Eastern Europe: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Eastern Europe

The East European market for buckets, shovels, grabs and grips for ships derricks and cranes declined slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Eastern Europe

In value terms, ship derrick buckets and shovels production rose to $X in 2022 estimated in export price. The total production indicated a moderate 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports in Eastern Europe

In 2022, shipments abroad of buckets, shovels, grabs and grips for ships derricks and cranes increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, ship derrick buckets and shovels exports fell slightly to $X in 2022. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Poland (X units) represented the largest exporter of buckets, shovels, grabs and grips for ships derricks and cranes, generating X% of total exports. It was distantly followed by Hungary (X units), the Czech Republic (X units) and Slovakia (X units), together mixing up a X% share of total exports. Russia (X units), Latvia (X units) and Estonia (X units) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the buckets, shovels, grabs and grips for ships derricks and cranes exports, with a CAGR of X% from 2012 to 2022. At the same time, Slovakia (X%), Russia (X%), Latvia (X%) and the Czech Republic (X%) displayed positive paces of growth. By contrast, Hungary (X%) and Estonia (X%) illustrated a downward trend over the same period. Poland (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Estonia and Hungary saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

In 2022, the export price in Eastern Europe amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price showed a slight downturn. The pace of growth was the most pronounced in 2018 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Estonia ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports in Eastern Europe

Ship derrick buckets and shovels imports shrank to X units in 2022, with a decrease of X% on the year before. Total imports indicated a notable increase 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ship derrick buckets and shovels imports shrank slightly to $X in 2022. Total imports indicated moderate 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 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

Russia (X units) and the Czech Republic (X units) represented roughly X% of total imports in 2022. Poland (X units) took the next position in the ranking, followed by Romania (X units) and Hungary (X units). All these countries together took near X% share of total imports. The following importers - Estonia (X units), Slovakia (X units), Belarus (X units) and Latvia (X units) - together made up X% 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, the largest ship derrick buckets and shovels importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together comprising X% of total imports. Hungary, Romania, Slovakia, Latvia, Estonia and Belarus lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

Source: IndexBox Platform

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