Eastern Europe: Plastic Furniture Market 2024

Plastic Furniture Market Size in Eastern Europe

The East European plastic furniture market declined to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated noticeable 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, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Furniture Production in Eastern Europe

In value terms, plastic furniture production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. The level of production peaked in 2022 and is likely to continue growth in the near future.

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Plastic Furniture Exports

Exports in Eastern Europe

In 2022, shipments abroad of furniture of plastic decreased by X% to X units, falling for the fourth consecutive year after three years of growth. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, plastic furniture exports reached $X in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

In 2022, Poland (X units) represented the major exporter of furniture of plastic, mixing up X% of total exports. It was distantly followed by Russia (X units) and the Czech Republic (X units), together mixing up a X% share of total exports. Belarus (X units), Hungary (X units), Slovakia (X units) and Bulgaria (X units) followed a long way behind the leaders.

Exports from Poland decreased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), Belarus (X%), Bulgaria (X%), the Czech Republic (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), the Czech Republic (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Slovakia (X p.p.) and Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic furniture supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together accounting for X% of total exports.

Among the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 unit in 2022, picking up by X% against the previous year. Over the period under review, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue 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 the Czech Republic ($X per unit), while Belarus ($X per unit) 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.

Plastic Furniture Imports

Imports in Eastern Europe

In 2022, plastic furniture imports in Eastern Europe reduced remarkably to X units, which is down by X% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic furniture imports reduced markedly to $X in 2022. Total imports indicated a remarkable increase 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 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted sharply in the following year.

Imports by Country

In 2022, Russia (X units), distantly followed by Poland (X units), Slovakia (X units), the Czech Republic (X units), Romania (X units), Hungary (X units), Bulgaria (X units) and Belarus (X units) were the major importers of furniture of plastic, together committing X% of total imports.

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

In value terms, the largest plastic furniture importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together comprising X% of total imports. Romania, Slovakia, Hungary, Bulgaria and Belarus lagged somewhat behind, together comprising a further X%.

Hungary, 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

In 2022, the import price in Eastern Europe amounted to $X per unit, picking up by X% against the previous year. In general, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

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