Report Eastern Europe - Hollow Drill Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 30, 2022

Eastern Europe - Hollow Drill Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Europe: Hollow Drill Bar Market 2022

Hollow Drill Bar Market Size in Eastern Europe

In 2021, the East European hollow drill bar market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption continues to indicate a perceptible setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Hollow Drill Bar Production in Eastern Europe

In value terms, hollow drill bar production fell notably to $X in 2021 estimated in export price. Overall, production showed a mild setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Production By Country in Eastern Europe

The countries with the highest volumes of in 2021 were Romania (X tons), Russia (X tons) and Slovakia (X tons), together comprising X% of total production. These countries were followed by Latvia and Bulgaria, which together accounted for a further X 2012 to 2021, the biggest increases were in Latvia (with a CAGR of +X%), while production for the other leaders experienced mixed trends in the production figures.

Hollow Drill Bar Exports

Exports in Eastern Europe

In 2021, the amount of hollow drill bars and rods exported in Eastern Europe soared to X tons, increasing by X% against the year before. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, hollow drill bar exports surged to $X in 2021. In general, exports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Russia (X tons), the Czech Republic (X tons), Lithuania (X tons) and Poland (X tons) was the main exporter of hollow drill bars and rods in Eastern Europe, creating X% of total export. It was distantly followed by Ukraine (X tons), constituting a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lithuania (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Russia ($X) were the countries with the highest levels of exports in 2021, together comprising X% of total exports. Lithuania and Ukraine lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, flattening at the previous year. Export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hollow drill bar export price decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+X%), while the other leaders experienced mixed trends in the export price figures.

Hollow Drill Bar Imports

Imports in Eastern Europe

In 2021, overseas purchases of hollow drill bars and rods decreased by -X% to X tons, falling for the third year in a row after two years of growth. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hollow drill bar imports reached $X in 2021. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) represented the main importer of hollow drill bars and rods, committing X% of total imports. Poland (X tons) held the second position in the ranking, followed by the Czech Republic (X tons), Ukraine (X tons) and Lithuania (X tons). All these countries together held approx. X% share of total imports. Romania (X tons) and Slovakia (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Slovakia (+X%) and Lithuania (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2012-2021. By contrast, Ukraine (-X%), the Czech Republic (-X%), Poland (-X%) and Romania (-X%) illustrated a downward trend over the same period. Russia (+X p.p.), Lithuania (+X p.p.) and Slovakia (+X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic, Romania and Poland saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported hollow drill bars and rods in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

In Russia, hollow drill bar imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Poland (-X% per year) and Romania (-X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, growing by X% against the previous year. Import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hollow drill bar import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Romania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, 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

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hollow drill bars and rods in Eastern Europe?
+
Russia remains the largest hollow drill bar consuming country in Eastern Europe, accounting for 54% of total volume. Moreover, hollow drill bar consumption in Russia exceeded the figures recorded by the second-largest consumer, Romania, threefold. Slovakia ranked third in terms of total consumption with a 9% share.
What are the largest producers of hollow drill bars and rods in Eastern Europe?
+
The countries with the highest volumes of in 2021 were Romania, Russia and Slovakia, with a combined 91% share of total production. Latvia and Bulgaria lagged somewhat behind, together comprising a further 8.7%.
What are the leading exporters of hollow drill bars and rods in Eastern Europe?
+
In value terms, the largest hollow drill bar supplying countries in Eastern Europe were the Czech Republic, Poland and Russia, together accounting for 80% of total exports. These countries were followed by Lithuania and Ukraine, which together accounted for a further 19%.
What are the leading importers of hollow drill bars and rods in Eastern Europe?
+
In value terms, Russia constitutes the largest market for imported hollow drill bars and rods in Eastern Europe, comprising 67% of total imports. The second position in the ranking was held by Poland, with a 14% share of total imports. It was followed by Romania, with a 5.9% share.
What is the average export price for hollow drill bars and rods in Eastern Europe?
+
The export price in Eastern Europe stood at $3,849 per ton in 2021, remaining stable against the previous year.
What is the average import price for hollow drill bars and rods in Eastern Europe?
+
In 2021, the import price in Eastern Europe amounted to $4,996 per ton, rising by 20% against the previous year.

This report provides an in-depth analysis of the hollow drill bar market in Eastern Europe. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 24106700 - Hollow drill bars and rods
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Europe, split by region and country
• Trade (exports and imports) in Eastern Europe
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Belarus
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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