's figure. Over the period under review, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy wire exports reduced to $X in 2022. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Hungary (X tons), distantly followed by Poland (X tons), Russia (X tons) and the Czech Republic (X tons) were the major exporters of aluminium alloy wire, together constituting X% of total exports. Slovakia (X tons) followed a long way behind the leaders.

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

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

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was 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 more modest paces of growth.

Aluminium Alloy Wire Imports

Imports in Eastern Europe

In 2022, purchases abroad of aluminium alloy wire was finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a mild decline. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium alloy wire imports expanded slightly to $X in 2022. Total imports indicated a noticeable 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. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Russia (X tons), the Czech Republic (X tons), Belarus (X tons) and Slovakia (X tons) represented roughly X% of total imports in 2022. Hungary (X tons) took the next position in the ranking, followed by Poland (X tons) and Romania (X tons). All these countries together held approx. X% share of total imports.

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

In value terms, the largest aluminium alloy wire importing markets in Eastern Europe were Hungary ($X), the Czech Republic ($X) and Russia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Hungary, 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

The import price in Eastern Europe stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

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

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

Source: IndexBox Platform

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