Eastern Europe: Shaft Coupling Market 2024

Shaft Coupling Market Size in Eastern Europe

The East European shaft coupling market was estimated at $X in 2022, surging by X% against the previous year. Overall, consumption, however, saw a mild downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Shaft Coupling Production in Eastern Europe

In value terms, shaft coupling production declined modestly to $X in 2022 estimated in export price. Overall, production saw a perceptible decrease. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Shaft Coupling Exports

Exports in Eastern Europe

In 2022, shaft coupling exports in Eastern Europe shrank to X tons, declining by X% against the previous year's figure. The total export volume 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 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, shaft coupling exports declined to $X in 2022. The total export value 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 pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

In 2022, the Czech Republic (X tons), distantly followed by Hungary (X tons), Slovakia (X tons) and Poland (X tons) were the main exporters of clutches and shaft couplings, together constituting X% of total exports. The following exporters - Russia (X tons), Belarus (X tons) and Bulgaria (X tons) - each finished at a X% share of total exports.

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

In value terms, the largest shaft coupling supplying countries in Eastern Europe were the Czech Republic ($X), Hungary ($X) and Slovakia ($X), together comprising X% of total exports.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to 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

The export price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Belarus ($X per ton) 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.

Shaft Coupling Imports

Imports in Eastern Europe

Shaft coupling imports skyrocketed to X tons in 2022, with an increase of X% on 2021 figures. Total imports indicated a strong 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 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, shaft coupling imports declined to $X in 2022. Total imports indicated a measured 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell slightly in the following year.

Imports by Country

Hungary (X tons), Russia (X tons) and the Czech Republic (X tons) represented roughly X% of total imports in 2022. Poland (X tons) ranks next in terms of the total imports with a X% share, followed by Romania (X%). The following importers - Belarus (X tons) and Slovakia (X tons) - together made up X% of total imports.

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

In value terms, Hungary ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Poland, Romania, Slovakia and Belarus lagged somewhat behind, together comprising 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 ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then contracted remarkably in the following year.

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

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

Source: IndexBox Platform

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