Eastern Europe: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Eastern Europe

The East European market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips was estimated at $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Eastern Europe

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in Eastern Europe

Exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips reduced slightly to X tons in 2022, with a decrease of X% compared with the year before. In general, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips shrank notably to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

The Czech Republic (X tons) and Russia (X tons) were the main exporters of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Poland (X tons), committing a X% share of total exports. Lithuania (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X) remains the largest unmounted tool inserts, sticks or plates supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

In the Czech Republic, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then shrank dramatically in the following year.

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 Lithuania ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in Eastern Europe

After two years of growth, overseas purchases of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips shrank to $X in 2022. The total import 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. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Russia was the largest importer of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in Eastern Europe, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. Romania (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Hungary (X%), the Czech Republic (X%) and Slovakia (X%). Belarus (X tons) took a relatively small share of total imports.

Russia was also the fastest-growing in terms of the unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips imports, with a CAGR of X% from 2012 to 2022. At the same time, Romania (X%) displayed positive paces of growth. Poland experienced a relatively flat trend pattern. By contrast, Slovakia (X%), Hungary (X%), the Czech Republic (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Romania increased by X and X percentage points, respectively.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Russia, with a CAGR of X%, recorded the highest growth rate of 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, growing 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 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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