Eastern Europe: Patent Leather Market 2024

Patent Leather Market Size in Eastern Europe

The East European patent leather market dropped slightly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption recorded a perceptible decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Patent Leather Production in Eastern Europe

In value terms, patent leather production reduced slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Patent Leather Exports

Exports in Eastern Europe

After three years of decline, overseas shipments of patent leather, patent laminated leather and metallised leather increased by X% to X square meters in 2022. Total exports indicated mild growth 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. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, patent leather exports fell notably to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then shrank dramatically in the following year.

Exports by Country

In 2022, Poland (X square meters), distantly followed by Romania (X square meters), Estonia (X square meters), Russia (X square meters), Slovakia (X square meters), Hungary (X square meters) and Lithuania (X square meters) were the key exporters of patent leather, patent laminated leather and metallised leather, together generating X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest patent leather supplying countries in Eastern Europe were Hungary ($X), Poland ($X) and Romania ($X), with a combined X% share of total exports. Slovakia, Estonia, Lithuania and Russia lagged somewhat behind, together comprising a further X%.

Russia, with a CAGR of X%, recorded the highest growth rate of 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 2022, the export price in Eastern Europe amounted to $X per square meter, dropping by X% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per square meter, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per square meter), while Russia ($X per square meter) 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 a decline in the export price figures.

Patent Leather Imports

Imports in Eastern Europe

In 2022, after two years of decline, there was significant growth in purchases abroad of patent leather, patent laminated leather and metallised leather, when their volume increased by X% to X square meters. Over the period under review, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, patent leather imports rose to $X in 2022. Overall, imports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Romania prevails in imports structure, finishing at X square meters, which was near X% of total imports in 2022. The Czech Republic (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%). Bulgaria (X square meters) and Slovakia (X square meters) followed a long way behind the leaders.

Romania experienced a relatively flat trend pattern with regard to volume of imports of patent leather, patent laminated leather and metallised leather. Hungary (X%), Slovakia (X%), the Czech Republic (X%) and Bulgaria (X%) illustrated a downward trend over the same period. Romania (X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic and Bulgaria saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Romania ($X) constitutes the largest market for imported patent leather, patent laminated leather and metallised leather in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Romania was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Bulgaria (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per square meter in 2022, dropping by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per square meter in 2014; however, from 2015 to 2022, 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 ($X per square meter), while Romania ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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