Eastern Europe: Electric Heating Resistor Market 2025

Electric Heating Resistor Market Size in Eastern Europe

The East European electric heating resistor market shrank slightly to $X in 2021, waning by -3.2% against the previous year. The total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +3.3% against 2019 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Electric Heating Resistor Production in Eastern Europe

In value terms, electric heating resistor production skyrocketed to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Electric Heating Resistor Exports

Exports in Eastern Europe

Electric heating resistor exports surged to X units in 2021, growing by 21% compared with 2020 figures. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% 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 +16.8% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric heating resistor exports soared to $X in 2021. The total export value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X units) and Romania (X units) prevails in exports structure, together mixing up 76% of total exports. The Czech Republic (X units) ranks next in terms of the total exports with a 6.9% share, followed by Hungary (5.2%) and Russia (4.9%). The following exporters - Belarus (X units) and Ukraine (X units) - together made up 5.3% 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 Belarus (with a CAGR of +21.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest electric heating resistor supplying countries in Eastern Europe were Poland ($X), Romania ($X) and Hungary ($X), together accounting for 79% of total exports.

Among the main exporting countries, Poland, with a CAGR of +10.1%, recorded 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 unit, with an increase of 1.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 12% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.7%), while the other leaders experienced more modest paces of growth.

Electric Heating Resistor Imports

Imports in Eastern Europe

Electric heating resistor imports soared to X units in 2021, jumping by 41% on the year before. Overall, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric heating resistor imports soared to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.1% 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 +14.5% against 2018 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 units) represented the main importer of electric heating resistors, creating 48% of total imports. Poland (X units) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Romania (10%) and the Czech Republic (10%). Hungary (X units), Slovakia (X units) and Belarus (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electric heating resistor imports into Russia stood at +15.2%. At the same time, Belarus (+16.4%), Romania (+13.3%), Slovakia (+8.7%), the Czech Republic (+7.1%) and Poland (+3.2%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +16.4% from 2012-2021. By contrast, Hungary (-1.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia and Romania increased by +18 and +2.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 64% share of total imports. These countries were followed by Romania, Hungary, Slovakia and Belarus, which together accounted for a further 27%.

Romania, with a CAGR of +15.8%, recorded 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 unit in 2021, which is down by -14.5% against the previous year. In general, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of 4.5% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :