Eastern Europe: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Eastern Europe

In 2022, the East European prepared baking powder market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Prepared Baking Powder Production in Eastern Europe

In value terms, prepared baking powder production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Prepared Baking Powder Exports

Exports in Eastern Europe

After two years of decline, shipments abroad of prepared baking powders increased by X% to X tons in 2022. Overall, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, prepared baking powder exports totaled $X in 2022. Total exports indicated a tangible increase 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 2018 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 years to come.

Exports by Country

Poland represented the main exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Russia (X tons), Hungary (X tons), Latvia (X tons), the Czech Republic (X tons) and Romania (X tons), together achieving a X% share of total exports. Slovakia (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to prepared baking powder exports from Poland stood at X%. At the same time, Slovakia (X%), Romania (X%), Russia (X%), the Czech Republic (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%) illustrated a downward trend over the same period. Poland (X p.p.), Romania (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Hungary saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest prepared baking powder supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

In Poland, prepared baking powder exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Latvia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 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 the Czech Republic ($X per ton), while Hungary ($X per ton) 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 more modest paces of growth.

Prepared Baking Powder Imports

Imports in Eastern Europe

After six years of growth, overseas purchases of prepared baking powders decreased by X% to X tons in 2022. Total imports indicated a tangible increase 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. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped slightly in the following year.

In value terms, prepared baking powder imports stood at $X in 2022. Overall, imports, however, enjoyed noticeable growth. The growth pace was the most rapid in 2020 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

In 2022, Poland (X tons) represented the main importer of prepared baking powders, creating X% of total imports. It was distantly followed by Ukraine (X tons), Russia (X tons), the Czech Republic (X tons), Belarus (X tons) and Hungary (X tons), together committing a X% share of total imports. Slovakia (X tons) took a little share of total imports.

Poland was also the fastest-growing in terms of the prepared baking powders imports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%), Hungary (X%), the Czech Republic (X%) and Ukraine (X%) displayed positive paces of growth. Slovakia experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Slovakia, Ukraine and Russia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported prepared baking powders in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

In Poland, prepared baking powder imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 the Czech Republic ($X per ton), while Hungary ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform