Eastern Europe: Fluoropolymers Market 2024

Fluoropolymers Market Size in Eastern Europe

In 2021, the East European fluoropolymers market decreased by -18.9% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded a pronounced downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Fluoropolymers Production in Eastern Europe

In value terms, fluoropolymers production rose remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2016 with an increase of 26% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Fluoropolymers Exports

Exports in Eastern Europe

In 2021, the amount of fluoropolymers exported in Eastern Europe expanded slightly to X tons, surging by 3.3% against 2020 figures. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% 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 +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 36%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, fluoropolymers exports skyrocketed to $X in 2021. Overall, exports saw a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of 59%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was near 95% of total exports in 2021. Poland (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +5.0% from 2012 to 2021. At the same time, Poland (+20.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +20.2% from 2012-2021. While the share of Poland (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-3.2 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest fluoropolymers supplier in Eastern Europe, comprising 89% of total exports. The second position in the ranking was taken by Poland ($X), with a 4.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to +3.2%.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 38% against the previous year. In general, the export price, however, continues to indicate a slight decline. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.8%).

Fluoropolymers Imports

Imports in Eastern Europe

In 2021, imports of fluoropolymers in Eastern Europe soared to X tons, increasing by 42% compared with the previous year. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 45%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, fluoropolymers imports surged to $X in 2021. Overall, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons) and Romania (X tons) represented roughly 57% of total imports in 2021. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Hungary (X tons) and Bulgaria (X tons), together committing a 38% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +27.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported fluoropolymers in Eastern Europe, comprising 43% of total imports. The second position in the ranking was taken by Russia ($X), with an 18% share of total imports. It was followed by Romania, with a 15% share.

In Poland, fluoropolymers imports increased at an average annual rate of +31.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Russia (+5.3% per year) and Romania (+7.2% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, increasing by 20% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 22%. 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 by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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