Eastern Europe: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Eastern Europe

In 2021, the East European hot-dipped metal-coated sheet market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Production in Eastern Europe

In value terms, hot-dipped metal-coated sheet production rose markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by 20% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports in Eastern Europe

In 2021, overseas shipments of hot-dipped metal-coated sheet were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 39% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, hot-dipped metal-coated sheet exports skyrocketed to $X in 2021. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia was the main exporter of hot-dipped metal-coated sheet in Eastern Europe, with the volume of exports reaching X tons, which was near 40% of total exports in 2021. Slovakia (X tons) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (12%), Hungary (9.1%) and Poland (9%). The following exporters - Latvia (X tons) and Romania (X tons) - each reached a 5.7% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Latvia (with a CAGR of +39.6%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Slovakia ($X) and Ukraine ($X) were the countries with the highest levels of exports in 2021, with a combined 67% share of total exports. Hungary, Poland, Latvia and Romania lagged somewhat behind, together accounting for a further 28%.

Among the main exporting countries, Latvia, with a CAGR of +41.5%, saw the highest rates of growth with regard to 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, rising by 49% against the previous year. Export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Latvia ($X per ton) and Hungary ($X per ton), while Russia ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.2%), while the other leaders experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports in Eastern Europe

In 2021, purchases abroad of hot-dipped metal-coated sheet was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hot-dipped metal-coated sheet imports skyrocketed to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland represented the largest importing country with an import of about X tons, which reached 36% of total imports. The Czech Republic (X tons) held the second position in the ranking, followed by Slovakia (X tons), Russia (X tons) and Romania (X tons). All these countries together held approx. 49% share of total imports. Hungary (X tons), Latvia (X tons) and Ukraine (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +24.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 65% of total imports. Slovakia, Romania, Hungary, Latvia and Ukraine lagged somewhat behind, together accounting for a further 27%.

Latvia, with a CAGR of +23.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, picking up by 44% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hungary ($X per ton) and Russia ($X per ton), while Romania ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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