Eastern Europe: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in Eastern Europe

The East European market for parts of harvester and threshers dropped to $X in 2021, with a decrease of -11.7% against the previous year. In general, consumption continues to indicate a pronounced setback. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Parts Of Harvester And Threshers in Eastern Europe

In value terms, parts of harvester and threshers production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 52% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Parts Of Harvester And Threshers

Exports in Eastern Europe

After two years of decline, overseas shipments of parts of harvester and threshers increased by 25% to X units in 2021. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers exports surged to $X in 2021. Total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Poland (X units), the Czech Republic (X units) and Hungary (X units), together finishing at 75% of total export. It was distantly followed by Russia (X units) and Slovakia (X units), together generating a 14% share of total exports. Lithuania (X units) and Latvia (X units) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +22.7%), while shipments for 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 accounting for 75% of total exports. Slovakia, Russia, Lithuania and Latvia lagged somewhat behind, together accounting for a further 19%.

Russia, with a CAGR of +17.9%, saw 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 more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, surging by 5.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 when the export price increased by 12%. Over the period under review, the export prices attained the peak figure in 2021 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 Slovakia ($X per unit), while Latvia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.9%), while the other leaders experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports in Eastern Europe

In 2021, overseas purchases of parts of harvester and threshers increased by 25% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, parts of harvester and threshers imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X units) and Russia (X units) represented the largest importers of parts of harvester and threshers in Eastern Europe, together achieving 54% of total imports. The Czech Republic (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (9.1%) and Lithuania (6.2%). Romania (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest parts of harvester and threshers importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined 64% share of total imports.

Poland, with a CAGR of +13.3%, 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

The import price in Eastern Europe stood at $X per unit in 2021, surging by 7.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 14%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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