Eastern Europe: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Eastern Europe

The East European coated arc-welding electrode market rose rapidly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Coated Arc-Welding Electrode Production in Eastern Europe

In value terms, coated arc-welding electrode production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a slight setback. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Coated Arc-Welding Electrode Exports

Exports in Eastern Europe

In 2022, shipments abroad of coated base metal electrodes for electric arc-welding decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coated arc-welding electrode exports contracted rapidly to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

The biggest shipments were from Hungary (X tons), Belarus (X tons), the Czech Republic (X tons), Russia (X tons) and Romania (X tons), together amounting to X% of total export. It was distantly followed by Ukraine (X tons), creating a X% share of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest coated arc-welding electrode supplying countries in Eastern Europe were the Czech Republic ($X), Romania ($X) and Belarus ($X), together accounting for X% of total exports.

Belarus, 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

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Coated Arc-Welding Electrode Imports

Imports in Eastern Europe

In 2022, coated arc-welding electrode imports in Eastern Europe shrank to X tons, dropping by X% on the previous year. Over the period under review, imports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, coated arc-welding electrode imports shrank notably to $X in 2022. Overall, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) represented the main importer of coated base metal electrodes for electric arc-welding, achieving X% of total imports. It was distantly followed by the Czech Republic (X tons), comprising a X% share of total imports. The following importers - Romania (X tons), Poland (X tons), Belarus (X tons), Bulgaria (X tons) and Lithuania (X tons) - together made up X% of total imports.

Russia was also the fastest-growing in terms of the coated base metal electrodes for electric arc-welding imports, with a CAGR of X% from 2012 to 2022. At the same time, Bulgaria (X%) displayed positive paces of growth. Lithuania experienced a relatively flat trend pattern. By contrast, Romania (X%), Poland (X%), the Czech Republic (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest coated arc-welding electrode importing markets in Eastern Europe were Russia ($X), the Czech Republic ($X) and Poland ($X), with a combined X% share of total imports. Romania, Lithuania, Bulgaria and Belarus lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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