Eastern Europe: Loading Machinery Market 2024

Loading Machinery Market Size in Eastern Europe

In 2022, the East European loading machinery market decreased by X% to $X.5B, falling for the third year in a row after four years of growth. In general, consumption saw a buoyant increase. Over the period under review, the market reached the peak level at $X.7B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Loading Machinery Production in Eastern Europe

In value terms, loading machinery production reduced modestly to $X.4B in 2022 estimated in export price. Over the period under review, production showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X.1B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Loading Machinery Exports

Exports in Eastern Europe

In 2022, the amount of lifting, handling, loading or unloading machinery exported in Eastern Europe shrank modestly to X units, falling by X% compared with the year before. Total exports indicated a prominent 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, loading machinery exports shrank to $X in 2022. Total exports indicated a resilient 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 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X units) and Poland (X units) represented roughly X% of total exports in 2022. The Czech Republic (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%). Hungary (X units), Estonia (X units) and Russia (X units) took a minor share of total exports.

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

In value terms, the Czech Republic ($X), Romania ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then shrank 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 ($X per unit), while Poland ($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.

Loading Machinery Imports

Imports in Eastern Europe

In 2022, loading machinery imports in Eastern Europe rose slightly to X units, surging by X% compared with the year before. Over the period under review, imports posted a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, loading machinery imports dropped notably to $X in 2022. Total imports indicated pronounced 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X units), Russia (X units), the Czech Republic (X units), Hungary (X units) and Romania (X units) represented the major importer of lifting, handling, loading or unloading machinery in Eastern Europe, creating X% of total import. Bulgaria (X units) and Ukraine (X units) followed a long way behind the leaders.

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 loading machinery importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Hungary, Romania, Bulgaria and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, recorded 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, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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