Eastern Europe: Organ Extracts Market 2024

Organ Extracts Market Size in Eastern Europe

In 2022, the East European organ extracts market was finally on the rise to reach $X after three years of decline. In general, consumption, however, saw a mild setback. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Organ Extracts Production in Eastern Europe

In value terms, organ extracts production soared to $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Organ Extracts Exports

Exports in Eastern Europe

In 2022, approx. X tons of extracts of glands or other organs or of their secretions were exported in Eastern Europe; with an increase of X% on 2021 figures. Overall, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, organ extracts exports surged to $X in 2022. In general, exports saw prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Bulgaria (X tons) was the key exporter of extracts of glands or other organs or of their secretions, committing X% of total exports. Lithuania (X tons) ranks second in terms of the total exports with a X% share, followed by Poland (X%) and the Czech Republic (X%). Russia (X tons) followed a long way behind the leaders.

Bulgaria was also the fastest-growing in terms of the extracts of glands or other organs or of their secretions exports, with a CAGR of X% from 2012 to 2022. At the same time, Lithuania (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. By contrast, Russia (X%) illustrated a downward trend over the same period. Bulgaria (X p.p.), Lithuania (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Poland and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest organ extracts supplying countries in Eastern Europe were the Czech Republic ($X), Bulgaria ($X) and Lithuania ($X), with a combined X% share of total exports.

Bulgaria, with a CAGR of X%, saw the highest growth rate of 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 ton in 2022, waning by X% against the previous year. Overall, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a 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 the Czech Republic ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Organ Extracts Imports

Imports in Eastern Europe

In 2022, purchases abroad of extracts of glands or other organs or of their secretions increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, organ extracts imports surged to $X in 2022. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Russia (X tons) was the major importer of extracts of glands or other organs or of their secretions, achieving X% of total imports. Hungary (X tons) ranks second in terms of the total imports with a X% share, followed by Poland (X%), Lithuania (X%) and Belarus (X%). The Czech Republic (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported extracts of glands or other organs or of their secretions in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with an X% share of total imports. It was followed by Hungary, with an X% share.

In Russia, organ extracts imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the Czech Republic ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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