Eastern Europe: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2024

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Eastern Europe

The East European market for pulley tackle and hoists powered by an electric motor amounted to $X in 2022, with an increase of X% against the previous year. 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. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Pulley Tackle And Hoists Powered By An Electric Motor in Eastern Europe

In value terms, production of pulley tackle and hoists powered by an electric motor expanded remarkably 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 remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production of reached the peak level in 2022 and is likely to see steady growth in years to come.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports in Eastern Europe

In 2022, overseas shipments of pulley tackle and hoists powered by an electric motor increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pulley tackle and hoists powered by an electric motor expanded remarkably to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic represented the largest exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Bulgaria (X units), Poland (X units) and Russia (X units), together mixing up a X% share of total exports. Lithuania (X units) held a little share of total exports.

The Czech Republic was also the fastest-growing in terms of the pulley tackle and hoists powered by an electric motor exports, with a CAGR of X% from 2012 to 2022. At the same time, Lithuania (X%), Poland (X%) and Russia (X%) displayed positive paces of growth. By contrast, Bulgaria (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Russia 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, Bulgaria ($X) remains the largest pulley tackle and hoists powered by an electric motor supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with an X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Bulgaria, exports of pulley tackle and hoists powered by an electric motor remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports in Eastern Europe

In 2022, supplies from abroad of pulley tackle and hoists powered by an electric motor increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pulley tackle and hoists powered by an electric motor reduced to $X in 2022. Total imports indicated mild growth 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. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Russia (X units) was the major importer of pulley tackle and hoists powered by an electric motor, creating X% of total imports. The Czech Republic (X units) held the second position in the ranking, followed by Poland (X units), Ukraine (X units), Slovakia (X units) and Hungary (X units). All these countries together held approx. X% share of total imports. Romania (X units) took a relatively small share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%), Slovakia (X%), Romania (X%), Ukraine (X%) and Poland (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Slovakia (X p.p.), Hungary (X p.p.), Ukraine (X p.p.), Poland (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Czech Republic (X p.p.) and Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X), the Czech Republic ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Hungary, Slovakia, Romania and Ukraine lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 2022, shrinking by X% against the previous year. Overall, the import price, however, recorded mild growth. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

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

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

Source: IndexBox Platform