Eastern Europe: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Eastern Europe

The East European electric soldering iron market fell modestly to $X in 2022, approximately reflecting the previous year. Overall, consumption saw a noticeable downturn. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Electric Soldering Iron Production in Eastern Europe

In value terms, electric soldering iron production fell significantly to $X in 2022 estimated in export price. Overall, production, however, saw a resilient expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Electric Soldering Iron Exports

Exports in Eastern Europe

In 2022, exports of electric soldering irons and guns in Eastern Europe expanded rapidly to X units, growing by X% compared with the previous year's figure. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, electric soldering iron exports shrank to $X in 2022. Over the period under review, exports saw resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, the Czech Republic (X units) and Poland (X units) represented the main exporters of electric soldering irons and guns in Eastern Europe, together amounting to approx. X% of total exports. Belarus (X units) held the next position in the ranking, followed by Hungary (X units) and Russia (X units). All these countries together took approx. X% share of total exports. Slovakia (X units) and Lithuania (X units) took a little share of total exports.

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

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Russia, Slovakia, Belarus and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Belarus, with a CAGR of X%, 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

The export price in Eastern Europe stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Electric Soldering Iron Imports

Imports in Eastern Europe

In 2022, overseas purchases of electric soldering irons and guns decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, electric soldering iron imports dropped slightly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

Russia was the main importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Poland (X units) and Belarus (X units), together constituting a X% share of total imports. Ukraine (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electric soldering iron imports into Russia stood at X%. At the same time, Belarus (X%) and Poland (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Poland (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric soldering iron importing markets in Eastern Europe were Poland ($X), Russia ($X) and Ukraine ($X), together accounting for X% of total imports. These countries were followed by Belarus, which accounted for a further X%.

Among the main importing countries, Belarus, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 unit, approximately reflecting the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, 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 Ukraine ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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