Eastern Europe: Stone Polishing Machine Market 2025

Stone Polishing Machine Market Size in Eastern Europe

In 2022, after two years of decline, there was significant growth in the East European stone polishing machine market, when its value increased by 94% to $X. Over the period under review, consumption showed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Stone Polishing Machine Production in Eastern Europe

In value terms, stone polishing machine production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 10%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Stone Polishing Machine Exports

Exports in Eastern Europe

In 2022, approx. X units of grinding or polishing machines for working stone, ceramics and concrete were exported in Eastern Europe; growing by 78% compared with the year before. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 182%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, stone polishing machine exports reached $X in 2022. Over the period under review, exports posted a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 54%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Poland (X units) and Bulgaria (X units) dominates exports structure, together mixing up 95% of total exports. Belarus (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +41.7%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X) remains the largest stone polishing machine supplier in Eastern Europe, comprising 64% of total exports. The second position in the ranking was taken by Poland ($X), with a 19% share of total exports.

In Bulgaria, stone polishing machine exports expanded at an average annual rate of +33.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+14.7% per year) and Belarus (-8.3% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, shrinking by -39.4% against the previous year. Overall, the export price faced a deep reduction. The growth pace was the most rapid in 2016 when the export price increased by 43%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Bulgaria ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (-1.3%), while the other leaders experienced a decline in the export price figures.

Stone Polishing Machine Imports

Imports in Eastern Europe

In 2022, purchases abroad of grinding or polishing machines for working stone, ceramics and concrete increased by 107% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2014 with an increase of 335%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, stone polishing machine imports skyrocketed to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 78%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia represented the main importer of grinding or polishing machines for working stone, ceramics and concrete in Eastern Europe, with the volume of imports recording X units, which was approx. 64% of total imports in 2022. Poland (X units) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Romania (9.1%). The following importers - Belarus (X units), Slovakia (X units), the Czech Republic (X units) and Hungary (X units) - each accounted for a 7.1% share of total imports.

Imports into Russia increased at an average annual rate of +10.6% from 2012 to 2022. At the same time, Poland (+14.1%), Romania (+9.1%), Hungary (+8.2%), Belarus (+4.6%) and the Czech Republic (+2.7%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +14.1% from 2012-2022. By contrast, Slovakia (-10.5%) illustrated a downward trend over the same period. While the share of Russia (+9.2 p.p.) and Poland (+5.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Slovakia (-11 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported grinding or polishing machines for working stone, ceramics and concrete in Eastern Europe, comprising 52% of total imports. The second position in the ranking was held by Poland ($X), with a 14% share of total imports. It was followed by Slovakia, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+0.3% per year) and Slovakia (+27.8% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, declining by -38.4% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2015 when the import price increased by 97%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 Slovakia (+42.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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