Eastern Europe: Cored Arc-Welding Wire Market 2025

Cored Arc-Welding Wire Market Size in Eastern Europe

The East European cored arc-welding wire market contracted to $X in 2021, reducing by -5.4% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Cored Arc-Welding Wire Production in Eastern Europe

In value terms, cored arc-welding wire production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 26%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Cored Arc-Welding Wire Exports

Exports in Eastern Europe

In 2021, cored arc-welding wire exports in Eastern Europe rose sharply to X tons, picking up by 13% against the year before. Overall, exports, however, showed a noticeable setback. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, cored arc-welding wire exports skyrocketed to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) represented roughly 81% of total exports in 2021. It was distantly followed by Romania (X tons), achieving a 12% share of total exports. Slovakia (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +19.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Poland ($X), the Czech Republic ($X) and Romania ($X) were the countries with the highest levels of exports in 2021, together accounting for 88% of total exports. Slovakia lagged somewhat behind, accounting for a further 6.1%.

Slovakia, with a CAGR of +20.8%, recorded the highest growth rate of 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

The export price in Eastern Europe stood at $X per ton in 2021, growing by 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 when the export price increased by 20%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.4%), while the other leaders experienced more modest paces of growth.

Cored Arc-Welding Wire Imports

Imports in Eastern Europe

In 2021, overseas purchases of cored arc-welding wire increased by 8.2% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a mild decline. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cored arc-welding wire imports skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 22% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Czech Republic (X tons), Russia (X tons) and Poland (X tons) represented the main importer of cored arc-welding wire in Eastern Europe, generating 67% of total import. Romania (X tons) ranks next in terms of the total imports with a 9% share, followed by Slovakia (9%) and Lithuania (5.4%). Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +12.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cored arc-welding wire importing markets in Eastern Europe were Russia ($X), the Czech Republic ($X) and Poland ($X), with a combined 69% share of total imports. These countries were followed by Slovakia, Romania, Lithuania and Hungary, which together accounted for a further 24%.

Lithuania, with a CAGR of +11.7%, saw the highest growth rate of 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 9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 when the import price increased by 16% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 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 Russia ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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