Eastern Europe: Mounting Lifting Equipment Market 2024

Mounting Lifting Equipment Market Size in Eastern Europe

The East European mounting lifting equipment market expanded markedly to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, posted noticeable growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Mounting Lifting Equipment Production in Eastern Europe

In value terms, mounting lifting equipment production totaled $X in 2022 estimated in export price. In general, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Mounting Lifting Equipment Exports

Exports in Eastern Europe

In 2022, exports of lifting equipment designed for mounting on road vehicles in Eastern Europe dropped to X units, reducing by X% on the year before. Total exports indicated a measured 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 decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, mounting lifting equipment exports contracted rapidly to $X in 2022. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

In 2022, Poland (X units) and Slovakia (X units) were the largest exporters of lifting equipment designed for mounting on road vehicles in Eastern Europe, together reaching near X% of total exports. It was distantly followed by Estonia (X units), creating a X% share of total exports. The following exporters - Romania (X units), Lithuania (X units) and Russia (X units) - together made up X% of total exports.

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

In value terms, Poland ($X), Slovakia ($X) and Estonia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of 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 unit in 2022, which is down by X% against the previous year. Overall, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, 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.

Mounting Lifting Equipment Imports

Imports in Eastern Europe

In 2022, approx. X units of lifting equipment designed for mounting on road vehicles were imported in Eastern Europe; falling by X% compared with 2021. Overall, imports saw a slight slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then dropped remarkably in the following year.

In value terms, mounting lifting equipment imports declined to $X in 2022. In general, imports, however, saw noticeable growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

Russia represented the largest importing country with an import of about X units, which finished at X% of total imports. Poland (X units) ranks second in terms of the total imports with a X% share, followed by the Czech Republic (X%), Ukraine (X%) and Romania (X%). The following importers - Lithuania (X units) and Belarus (X units) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mounting lifting equipment imports into Russia stood at X%. At the same time, Poland (X%), Romania (X%), the Czech Republic (X%), Lithuania (X%) and Ukraine (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Poland (X p.p.), the Czech Republic (X p.p.), Romania (X p.p.), Ukraine (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported lifting equipment designed for mounting on road vehicles in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, growing by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, mounting lifting equipment import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the Czech Republic ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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