Eastern Europe: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Eastern Europe

In 2021, the East European activated natural mineral products market decreased by -5.9% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption showed a pronounced curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Activated Natural Mineral Products in Eastern Europe

In value terms, activated natural mineral products production declined modestly to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible shrinkage. The growth pace was the most rapid in 2019 when the production volume increased by 18%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Activated Natural Mineral Products

Exports in Eastern Europe

In 2021, exports of activated natural mineral products in Eastern Europe expanded rapidly to X tons, increasing by 12% on the previous year. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 131%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, activated natural mineral products exports shrank slightly to $X in 2021. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 45% against the previous year. The level of export peaked at $X in 2020, and then fell modestly in the following year.

Exports by Country

In 2021, Hungary (X tons), Poland (X tons) and Russia (X tons) represented the major exporter of activated natural mineral products in Eastern Europe, constituting 86% of total export. It was distantly followed by the Czech Republic (X tons), achieving a 10% share of total exports. Ukraine (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of +20.8%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 75% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +16.4%, 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

In 2021, the export price in Eastern Europe amounted to $X per ton, falling by -11.6% against the previous year. In general, the export price, however, recorded a temperate increase. The pace of growth appeared the most rapid in 2016 when the export price increased by 62% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+12.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Activated Natural Mineral Products

Imports in Eastern Europe

In 2021, the amount of activated natural mineral products imported in Eastern Europe contracted dramatically to X tons, declining by -20.3% on the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 39%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, activated natural mineral products imports shrank modestly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Ukraine represented the major importing country with an import of about X tons, which finished at 73% of total imports. It was distantly followed by Russia (X tons), constituting a 14% share of total imports. Poland (X tons), Belarus (X tons), the Czech Republic (X tons) and Hungary (X tons) followed a long way behind the leaders.

Ukraine experienced a relatively flat trend pattern with regard to volume of imports of activated natural mineral products. At the same time, Belarus (+8.3%), the Czech Republic (+6.5%) and Poland (+1.2%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +8.3% from 2012-2021. Hungary experienced a relatively flat trend pattern. By contrast, Russia (-3.5%) illustrated a downward trend over the same period. While the share of Russia (-4.2 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported activated natural mineral products in Eastern Europe, comprising 39% of total imports. The second position in the ranking was held by Ukraine ($X), with an 18% share of total imports. It was followed by Poland, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at -1.9%. The remaining importing countries recorded the following average annual rates of imports growth: Ukraine (-3.8% per year) and Poland (+3.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, jumping by 23% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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