Eastern Europe: Centrifuges Market 2024

Centrifuges Market Size in Eastern Europe

After three years of decline, the East European centrifuges market increased by X% to $X in 2022. Overall, consumption, however, showed a abrupt slump. The level of consumption peaked at $X.1B in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Centrifuges Production in Eastern Europe

In value terms, centrifuges production shrank to $X.2B in 2022 estimated in export price. In general, production, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X.7B. From 2018 to 2022, production growth remained at a lower figure.

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Centrifuges Exports

Exports in Eastern Europe

Centrifuges exports shrank sharply to X units in 2022, with a decrease of X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, centrifuges exports fell to $X in 2022. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Poland represented the largest exporter of centrifuges in Eastern Europe, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Slovakia (X units) and the Czech Republic (X units), together making up a X% share of total exports. Russia (X units), Latvia (X units), Bulgaria (X units) and Lithuania (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to centrifuges exports from Poland stood at X%. At the same time, Slovakia (X%), Bulgaria (X%), the Czech Republic (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Lithuania (X%) and Russia (X%) illustrated a downward trend over the same period. Slovakia (X p.p.), Poland (X p.p.), Bulgaria (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Lithuania 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, Poland ($X) remains the largest centrifuges supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports. It was followed by Bulgaria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Slovakia (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Centrifuges Imports

Imports in Eastern Europe

In 2022, approx. X units of centrifuges were imported in Eastern Europe; rising by X% against 2021. Overall, imports saw strong growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, centrifuges imports dropped dramatically to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

Russia dominates imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Poland (X units) and Ukraine (X units), together mixing up a X% share of total imports. Romania (X units), Bulgaria (X units), the Czech Republic (X units), Moldova (X units), Hungary (X units), Slovakia (X units), Estonia (X units) and Latvia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to centrifuges imports into Russia stood at X%. At the same time, Bulgaria (X%), Estonia (X%), Latvia (X%), Hungary (X%), Slovakia (X%), Poland (X%), the Czech Republic (X%) and Romania (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Ukraine experienced a relatively flat trend pattern. By contrast, Moldova (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Bulgaria increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported centrifuges in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, shrinking by X% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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 Hungary ($X per unit), while Moldova ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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