Eastern Europe: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in Eastern Europe

The East European metal cutting shear market dropped to $X in 2022, stabilizing at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Cutting Shear Production in Eastern Europe

In value terms, metal cutting shear production dropped modestly to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Cutting Shear Exports

Exports in Eastern Europe

In 2022, after five years of growth, there was significant decline in overseas shipments of metal cutting shears and similar hand tools, when their volume decreased by X% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, metal cutting shear exports fell to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Poland (X tons) and Romania (X tons) prevails in exports structure, together achieving X% of total exports. Russia (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%) and Latvia (X%). The following exporters - Belarus (X tons) and Bulgaria (X tons) - each finished at a X% share 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 Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest metal cutting shear supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

In Poland, metal cutting shear exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Latvia (X% per year) and Romania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price showed resilient growth. The pace of growth was the most pronounced in 2020 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Metal Cutting Shear Imports

Imports in Eastern Europe

Metal cutting shear imports was estimated at X tons in 2022, increasing by X% on the previous year. Total imports indicated a modest 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, metal cutting shear imports fell to $X in 2022. Total imports indicated a noticeable 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, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Russia (X tons), distantly followed by Poland (X tons), Romania (X tons), the Czech Republic (X tons), Bulgaria (X tons) and Slovakia (X tons) represented the main importers of metal cutting shears and similar hand tools, together committing X% of total imports. Ukraine (X tons) held a relatively small share of total imports.

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

In value terms, the largest metal cutting shear importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for X% of total imports. Romania, Slovakia, Bulgaria and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per ton in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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

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

Source: IndexBox Platform

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