Eastern Europe: Extruded Rod Market 2024

Extruded Rod Market Size in Eastern Europe

The East European extruded rod market contracted modestly to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a deep contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Extruded Rod Production in Eastern Europe

In value terms, extruded rod production dropped to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Extruded Rod Exports

Exports in Eastern Europe

In 2022, extruded rod exports in Eastern Europe contracted to X tons, with a decrease of X% compared with 2021 figures. Over the period under review, exports showed a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, extruded rod exports reduced to $X in 2022. In general, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Poland (X tons) was the largest exporter of extruded rods and profile shapes of cellular vulcanised rubber, generating X% of total exports. Lithuania (X tons) held the second position in the ranking, followed by Russia (X tons) and Slovakia (X tons). All these countries together held approx. X% share of total exports. The Czech Republic (X tons), Bulgaria (X tons) and Hungary (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to extruded rod exports from Poland stood at X%. At the same time, Slovakia (X%), Bulgaria (X%), Russia (X%), Hungary (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Lithuania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Slovakia, Bulgaria, the Czech Republic and Poland increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest extruded rod supplying countries in Eastern Europe were Poland ($X), Lithuania ($X) and Slovakia ($X), together comprising X% of total exports.

Slovakia, 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

In 2022, the export price in Eastern Europe amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Hungary ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Extruded Rod Imports

Imports in Eastern Europe

In 2022, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were imported in Eastern Europe; which is down by X% against the previous year. The total import volume 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 was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell notably in the following year.

In value terms, extruded rod imports reduced remarkably to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Lithuania (X tons), the Czech Republic (X tons), Romania (X tons) and Slovakia (X tons) were the major importers of extruded rods and profile shapes of cellular vulcanised rubber, together generating X% of total imports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports 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 2022, with a combined X% share of total imports. Romania, Lithuania, Slovakia and Belarus lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, with a CAGR of X%, saw 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 ton in 2022, falling by X% against the previous year. Over the period under review, the import price saw a slight shrinkage. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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