Eastern Europe: Concrete Mixer Market 2024

Concrete Mixer Market Size in Eastern Europe

After five years of growth, the East European concrete mixer market decreased by -16.2% to $X in 2021. In general, consumption recorded a perceptible contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Concrete Mixer Production in Eastern Europe

In value terms, concrete mixer production reduced to $X in 2021 estimated in export price. In general, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 208%. The level of production peaked at $X in 2020, and then declined in the following year.

Concrete Mixer Exports

Exports in Eastern Europe

In 2021, approx. X units of concrete or mortar mixers were exported in Eastern Europe; increasing by 52% against 2020 figures. Total exports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +100.4% against 2016 indices. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete mixer exports surged to $X in 2021. Overall, exports continue to indicate a perceptible increase. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units) and Russia (X units) represented the major exporters of concrete or mortar mixers in 2021, reaching near 31% and 23% of total exports, respectively. Ukraine (X units) took the next position in the ranking, followed by Romania (X units), Hungary (X units), the Czech Republic (X units) and Belarus (X units). All these countries together held approx. 36% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Russia (with a CAGR of +16.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest concrete mixer supplying countries in Eastern Europe were Poland ($X), Russia ($X) and Ukraine ($X), together comprising 65% of total exports.

Russia, with a CAGR of +10.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2021, the export price in Eastern Europe amounted to $X per unit, increasing by 8.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 16%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the other leaders experienced a decline in the export price figures.

Concrete Mixer Imports

Imports in Eastern Europe

In 2021, purchases abroad of concrete or mortar mixers decreased by -2.7% to X units, falling for the second consecutive year after three years of growth. In general, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, concrete mixer imports soared to $X in 2021. Overall, imports saw a mild decline. The pace of growth appeared the most rapid in 2017 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of concrete mixer imports in 2021 were Romania (X units), Russia (X units), Ukraine (X units), Poland (X units) and Hungary (X units), together accounting for 79% of total import. The Czech Republic (X units) took a 5.2% share (based on physical terms) of total imports, which put it in second place, followed by Bulgaria (4.7%).

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported concrete or mortar mixers in Eastern Europe, comprising 40% of total imports. The second position in the ranking was held by Romania ($X), with an 18% share of total imports. It was followed by Poland, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value in Russia totaled -7.5%. The remaining importing countries recorded the following average annual rates of imports growth: Romania (+8.5% per year) and Poland (+12.3% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per unit, jumping by 23% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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