Eastern Europe: Garden Tool Market 2024

Garden Tool Market Size in Eastern Europe

The East European garden tool market skyrocketed to $X in 2023, growing by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Garden Tool Production in Eastern Europe

In value terms, garden tool production expanded to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Garden Tool Exports

Exports in Eastern Europe

In 2023, overseas shipments of garden tools decreased by X% to X tons, falling for the second year in a row after two years of growth. Total exports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, garden tool exports expanded significantly to $X in 2023. Over the period under review, exports, however, posted strong growth. The growth pace was the most rapid in 2015 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Poland represented the key exporting country with an export of around X tons, which reached X% of total exports. The Czech Republic (X tons) held the second position in the ranking, followed by Bulgaria (X tons), Russia (X tons), Lithuania (X tons) and Slovakia (X tons). All these countries together held near X% share of total exports. Estonia (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Lithuania (X%), Bulgaria (X%), Estonia (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Bulgaria (X p.p.), Lithuania (X p.p.) and Estonia (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Russia saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest garden tool supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Bulgaria, with an X% share.

In Poland, garden tool exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Bulgaria (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, surging by X% against the previous year. Export price indicated resilient growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

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

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

Garden Tool Imports

Imports in Eastern Europe

In 2023, after three years of growth, there was significant decline in supplies from abroad of garden tools, when their volume decreased by X% to X tons. Total imports indicated modest growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then declined significantly in the following year.

In value terms, garden tool imports contracted to $X in 2023. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then declined in the following year.

Imports by Country

The countries with the highest levels of garden tool imports in 2023 were Poland (X tons), Russia (X tons), Bulgaria (X tons), Romania (X tons), the Czech Republic (X tons) and Lithuania (X tons), together accounting for X% of total import. It was distantly followed by Hungary (X tons), generating a X% share 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 ($X) constitutes the largest market for imported garden tools in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Poland stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, surging by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, garden tool import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton 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 Lithuania ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform