Eastern Europe: Invalid Carriage Market 2024

Invalid Carriage Market Size in Eastern Europe

The East European invalid carriage market stood at $X in 2022, increasing by X% against the previous year. Overall, consumption saw a deep setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Invalid Carriage Production in Eastern Europe

In value terms, invalid carriage production expanded modestly to $X in 2022 estimated in export price. In general, production recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Invalid Carriage Exports

Exports in Eastern Europe

In 2022, shipments abroad of invalid carriages not mechanically propelled increased by X% to X units, rising for the second year in a row after two years of decline. Total exports indicated a moderate expansion 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 growth pace was the most rapid in 2015 when exports increased by X%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, invalid carriage exports reached $X in 2022. Total exports indicated a strong 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by the Czech Republic (X units), committing a X% share of total exports. Lithuania (X units) and Russia (X units) held a little share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%) and Lithuania (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, the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland and Russia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest invalid carriage supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then dropped modestly in the following year.

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 Russia ($X per unit), while Lithuania ($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.

Invalid Carriage Imports

Imports in Eastern Europe

Invalid carriage imports reached X units in 2022, with an increase of X% on 2021. Total imports indicated temperate growth 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, invalid carriage imports stood at $X in 2022. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X units) was the main importer of invalid carriages not mechanically propelled, generating X% of total imports. Poland (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units) and Romania (X units). All these countries together took near X% share of total imports. Ukraine (X units), Bulgaria (X units) and Hungary (X units) took a little share of total imports.

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

In value terms, the largest invalid carriage importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together comprising X% of total imports.

In terms of the main importing countries, Poland, 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

In 2022, the import price in Eastern Europe amounted to $X per unit, therefore, remained relatively stable against 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 2013 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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