Eastern Europe: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Eastern Europe

In 2022, the East European market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by less than X% to $X, rising for the second year in a row after two years of decline. The total consumption 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Eastern Europe

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production of hit record highs in 2022 and is expected to retain growth in the near future.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Eastern Europe

In 2022, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Eastern Europe shrank to X square meters, reducing by X% on 2021. Over the period under review, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of attained the maximum at X square meters in 2021, and then declined in the following year.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded remarkably to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

The Czech Republic (X square meters), Russia (X square meters), Hungary (X square meters) and Belarus (X square meters) represented roughly X% of total exports in 2022. It was distantly followed by Latvia (X square meters), creating a X% share of total exports. Poland (X square meters) and Lithuania (X square meters) followed a long way behind the leaders.

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

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

Belarus, with a CAGR of X%, saw 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

The export price in Eastern Europe stood at $X per thousand square meters in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue 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 Latvia ($X per thousand square meters), while Belarus ($X per thousand square meters) 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 Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Eastern Europe

In 2022, approx. X square meters of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were imported in Eastern Europe; declining by X% against 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of reached the maximum at X square meters in 2021, and then dropped in the following year.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders fell modestly to $X in 2022. Total imports indicated noticeable 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Russia (X square meters), distantly followed by Poland (X square meters), the Czech Republic (X square meters), Lithuania (X square meters), Romania (X square meters), Latvia (X square meters) and Estonia (X square meters) represented the key importers of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, together generating X% of total imports.

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

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Lithuania, Latvia, Romania and Estonia lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to 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 thousand square meters, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Lithuania ($X per thousand square meters), while Estonia ($X per thousand square meters) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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