Eastern Europe: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in Eastern Europe

The East European adhesive dressings market declined to $X in 2021, reducing by -6.1% against the previous year. In general, consumption, however, continues to indicate significant growth. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Adhesive Dressings Production in Eastern Europe

In value terms, adhesive dressings production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, showed significant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 3,779% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Adhesive Dressings Exports

Exports in Eastern Europe

For the tenth consecutive year, Eastern Europe recorded growth in shipments abroad of adhesive dressings or similar articles, which increased by 0.5% to X tons in 2021. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 35%. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, adhesive dressings exports expanded markedly to $X in 2021. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 46%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, Hungary (X tons) represented the main exporter of adhesive dressings or similar articles, making up 50% of total exports. The Czech Republic (X tons) took the second position in the ranking, distantly followed by Poland (X tons). All these countries together held approx. 38% share of total exports. The following exporters - Slovakia (X tons), Russia (X tons), Latvia (X tons) and Lithuania (X tons) - together made up 9.7% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lithuania (with a CAGR of +33.5%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) remains the largest adhesive dressings supplier in Eastern Europe, comprising 61% of total exports. The second position in the ranking was taken by Poland ($X), with a 20% share of total exports. It was followed by the Czech Republic, with a 12% share.

In Hungary, adhesive dressings exports expanded at an average annual rate of +21.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+8.5% per year) and the Czech Republic (+18.8% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, picking up by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2013 when the export price increased by 23% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+10.5%), while the other leaders experienced more modest paces of growth.

Adhesive Dressings Imports

Imports in Eastern Europe

In 2021, supplies from abroad of adhesive dressings or similar articles decreased by -2.4% to X tons, falling for the second year in a row after eight years of growth. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -8.5% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 21% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, adhesive dressings imports expanded notably to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.2% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Poland (X tons), Russia (X tons), Hungary (X tons), the Czech Republic (X tons), Romania (X tons) and Slovakia (X tons) was the main importer of adhesive dressings or similar articles in Eastern Europe, committing 86% of total import. It was distantly followed by Ukraine (X tons), committing a 4.7% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +19.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Russia ($X) were the countries with the highest levels of imports in 2021, with a combined 58% share of total imports. The Czech Republic, Slovakia, Ukraine and Romania lagged somewhat behind, together accounting for a further 32%.

Slovakia, with a CAGR of +19.1%, saw the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Eastern Europe stood at $X per ton in 2021, growing by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 an increase of 12% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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