Eastern Europe: Metal Hammer Market 2025

Metal Hammer Market Size in Eastern Europe

The East European metal hammer market reduced modestly to $X in 2022, shrinking by -2.4% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted slightly in the following year.

Metal Hammer Production in Eastern Europe

In value terms, metal hammer production reduced slightly to $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The growth pace was the most rapid in 2015 with an increase of 107% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Metal Hammer Exports

Exports in Eastern Europe

In 2022, shipments abroad of hammers and sledge hammers with working part of metal decreased by -20.9% to X tons, falling for the second year in a row after four years of growth. Total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal hammer exports fell significantly to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

In 2022, Poland (X tons), distantly followed by the Czech Republic (X tons), Russia (X tons), Slovakia (X tons) and Belarus (X tons) represented the key exporters of hammers and sledge hammers with working part of metal, together comprising 92% of total exports. Bulgaria (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +42.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022, together comprising 87% of total exports. Slovakia, Bulgaria, Lithuania and Belarus lagged somewhat behind, together accounting for a further 9.6%.

Belarus, with a CAGR of +27.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, reducing by -2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2021 an increase of 42%. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.7%), while the other leaders experienced more modest paces of growth.

Metal Hammer Imports

Imports in Eastern Europe

In 2022, supplies from abroad of hammers and sledge hammers with working part of metal decreased by -1.8% to X tons, falling for the second year in a row after four years of growth. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 24%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, metal hammer imports declined modestly to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +85.8% against 2016 indices. The pace of growth was the most pronounced in 2018 when imports increased by 23% against the previous year. The level of import peaked at $X in 2021, and then declined slightly in the following year.

Imports by Country

Russia was the main importing country with an import of about X tons, which reached 47% of total imports. Poland (X tons) took an 18% share (based on physical terms) of total imports, which put it in second place, followed by Romania (8.5%) and the Czech Republic (7.3%). Hungary (X tons), Bulgaria (X tons), Ukraine (X tons), Slovakia (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to metal hammer imports into Russia stood at -2.7%. At the same time, Bulgaria (+12.1%), Lithuania (+8.5%), Slovakia (+7.4%), Hungary (+6.2%), the Czech Republic (+4.4%), Romania (+4.1%) and Poland (+3.4%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +12.1% from 2012-2022. By contrast, Ukraine (-3.5%) illustrated a downward trend over the same period. Poland (+4.7 p.p.), Romania (+2.6 p.p.), the Czech Republic (+2.4 p.p.), Bulgaria (+2.3 p.p.) and Hungary (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia saw its share reduced by -1.5% and -16.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, with a combined 68% share of total imports. Romania, Hungary, Slovakia, Bulgaria, Ukraine and Lithuania lagged somewhat behind, together accounting for a further 27%.

In terms of the main importing countries, Bulgaria, with a CAGR of +15.4%, saw the highest rates of growth with regard to 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 ton, waning by -1.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2021 when the import price increased by 26%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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 ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :