Eastern Europe: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Eastern Europe

The East European market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded notably to $X in 2021, picking up by 9.4% against the previous year. Over the period under review, consumption posted a remarkable increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Eastern Europe

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X in 2021 estimated in export price. Over the period under review, production posted strong growth. The growth pace was the most rapid in 2016 with an increase of 56%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Eastern Europe

In 2021, the amount of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported in Eastern Europe surged to X tons, jumping by 15% against the year before. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +106.1% against 2012 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 22%. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the Czech Republic (X tons), Russia (X tons), Belarus (X tons) and Hungary (X tons) represented the key exporter of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Eastern Europe, constituting 88% of total export. It was distantly followed by Latvia (X tons), creating a 6.3% 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 Belarus (with a CAGR of +57.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplying countries in Eastern Europe were the Czech Republic ($X), Russia ($X) and Hungary ($X), with a combined 64% share of total exports. Latvia, Belarus and Slovakia lagged somewhat behind, together accounting for a further 30%.

Belarus, with a CAGR of +73.3%, saw 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 2021, the export price in Eastern Europe amounted to $X per ton, picking up by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+10.4%), while the other leaders experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Eastern Europe

In 2021, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Eastern Europe surged to X tons, growing by 24% against 2020 figures. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $X in 2021. Total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.2% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) represented the main importer of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, comprising 38% of total imports. Slovakia (X tons) took the second position in the ranking, followed by Poland (X tons), Lithuania (X tons), the Czech Republic (X tons) and Latvia (X tons). All these countries together took near 50% share of total imports. Ukraine (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imports into Russia stood at -2.7%. At the same time, Latvia (+20.1%), Slovakia (+18.3%), Lithuania (+15.2%), Poland (+14.1%), Ukraine (+11.9%) and the Czech Republic (+5.1%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +20.1% from 2012-2021. From 2012 to 2021, the share of Slovakia, Poland, Lithuania, Latvia, Ukraine and the Czech Republic increased by +11, +7.7, +6.1, +3.7, +1.9 and +1.5 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Eastern Europe, comprising 28% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total imports. It was followed by Slovakia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -2.7%. In the other countries, the average annual rates were as follows: the Czech Republic (+10.7% per year) and Slovakia (+12.5% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 9.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($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 (+5.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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