Eastern Europe: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Eastern Europe

In 2021, the East European market for parts of apparatus of hs increased by 7.2% to $X, rising for the sixth year in a row after two years of decline. The total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +95.9% against 2015 indices. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Parts Of Apparatus Of Hs in Eastern Europe

In value terms, parts of apparatus of hs production reduced notably to $X in 2021 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 71% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

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Exports of Parts Of Apparatus Of Hs

Exports in Eastern Europe

In 2021, shipments abroad of parts of apparatus of hs increased by 3.6% to X units, rising for the fifth consecutive year after three years of decline. Total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +85.4% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 51%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, parts of apparatus of hs exports skyrocketed to $X in 2021. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 33% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

In 2021, Hungary (X units), Poland (X units) and the Czech Republic (X units) was the main exporter of parts of apparatus of hs in Eastern Europe, making up 77% of total export. It was distantly followed by Slovakia (X units) and Romania (X units), together comprising a 15% share of total exports. The following exporters - Ukraine (X units) and Belarus (X units) - each resulted at a 3.3% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of +53.0%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) were the countries with the highest levels of exports in 2021, together comprising 75% of total exports. These countries were followed by Slovakia, Romania, Belarus and Ukraine, which together accounted for a further 17%.

In terms of the main exporting countries, Belarus, with a CAGR of +38.8%, 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 2021, the export price in Eastern Europe amounted to $X per unit, jumping by 15% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2016 an increase of 68% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Slovakia ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+22.5%), while the other leaders experienced more modest paces of growth.

Imports of Parts Of Apparatus Of Hs

Imports in Eastern Europe

In 2021, overseas purchases of parts of apparatus of hs increased by 8.7% to X units, rising for the fifth consecutive year after three years of decline. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 16%. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, parts of apparatus of hs imports surged to $X in 2021. In general, imports showed a prominent increase. The growth pace was the most rapid in 2017 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of parts of apparatus of hs imports in 2021 were Poland (X units), Hungary (X units), the Czech Republic (X units), Russia (X units) and Slovakia (X units), together accounting for 89% of total import. The following importers - Romania (X units) and Ukraine (X units) - together made up 6.1% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of +11.3%), while imports 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 2021, together comprising 65% of total imports.

Poland, with a CAGR of +22.5%, recorded the highest rates of growth with regard to 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 2021, the import price in Eastern Europe amounted to $X per unit, rising by 14% against the previous year. Over the period under review, the import price posted a prominent expansion. The growth pace was the most rapid in 2016 an increase of 38% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+19.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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