Eastern Europe: Electro-Magnetic Coupling Market 2024

Electro-Magnetic Coupling Market Size in Eastern Europe

After two years of growth, the East European electro-magnetic coupling market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Electro-Magnetic Coupling Production in Eastern Europe

In value terms, electro-magnetic coupling production rose modestly to $X in 2022 estimated in export price. The total output value 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 being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Electro-Magnetic Coupling Exports

Exports in Eastern Europe

In 2022, exports of electro-magnetic couplings, clutches and brakes in Eastern Europe fell to X tons, which is down by X% against 2021. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, electro-magnetic coupling exports amounted to $X in 2022. Total exports indicated resilient growth 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, Poland (X tons) was the main exporter of electro-magnetic couplings, clutches and brakes, achieving X% of total exports. It was distantly followed by Hungary (X tons), Romania (X tons), the Czech Republic (X tons) and Latvia (X tons), together constituting a X% share of total exports. The following exporters - Russia (X tons) and Slovakia (X tons) - together made up X% of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Slovakia (X%), Hungary (X%), Romania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Latvia 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. Poland (X p.p.) and Latvia (X p.p.) significantly strengthened its position in terms of the total exports, while Romania, the Czech Republic and Russia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electro-magnetic coupling supplying countries in Eastern Europe were Poland ($X), Romania ($X) and Hungary ($X), with a combined X% share 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, growing by X% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while Latvia ($X per ton) was amongst the lowest.

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

Electro-Magnetic Coupling Imports

Imports in Eastern Europe

In 2022, the amount of electro-magnetic couplings, clutches and brakes imported in Eastern Europe contracted to X tons, waning by X% on the year before. Total imports indicated a modest 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 2020 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, electro-magnetic coupling imports reduced to $X in 2022. The total import value 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) represented the key importer of electro-magnetic couplings, clutches and brakes, creating X% of total imports. It was distantly followed by Poland (X tons), Romania (X tons), Russia (X tons) and Slovakia (X tons), together making up a X% share of total imports. Estonia (X tons) and Hungary (X tons) followed a long way behind the leaders.

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Poland (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Russia and Estonia experienced a relatively flat trend pattern. By contrast, Hungary (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.), Poland (X p.p.), Romania (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total imports, while Hungary saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electro-magnetic coupling importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Romania ($X), together accounting for X% of total imports.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, waning by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per ton in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform