Eastern Europe: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Eastern Europe

The East European bitumen mixer market fell rapidly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced decrease. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank significantly in the following year.

Bitumen Mixer Production in Eastern Europe

In value terms, bitumen mixer production shrank rapidly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Bitumen Mixer Exports

Exports in Eastern Europe

In 2022, approx. X units of machines for mixing mineral substances with bitumen were exported in Eastern Europe; jumping by X% against the previous year. In general, exports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, bitumen mixer exports dropped dramatically to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Russia prevails in exports structure, finishing at X units, which was near X% of total exports in 2022. The following exporters - Poland (X units), Ukraine (X units) and Lithuania (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to bitumen mixer exports from Russia stood at X%. At the same time, Lithuania (X%) and Poland (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bitumen mixer supplying countries in Eastern Europe were Poland ($X), Ukraine ($X) and Russia ($X), together comprising X% of total exports.

Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while Russia ($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 a decline in the export price figures.

Bitumen Mixer Imports

Imports in Eastern Europe

After two years of growth, overseas purchases of machines for mixing mineral substances with bitumen decreased by X% to X units in 2022. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, bitumen mixer imports fell remarkably to $X in 2022. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia was the major importer of machines for mixing mineral substances with bitumen in Eastern Europe, with the volume of imports finishing at X units, which was near X% of total imports in 2022. Romania (X units) held the second position in the ranking, followed by the Czech Republic (X units), Ukraine (X units) and Poland (X units). All these countries together held near X% share of total imports. The following importers - Lithuania (X units) and Bulgaria (X units) - together made up X% of total imports.

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

In value terms, Russia ($X) constitutes the largest market for imported machines for mixing mineral substances with bitumen in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Romania ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Russia, bitumen mixer imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Romania (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, increasing by X% against the previous year. In general, the import price continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X,288 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Lithuania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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