Eastern Europe: Safety Glass Market 2024

Safety Glass Market Size in Eastern Europe

The East European safety glass market contracted to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Safety Glass Production in Eastern Europe

In value terms, safety glass production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in years to come.

Safety Glass Exports

Exports in Eastern Europe

In 2022, approx. X square meters of safety glass were exported in Eastern Europe; which is down by X% against the previous year. Total exports indicated a resilient expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X square meters in 2021, and then declined in the following year.

In value terms, safety glass exports contracted modestly to $X in 2022. The total export 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 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Poland (X square meters) represented the main exporter of safety glass, constituting X% of total exports. It was distantly followed by the Czech Republic (X square meters), Hungary (X square meters), Bulgaria (X square meters), Romania (X square meters) and Russia (X square meters), together mixing up a X% share of total exports. Estonia (X square meters) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Russia (X%), Bulgaria (X%), the Czech Republic (X%), Hungary (X%) and Estonia (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. While the share of Romania (X p.p.), Russia (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) and Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest safety glass supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total exports. Romania, Bulgaria, Estonia and Russia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Romania, 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 2022, the export price in Eastern Europe amounted to $X per square meter, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Safety Glass Imports

Imports in Eastern Europe

Safety glass imports shrank to X square meters in 2022, declining by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, safety glass imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X square meters), the Czech Republic (X square meters), Slovakia (X square meters), Romania (X square meters) and Hungary (X square meters) represented roughly X% of total imports in 2022. It was distantly followed by Russia (X square meters) and Lithuania (X square meters), together constituting a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass importing markets in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Poland ($X), with a combined X% share of total imports. Hungary, Romania, Russia and Lithuania lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw 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

In 2022, the import price in Eastern Europe amounted to $X per square meter, reducing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. 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 attained the peak figure at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per square meter), while Lithuania ($X per square meter) 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

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