Eastern Europe: Fuel Filter Market 2024

Fuel Filter Market Size in Eastern Europe

The East European fuel filter market reduced to $X in 2022, waning by X% against the previous year. In general, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X, and then fell in the following year.

Fuel Filter Production in Eastern Europe

In value terms, fuel filter production soared to $X in 2022 estimated in export price. The total production indicated a resilient 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Fuel Filter Exports

Exports in Eastern Europe

In 2022, overseas shipments of oil or petrol-filters for internal combustion engines decreased by X% to X units, falling for the fourth consecutive year after three years of growth. In general, exports showed a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, fuel filter exports expanded notably to $X in 2022. Over the period under review, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The Czech Republic (X units) and Poland (X units) dominates exports structure, together creating X% of total exports. Bulgaria (X units) ranks next in terms of the total exports with a X% share, followed by Belarus (X%). The following exporters - Russia (X units), Hungary (X units) and Lithuania (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the export price in Eastern Europe amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

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

Fuel Filter Imports

Imports in Eastern Europe

In 2022, approx. X units of oil or petrol-filters for internal combustion engines were imported in Eastern Europe; which is down by X% compared with 2021 figures. In general, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank notably in the following year.

In value terms, fuel filter imports dropped to $X in 2022. Total imports indicated buoyant 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Russia represented the major importer of oil or petrol-filters for internal combustion engines in Eastern Europe, with the volume of imports reaching X units, which was near X% of total imports in 2022. It was distantly followed by Hungary (X units), Poland (X units), Romania (X units), the Czech Republic (X units) and Belarus (X units), together making up a X% share of total imports. Ukraine (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fuel filter imports into Russia stood at X%. At the same time, Hungary (X%), Romania (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic and Ukraine experienced a relatively flat trend pattern. By contrast, Poland (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), Hungary (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ukraine (X p.p.), the Czech Republic (X p.p.) and Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fuel filter importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), together accounting for X% of total imports.

In terms of 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, picking up by X% against the previous year. Import price indicated slight growth 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, fuel filter import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

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 Poland ($X per unit), while Belarus ($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.

Source: IndexBox Platform

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