Eastern Europe: Extruded Rod Market 2022

Extruded Rod Market Size in Eastern Europe

The East European extruded rod market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, recorded a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Extruded Rod Production in Eastern Europe

In value terms, extruded rod production totaled $X in 2021 estimated in export price. Overall, production, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports in Eastern Europe

Extruded rod exports rose remarkably to X tons in 2021, with an increase of X% on the previous year's figure. Over the period under review, exports, however, continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, extruded rod exports soared to $X in 2021. In general, exports, however, recorded a slight downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) and Lithuania (X tons) were the main exporters of extruded rods and profile shapes of cellular vulcanised rubber in 2021, resulting at approx. X% and X% of total exports, respectively. Slovakia (X tons) ranks next in terms of the total exports with a X% share, followed by Russia (X%). The Czech Republic (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest extruded rod supplying countries in Eastern Europe were Poland ($X), Lithuania ($X) and Slovakia ($X), together comprising X% of total exports.

Among the main exporting countries, Slovakia, with a CAGR of +X%, saw the highest growth rate of 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 ton in 2021, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Lithuania (+X%), while the other leaders experienced a decline in the export price figures.

Extruded Rod Imports

Imports in Eastern Europe

In 2021, imports of extruded rods and profile shapes of cellular vulcanised rubber in Eastern Europe expanded remarkably to X tons, growing by X% on 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, extruded rod imports skyrocketed to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

The purchases of the three major importers of extruded rods and profile shapes of cellular vulcanised rubber, namely Poland, Russia and Lithuania, represented more than two-thirds of total import. Slovakia (X tons) took the next position in the ranking, followed by the Czech Republic (X tons) and Romania (X tons). All these countries together held near X% share of total imports. Belarus (X tons) and Hungary (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Lithuania ($X) were the countries with the highest levels of imports in 2021, with a combined X% share of total imports. Slovakia, the Czech Republic, Romania, Hungary and Belarus lagged somewhat behind, together accounting for a further X the main importing countries, Romania, with a CAGR of +X%, recorded 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

The import price in Eastern Europe stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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