Eastern Europe: Nails And Tacks Market 2024

Nails And Tacks Market Size in Eastern Europe

In 2022, the East European nails and tacks market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a tangible expansion 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Nails And Tacks Production in Eastern Europe

In value terms, nails and tacks production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the maximum level in 2022 and is likely to see steady growth in the near future.

Nails And Tacks Exports

Exports in Eastern Europe

In 2022, nails and tacks exports in Eastern Europe declined remarkably to X tons, falling by X% against the year before. Total exports indicated a tangible 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 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then fell sharply in the following year.

In value terms, nails and tacks exports fell to $X in 2022. Total exports indicated a tangible 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 most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2022, the Czech Republic (X tons), Russia (X tons) and Poland (X tons) represented the key exporter of nails, tacks, drawing pins, corrugated nails, staples in Eastern Europe, committing X% of total export. It was distantly followed by Hungary (X tons), achieving a X% share of total exports. Belarus (X tons) and Latvia (X tons) held a relatively small share of total exports.

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

In value terms, the largest nails and tacks supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Hungary ($X), with a combined X% share of total exports. Russia, Belarus and Latvia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Russia, with a CAGR of X%, recorded 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

The export price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Latvia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Nails And Tacks Imports

Imports in Eastern Europe

In 2022, approx. X tons of nails, tacks, drawing pins, corrugated nails, staples were imported in Eastern Europe; which is down by X% compared with the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, nails and tacks imports shrank markedly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined notably in the following year.

Imports by Country

In 2022, Poland (X tons) and Russia (X tons) represented the largest importers of nails, tacks, drawing pins, corrugated nails, staples in Eastern Europe, together recording approx. X% of total imports. Romania (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%) and Ukraine (X%). The following importers - Belarus (X tons), Lithuania (X tons), Hungary (X tons), Bulgaria (X tons), Slovakia (X tons) and Latvia (X tons) - together made up X% of total imports.

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

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Romania, Ukraine, Hungary, Belarus, Latvia, Lithuania, Bulgaria and Slovakia lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 ton, picking up by X% against the previous year. In general, the import price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 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 the Czech Republic ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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