Eastern Europe: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Eastern Europe

In 2022, the East European double or complex silicates market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption showed a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Double Or Complex Silicates in Eastern Europe

In value terms, double or complex silicates production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Exports of Double Or Complex Silicates

Exports in Eastern Europe

In 2022, the amount of double or complex silicates exported in Eastern Europe shrank slightly to X tons, flattening at the previous year's figure. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, double or complex silicates exports rose sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Poland dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Russia (X tons) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the double or complex silicates exports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. From 2012 to 2022, the share of Poland and Russia increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest double or complex silicates supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland stood at X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Poland amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%).

Imports of Double Or Complex Silicates

Imports in Eastern Europe

In 2022, imports of double or complex silicates in Eastern Europe rose markedly to X tons, picking up by X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, double or complex silicates imports soared to $X in 2022. Overall, imports showed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Poland represented the largest importer of double or complex silicates in Eastern Europe, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. The Czech Republic (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Bulgaria (X%) and Russia (X%). Romania (X tons) held a relatively small share of total imports.

Poland experienced a relatively flat trend pattern with regard to volume of imports of double or complex silicates. At the same time, Bulgaria (X%), the Czech Republic (X%) and Russia (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. By contrast, Romania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bulgaria and the Czech Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported double or complex silicates in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

In Poland, double or complex silicates imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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