Eastern Europe: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Eastern Europe

The East European halogenated hydrocarbon derivative market totaled $X in 2022, picking up by 5.7% against the previous year. Over the period under review, consumption saw a resilient expansion. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Halogenated Hydrocarbon Derivative Production in Eastern Europe

In value terms, halogenated hydrocarbon derivative production rose modestly to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 28% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports in Eastern Europe

In 2022, shipments abroad of halogenated derivatives of hydrocarbons decreased by -9.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, halogenated hydrocarbon derivative exports shrank to $X in 2022. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2018 with an increase of 101% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The shipments of the three major exporters of halogenated derivatives of hydrocarbons, namely Russia, Poland and the Czech Republic, represented more than two-thirds of total export. It was distantly followed by Romania (X tons), constituting a 4.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +8.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest halogenated hydrocarbon derivative supplier in Eastern Europe, comprising 58% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 21% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at +12.1%. In the other countries, the average annual rates were as follows: the Czech Republic (+12.5% per year) and Poland (+4.1% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, increasing by 4.9% against the previous year. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 69%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.8%), while the other leaders experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports in Eastern Europe

In 2022, supplies from abroad of halogenated derivatives of hydrocarbons increased by 26% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.2% 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 +95.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, halogenated hydrocarbon derivative imports rose sharply to $X in 2022. Over the period under review, imports showed a perceptible expansion. The growth pace was the most rapid in 2018 when imports increased by 56%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons), distantly followed by Poland (X tons) and Russia (X tons) were the key importers of halogenated derivatives of hydrocarbons, together committing 88% of total imports. Hungary (X tons), Romania (X tons) and Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of +24.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constitutes the largest market for imported halogenated derivatives of hydrocarbons in Eastern Europe, comprising 45% of total imports. The second position in the ranking was taken by Russia ($X), with a 23% share of total imports. It was followed by Poland, with an 11% share.

In the Czech Republic, halogenated hydrocarbon derivative imports expanded at an average annual rate of +19.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (-0.6% per year) and Poland (-3.4% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, waning by -16.5% against the previous year. In general, the import price, however, continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2017 when the import price increased by 55% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 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 Romania ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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