Eastern Europe: Bar Draw-Bench Market 2024

Bar Draw-Bench Market Size in Eastern Europe

The East European bar draw-bench market skyrocketed to $X in 2023, growing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2023 and is likely to see gradual growth in years to come.

Bar Draw-Bench Production in Eastern Europe

In value terms, bar draw-bench production shrank to $X in 2023 estimated in export price. Over the period under review, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Bar Draw-Bench Exports

Exports in Eastern Europe

In 2023, bar draw-bench exports in Eastern Europe skyrocketed to X units, jumping by X% against 2022. In general, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, bar draw-bench exports soared to $X in 2023. Over the period under review, exports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Bulgaria (X units), Poland (X units), Ukraine (X units), Romania (X units) and Hungary (X units) represented roughly X% of total exports in 2023. It was distantly followed by Lithuania (X units), committing a X% share of total exports. Russia (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Poland ($X) and Ukraine ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Bulgaria, Romania, Hungary and Russia lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, 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

The export price in Eastern Europe stood at $X per unit in 2023, rising by X% against the previous year. In general, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports in Eastern Europe

In 2023, the amount of draw-benches for bars, tubes, profiles, wire or the like imported in Eastern Europe surged to X units, jumping by X% against the previous year's figure. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bar draw-bench imports surged to $X in 2023. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

Russia (X units) and the Czech Republic (X units) were the key importers of draw-benches for bars, tubes, profiles, wire or the like in 2023, reaching approx. X% and X% of total imports, respectively. Bulgaria (X units) held the next position in the ranking, distantly followed by Poland (X units). All these countries together held approx. X% share of total imports. The following importers - Romania (X units), Hungary (X units) and Ukraine (X units) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among 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

The import price in Eastern Europe stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Ukraine ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform