Eastern Europe: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Eastern Europe

In 2023, the East European balloon and dirigible market increased by X% to $X for the first time since 2020, thus ending a two-year declining trend. Over the period under review, consumption showed a pronounced expansion. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Balloon And Dirigible Production in Eastern Europe

In value terms, balloon and dirigible production shrank slightly to $X in 2023 estimated in export price. In general, production recorded a pronounced reduction. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

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Balloon And Dirigible Exports

Exports in Eastern Europe

In 2023, overseas shipments of balloons, dirigibles and other non-powered aircraft decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, balloon and dirigible exports surged to $X in 2023. Total exports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in the immediate term.

Exports by Country

Poland represented the largest exporting country with an export of around X units, which reached X% of total exports. The Czech Republic (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%). Bulgaria (X units) held a minor share of total exports.

Poland was also the fastest-growing in terms of the balloons, dirigibles and other non-powered aircraft exports, with a CAGR of X% from 2012 to 2023. At the same time, Bulgaria (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. From 2012 to 2023, the share of Poland, Slovakia and the Czech Republic increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest balloon and dirigible supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the Czech Republic totaled X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, jumping by X% against the previous year. In general, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Balloon And Dirigible Imports

Imports in Eastern Europe

In 2023, overseas purchases of balloons, dirigibles and other non-powered aircraft were finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Overall, imports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, balloon and dirigible imports soared to $X in 2023. In general, imports, however, showed a mild decline. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Russia represented the largest importing country with an import of around X units, which accounted for X% of total imports. The Czech Republic (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Ukraine (X%), Poland (X%) and Romania (X%). Bulgaria (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, the Czech Republic (X%), Bulgaria (X%), Ukraine (X%), Romania (X%) and Poland (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. The Czech Republic (X p.p.), Ukraine (X p.p.), Romania (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total imports, while Poland and Russia saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the largest balloon and dirigible importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together accounting for X% of total imports. Romania, Ukraine and Bulgaria lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Eastern Europe stood at $X per unit in 2023, growing by X% against the previous year. In general, the import price, however, showed a noticeable decline. The pace of growth appeared the most rapid in 2022 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform