Eastern Europe: Barbed Wire Market 2024

Barbed Wire Market Size in Eastern Europe

For the third consecutive year, the East European barbed wire market recorded growth in sales value, which increased by X% to $X in 2022. 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. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Barbed Wire Production in Eastern Europe

In value terms, barbed wire production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2021, and then declined in the following year.

Barbed Wire Exports

Exports in Eastern Europe

In 2022, approx. X tons of barbed wire and entanglements were exported in Eastern Europe; waning by X% compared with 2021. Overall, exports, however, saw a notable increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then fell in the following year.

In value terms, barbed wire exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Russia was the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Poland (X tons) and Latvia (X tons), together mixing up a X% share of total exports. The following exporters - Lithuania (X tons), the Czech Republic (X tons), Bulgaria (X tons) and Ukraine (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to barbed wire exports from Russia stood at X%. At the same time, Latvia (X%), Poland (X%), Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Bulgaria (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), Latvia (X p.p.), Poland (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bulgaria (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest barbed wire supplying countries in Eastern Europe were Russia ($X), Poland ($X) and Latvia ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Latvia, with a CAGR of X%, recorded the highest growth rate of 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

The export price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a tangible expansion 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, barbed wire export price increased by X% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Lithuania (X%), while the other leaders experienced more modest paces of growth.

Barbed Wire Imports

Imports in Eastern Europe

In 2022, the amount of barbed wire and entanglements imported in Eastern Europe surged to X tons, increasing by X% against 2021. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, barbed wire imports totaled $X in 2022. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Lithuania represented the main importing country with an import of about X tons, which accounted for X% of total imports. Poland (X tons) ranks second in terms of the total imports with a X% share, followed by Hungary (X%), the Czech Republic (X%) and Latvia (X%). The following importers - Estonia (X tons) and Romania (X tons) - together made up X% of total imports.

Lithuania was also the fastest-growing in terms of the barbed wire and entanglements imports, with a CAGR of X% from 2012 to 2022. At the same time, Estonia (X%), Latvia (X%), Poland (X%), Hungary (X%), the Czech Republic (X%) and Romania (X%) displayed positive paces of growth. While the share of Lithuania (X p.p.), Poland (X p.p.), Latvia (X p.p.) and Estonia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Czech Republic (X p.p.) and Romania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lithuania ($X) constitutes the largest market for imported barbed wire and entanglements in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with an X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Lithuania amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and Hungary (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then declined rapidly in the following year.

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 Latvia ($X per ton), while Lithuania ($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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