Eastern Europe: Prepared Drier Market 2024

Prepared Drier Market Size in Eastern Europe

The East European prepared drier market rose markedly to $X in 2023, growing by X% against the previous year. Overall, consumption, however, recorded a mild shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Prepared Drier Production in Eastern Europe

In value terms, prepared drier production expanded markedly to $X in 2023 estimated in export price. Overall, production, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Prepared Drier Exports

Exports in Eastern Europe

Prepared drier exports declined to X tons in 2023, which is down by X% compared with the previous year. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, prepared drier exports reduced to $X in 2023. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Poland (X tons), distantly followed by the Czech Republic (X tons), Russia (X tons), Bulgaria (X tons) and Romania (X tons) were the major exporters of prepared driers, together creating X% of total exports. The following exporters - Lithuania (X tons) and Estonia (X tons) - each finished at an X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Romania, Bulgaria, Estonia and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Bulgaria, with a CAGR of X%, 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 2023, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Export price indicated a perceptible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, prepared drier export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Prepared Drier Imports

Imports in Eastern Europe

In 2023, after three years of decline, there was growth in purchases abroad of prepared driers, when their volume increased by X% to X tons. Over the period under review, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, prepared drier imports rose rapidly to $X in 2023. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Russia (X tons), Poland (X tons) and Romania (X tons) was the largest importer of prepared driers in Eastern Europe, comprising X% of total import. Ukraine (X tons) held the next position in the ranking, followed by the Czech Republic (X tons). All these countries together held near X% share of total imports. The following importers - Estonia (X tons) and Bulgaria (X tons) - each reached an X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest prepared drier importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), together comprising X% of total imports. Ukraine, the Czech Republic, Bulgaria and Estonia lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded 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 ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2023 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Ukraine ($X per ton) and Bulgaria ($X per ton), while Russia ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2023, 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