Eastern Europe: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Eastern Europe

The East European market for belt type continuous-action elevators and conveyors for goods or materials reduced to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Eastern Europe

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials shrank to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports in Eastern Europe

In 2022, overseas shipments of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials surged to $X in 2022. Total exports indicated a remarkable 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X units) and Latvia (X units) represented the key exporters of belt type continuous-action elevators and conveyors for goods or materials in 2022, amounting to near X% and X% of total exports, respectively. The Czech Republic (X units) ranks next in terms of the total exports with a X% share, followed by Poland (X%) and Slovakia (X%). The following exporters - Estonia (X units) and Russia (X units) - together made up X% of total exports.

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

In value terms, Latvia ($X) emerged as the largest belt type continuous-action elevator and conveyor supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Latvia, exports of belt type continuous-action elevators and conveyors for goods or materials expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports in Eastern Europe

After two years of growth, supplies from abroad of belt type continuous-action elevators and conveyors for goods or materials decreased by X% to X units in 2022. Total imports indicated a pronounced expansion 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 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials skyrocketed to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Russia (X units) was the largest importer of belt type continuous-action elevators and conveyors for goods or materials, mixing up X% of total imports. It was distantly followed by Latvia (X units), Poland (X units), Romania (X units), Estonia (X units), the Czech Republic (X units) and Ukraine (X units), together creating a X% share of total imports. Slovakia (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to belt type continuous-action elevator and conveyor imports into Russia stood at X%. At the same time, Latvia (X%), Estonia (X%), Slovakia (X%), Romania (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Latvia (X p.p.), Estonia (X p.p.), Slovakia (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported belt type continuous-action elevators and conveyors for goods or materials in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

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

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated noticeable growth 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. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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