Eastern Europe: Container Market 2024

Container Market Size in Eastern Europe

In 2022, the East European container market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a noticeable expansion 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. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Container Production in Eastern Europe

In value terms, container production rose 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 consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. 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 2019; afterwards, it flattened through to 2022.

Container Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was decline in shipments abroad of tanks, casks, drums, cans, boxes and similar containers, when their volume decreased by X% to X units. Total exports indicated pronounced growth 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 2012 indices. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted slightly in the following year.

In value terms, container exports expanded sharply to $X in 2022. Total exports indicated a prominent expansion 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 2015 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland (X units) and the Czech Republic (X units) represented roughly X% of total exports in 2022. It was distantly followed by Russia (X units), Slovakia (X units) and Hungary (X units), together generating a X% share of total exports. The following exporters - Romania (X units) and Estonia (X units) - each amounted to a X% share of total exports.

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

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

Among the main exporting countries, Russia, 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

The export price in Eastern Europe stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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 the Czech Republic ($X per unit), while Russia ($X per unit) 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.

Container Imports

Imports in Eastern Europe

In 2022, after ten years of growth, there was significant decline in purchases abroad of tanks, casks, drums, cans, boxes and similar containers, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, container imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, Poland (X units) was the main importer of tanks, casks, drums, cans, boxes and similar containers, constituting X% of total imports. Hungary (X units) held the second position in the ranking, followed by the Czech Republic (X units), Romania (X units), Russia (X units) and Lithuania (X units). All these countries together took approx. X% share of total imports. Estonia (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to container imports into Poland stood at X%. At the same time, Lithuania (X%), Romania (X%), the Czech Republic (X%), Hungary (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Romania (X p.p.), the Czech Republic (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Poland (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported tanks, casks, drums, cans, boxes and similar containers in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland totaled X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Russia ($X per unit), while Romania ($X per unit) 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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