Eastern Europe: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Eastern Europe

In 2022, the East European market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a abrupt setback. The level of consumption peaked at $X in 2021, and then contracted significantly in the following year.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Eastern Europe

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process skyrocketed to $X in 2022 estimated in export price. In general, production saw a dramatic descent. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports in Eastern Europe

In 2022, the amount of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process exported in Eastern Europe dropped to X units, waning by X% on the previous year's figure. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process dropped dramatically to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

In 2022, Poland (X units) was the major exporter of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, generating X% of total exports. Romania (X units) took the second position in the ranking, followed by Belarus (X units), the Czech Republic (X units), Russia (X units), Bulgaria (X units) and Slovakia (X units). All these countries together took approx. X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), Bulgaria (X%), Slovakia (X%), Romania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Romania, Belarus, Poland, Bulgaria and Slovakia increased by X, X, X, X and X percentage points, respectively.

In value terms, Poland ($X) remains the largest machinery for material treatment by heating or cooling process supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

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

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

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports in Eastern Europe

In 2022, after two years of growth, there was significant decline in purchases abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, when their volume decreased by X% to X units. Over the period under review, imports, however, posted a resilient increase. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X units in 2021, and then reduced markedly in the following year.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process shrank significantly to $X in 2022. In general, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Russia prevails in process structure, reaching X units, which was approx. X% of total imports in 2022. Poland (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (X%). The following importers - Ukraine (X units), the Czech Republic (X units), Hungary (X units) and Romania (X units) - each accounted for an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to machinery for material treatment by heating or cooling process imports into Russia stood at X%. At the same time, the Czech Republic (X%), Belarus (X%) and Romania (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 2012-2022. Ukraine, Hungary and Poland experienced a relatively flat trend pattern. Poland (X p.p.), Russia (X p.p.), the Czech Republic (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus, Hungary and Ukraine saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Poland, 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

In 2022, the import price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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