Eastern Europe: Wood Tool Market 2024

Wood Tool Market Size in Eastern Europe

The East European wood tool market expanded significantly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, recorded a slight decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Wood Tool Production in Eastern Europe

In value terms, wood tool production reached $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Wood Tool Exports

Exports in Eastern Europe

In 2022, approx. X tons of tools of wood were exported in Eastern Europe; dropping by X% against 2021. The total export 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 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, wood tool exports dropped to $X in 2022. Total exports indicated a prominent 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 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

In 2022, Ukraine (X tons), distantly followed by Slovakia (X tons), Poland (X tons), the Czech Republic (X tons), Russia (X tons) and Romania (X tons) were the major exporters of tools of wood, together committing X% of total exports. Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and Ukraine ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. The Czech Republic, Romania, Russia and Latvia lagged somewhat behind, together comprising a further X%.

Latvia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries 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 ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

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

Wood Tool Imports

Imports in Eastern Europe

In 2022, the amount of tools of wood imported in Eastern Europe fell modestly to X tons, which is down by X% on the year before. Total imports indicated a strong 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 decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood tool imports dropped modestly to $X in 2022. Total imports indicated strong 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 2013 indices. The pace of growth appeared 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 fell modestly in the following year.

Imports by Country

Romania (X tons), the Czech Republic (X tons), Poland (X tons) and Hungary (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Slovakia (X tons), Moldova (X tons) and Belarus (X tons), together comprising a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Hungary, with a CAGR of X%, saw the highest growth rate of 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, approximately equating the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 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 Slovakia ($X per ton), while Moldova ($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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