Eastern Europe: Quinones Market 2024

Quinones Market Size in Eastern Europe

In 2022, the East European quinones market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Quinones Production in Eastern Europe

In value terms, quinones production reached $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. 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 in 2020; however, from 2021 to 2022, production remained at a lower figure.

Quinones Exports

Exports in Eastern Europe

In 2022, approx. X tons of quinones were exported in Eastern Europe; increasing by X% compared with the year before. In general, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, quinones exports skyrocketed to $X in 2022. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Russia (X tons) represented the main exporter of quinones, constituting X% of total exports. The Czech Republic (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%). Bulgaria (X kg) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X) emerged as the largest quinones supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

In the Czech Republic, quinones exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Bulgaria ($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 mixed trends in the export price figures.

Quinones Imports

Imports in Eastern Europe

In 2022, overseas purchases of quinones increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, quinones imports surged to $X in 2022. In general, imports, however, showed a deep reduction. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Poland was the main importer of quinones in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Hungary (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%). The following importers - Belarus (X tons), the Czech Republic (X tons), Estonia (X tons) and Romania (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to quinones imports into Poland stood at X%. At the same time, Hungary (X%), Belarus (X%) and Estonia (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, Romania (X%), Russia (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Poland (X p.p.), Hungary (X p.p.), Belarus (X p.p.) and Estonia (X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic 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, Hungary ($X) constitutes the largest market for imported quinones in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

In Hungary, quinones imports 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: Poland (X% per year) and Estonia (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price 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, quinones import price increased by X% against 2020 indices. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 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 Estonia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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