Eastern Europe: Travel Set Market 2024

Travel Set Market Size in Eastern Europe

The East European travel set market soared to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Travel Set Production in Eastern Europe

In value terms, travel set production surged to $X in 2022 estimated in export price. Over the period under review, production saw resilient growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Travel Set Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of travel sets, when their volume decreased by X% to X units. In general, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, travel set exports declined rapidly to $X in 2022. Over the period under review, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced dramatically in the following year.

Exports by Country

In 2022, the Czech Republic (X units), Russia (X units) and Poland (X units) represented the key exporter of travel sets in Eastern Europe, creating X% of total export. It was distantly followed by Lithuania (X units), comprising a X% share of total exports. The following exporters - Romania (X units), Belarus (X units) and Slovakia (X units) - together made up X% of total exports.

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

In value terms, the Czech Republic ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 unit in 2022, picking up by X% against the previous year. Overall, the export price showed resilient growth. The pace of growth appeared the most rapid in 2018 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 Lithuania ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Travel Set Imports

Imports in Eastern Europe

In 2022, travel set imports in Eastern Europe soared to X units, picking up by X% against 2021 figures. Total imports indicated a notable 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 volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, travel set imports skyrocketed to $X in 2022. Total imports indicated resilient 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 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia was the major importer of travel sets in Eastern Europe, with the volume of imports amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Moldova (X units) and Poland (X units), together achieving a X% share of total imports. Slovakia (X units), Belarus (X units), Romania (X units) and Hungary (X units) followed a long way behind the leaders.

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

In value terms, the largest travel set importing markets in Eastern Europe were Poland ($X), Russia ($X) and Romania ($X), with a combined X% share of total imports. Hungary, Moldova, Slovakia and Belarus lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Moldova, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 unit, falling by X% against the previous year. Import price indicated notable growth 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, travel set import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per unit), while Belarus ($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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