Eastern Europe: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Market Size in Eastern Europe

The East European pedestrian-controlled tractor market rose to $X.5B in 2022, growing by X% against the previous year. In general, consumption, however, saw a abrupt decline. The level of consumption peaked at $X.9B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Pedestrian-Controlled Tractor Production in Eastern Europe

In value terms, pedestrian-controlled tractor production expanded modestly to $X.4B in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X.3B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pedestrian-Controlled Tractor Exports

Exports in Eastern Europe

In 2022, overseas shipments of pedestrian-controlled tractors increased by X% to X units, rising for the seventh consecutive year after two years of decline. Over the period under review, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, pedestrian-controlled tractor exports skyrocketed to $X in 2022. Overall, exports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2017 when exports increased by 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

In 2022, Belarus (X units) represented the largest exporter of pedestrian-controlled tractors, comprising X% of total exports. It was distantly followed by Slovakia (X units), Russia (X units), Hungary (X units), Romania (X units), Poland (X units), Lithuania (X units) and the Czech Republic (X units), together committing a X% share of total exports.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Hungary (X%), Slovakia (X%), Lithuania (X%), the Czech Republic (X%), Poland (X%) and Russia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Slovakia, Romania, Hungary, Lithuania and the Czech Republic increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Romania, with a CAGR of X%, 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

The export price in Eastern Europe stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced a decline in the export price figures.

Pedestrian-Controlled Tractor Imports

Imports in Eastern Europe

In 2022, after two years of growth, there was significant decline in supplies from abroad of pedestrian-controlled tractors, when their volume decreased by X% to X units. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, pedestrian-controlled tractor imports reached $X in 2022. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Romania was the largest importing country with an import of about X units, which accounted for X% of total imports. It was distantly followed by Ukraine (X units), Lithuania (X units), Poland (X units) and Moldova (X units), together constituting a X% share of total imports. The following importers - Russia (X units) and Bulgaria (X units) - each recorded a X% share of total imports.

Romania was also the fastest-growing in terms of the pedestrian-controlled tractors imports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%), Lithuania (X%) and Bulgaria (X%) displayed positive paces of growth. Moldova experienced a relatively flat trend pattern. By contrast, Russia (X%) and Ukraine (X%) illustrated a downward trend over the same period. Romania (X p.p.), Poland (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Russia and Ukraine 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 ($X) constitutes the largest market for imported pedestrian-controlled tractors in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Ukraine, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Romania totaled X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Ukraine (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth was the most pronounced in 2015 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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