Eastern Europe: Flywheels And Pulleys Market 2024

Flywheels And Pulleys Market Size in Eastern Europe

In 2022, after two years of growth, there was decline in the East European flywheels and pulleys market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Flywheels And Pulleys Production in Eastern Europe

In value terms, flywheels and pulleys production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Flywheels And Pulleys Exports

Exports in Eastern Europe

In 2022, overseas shipments of flywheels and pulleys increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a resilient 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, flywheels and pulleys exports rose notably to $X in 2022. Total exports indicated a buoyant expansion 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 most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

The biggest shipments were from the Czech Republic (X tons), Poland (X tons) and Slovakia (X tons), together accounting for X% of total export. It was distantly followed by Romania (X tons), constituting an X% share of total exports. Belarus (X tons), Hungary (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest flywheels and pulleys supplying countries in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Poland ($X), with a combined X% share of total exports. Romania, Hungary, Belarus and Lithuania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Slovakia ($X per ton), while Belarus ($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.

Flywheels And Pulleys Imports

Imports in Eastern Europe

Flywheels and pulleys imports reduced to X tons in 2022, with a decrease of X% against the year before. 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 growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, flywheels and pulleys imports fell to $X in 2022. Total imports indicated prominent 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, Poland (X tons) was the main importer of flywheels and pulleys, mixing up X% of total imports. The Czech Republic (X tons) took the second position in the ranking, followed by Hungary (X tons), Romania (X tons), Slovakia (X tons) and Russia (X tons). All these countries together took approx. X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to flywheels and pulleys imports into Poland stood at X%. At the same time, Romania (X%), Belarus (X%), Russia (X%), Slovakia (X%) and the Czech Republic (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. Hungary experienced a relatively flat trend pattern. While the share of Romania (X p.p.) and Poland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Czech Republic (X p.p.) and Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported flywheels and pulleys in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Poland, flywheels and pulleys 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: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then contracted 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 Belarus ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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