Eastern Europe: Market for Welded And Cold-Formed Sections Of Steel 2024

Market Size for Welded And Cold-Formed Sections Of Steel in Eastern Europe

The East European market for welded and cold-formed sections of steel reached $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Welded And Cold-Formed Sections Of Steel in Eastern Europe

In value terms, welded and cold-formed steel sections production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Welded And Cold-Formed Sections Of Steel

Exports in Eastern Europe

Welded and cold-formed steel sections exports shrank remarkably to X tons in 2022, declining by X% against the year before. Overall, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, welded and cold-formed steel sections exports declined slightly to $X in 2022. Total exports 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, 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 fell modestly in the following year.

Exports by Country

Poland represented the key exporting country with an export of around X tons, which finished at X% of total exports. Bulgaria (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Romania (X%) and Russia (X%). The following exporters - the Czech Republic (X tons), Estonia (X tons) and Lithuania (X tons) - together made up X% of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Bulgaria (X%), Lithuania (X%), Estonia (X%), Romania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Bulgaria and Lithuania increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest welded and cold-formed steel sections supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Imports of Welded And Cold-Formed Sections Of Steel

Imports in Eastern Europe

In 2022, welded and cold-formed steel sections imports in Eastern Europe expanded notably to X tons, picking up by X% compared with the previous year's figure. Overall, imports, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, welded and cold-formed steel sections imports expanded sharply to $X in 2022. Over the period under review, imports, however, showed a mild descent. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Bulgaria (X tons) and Romania (X tons) represented roughly X% of total imports in 2022. Poland (X tons) took the next position in the ranking, followed by Russia (X tons). All these countries together took approx. X% share of total imports. The following importers - Slovakia (X tons) and Hungary (X tons) - together made up X% of total imports.

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

In value terms, the largest welded and cold-formed steel sections importing markets in Eastern Europe were the Czech Republic ($X), Bulgaria ($X) and Poland ($X), together accounting for X% of total imports.

In terms of the main importing countries, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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