Eastern Europe: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Eastern Europe

The East European pyrotechnic articles market shrank slightly to $X in 2022, flattening at the previous year. Overall, consumption, however, continues to indicate a noticeable slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pyrotechnic Articles Production in Eastern Europe

In value terms, pyrotechnic articles production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Pyrotechnic Articles Exports

Exports in Eastern Europe

In 2022, exports of signalling flares, rain rockets, fog signals and other pyrotechnic articles in Eastern Europe reduced to X tons, dropping by X% compared with 2021 figures. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, pyrotechnic articles exports expanded significantly to $X in 2022. Total exports indicated a measured 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. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Czech Republic (X tons) and Russia (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Bulgaria (X tons), constituting a X% share of total exports. Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X) remains the largest pyrotechnic articles supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

In the Czech Republic, pyrotechnic articles exports expanded 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: Bulgaria (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, with an increase of X% against the previous year. Overall, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Russia ($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.

Pyrotechnic Articles Imports

Imports in Eastern Europe

In 2022, overseas purchases of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by X% to X tons, rising for the second consecutive year after two years of decline. 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 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pyrotechnic articles imports contracted slightly to $X in 2022. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced slightly in the following year.

Imports by Country

In 2022, Latvia (X tons), distantly followed by Slovakia (X tons), the Czech Republic (X tons), Poland (X tons), Lithuania (X tons), Moldova (X tons) and Romania (X tons) represented the largest importers of signalling flares, rain rockets, fog signals and other pyrotechnic articles, together achieving X% of total imports.

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

In value terms, Slovakia ($X), Moldova ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Slovakia, 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

In 2022, the import price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Source: IndexBox Platform

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