Eastern Europe: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in Eastern Europe

The East European unwrought tin alloys market skyrocketed to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a perceptible reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Unwrought Tin Alloys Production in Eastern Europe

In value terms, unwrought tin alloys production rose remarkably to $X in 2023 estimated in export price. Overall, production, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Unwrought Tin Alloys Exports

Exports in Eastern Europe

In 2023, shipments abroad of unwrought tin alloys decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2022, and then fell significantly in the following year.

In value terms, unwrought tin alloys exports contracted sharply to $X in 2023. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then dropped rapidly in the following year.

Exports by Country

Hungary represented the largest exporter of unwrought tin alloys in Eastern Europe, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Russia (X tons), committing a X% share of total exports. Romania (X tons) followed a long way behind the leaders.

Hungary was also the fastest-growing in terms of the unwrought tin alloys exports, with a CAGR of X% from 2012 to 2023. At the same time, Russia (X%) displayed positive paces of growth. By contrast, Romania (X%) illustrated a downward trend over the same period. While the share of Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) and Romania (X p.p.) displayed negative dynamics.

In value terms, Hungary ($X) remains the largest unwrought tin alloys supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

In Hungary, unwrought tin alloys exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Romania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced mixed trends in the export price figures.

Unwrought Tin Alloys Imports

Imports in Eastern Europe

In 2023, supplies from abroad of unwrought tin alloys was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, unwrought tin alloys imports skyrocketed to $X in 2023. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.

Imports by Country

Poland dominates imports structure, amounting to X tons, which was near X% of total imports in 2023. The Czech Republic (X tons) took the second position in the ranking, followed by Hungary (X tons). All these countries together held approx. X% share of total imports. Latvia (X tons), Romania (X tons), Bulgaria (X tons) and Belarus (X tons) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the unwrought tin alloys imports, with a CAGR of X% from 2012 to 2023. At the same time, Hungary (X%) displayed positive paces of growth. By contrast, Belarus (X%), Latvia (X%), the Czech Republic (X%), Romania (X%) and Bulgaria (X%) illustrated a downward trend over the same period. Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus, Hungary, Romania, Latvia, Bulgaria and the Czech Republic saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2023, respectively.

In value terms, Poland ($X) constitutes the largest market for imported unwrought tin alloys in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland totaled X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Hungary (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, rising by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, unwrought tin alloys import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform