Eastern Europe: Inflatable Vessel Market 2025

Inflatable Vessel Market Size in Eastern Europe

The East European inflatable vessel market stood at $X in 2021, picking up by 7.1% against the previous year. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Inflatable Vessel Production in Eastern Europe

In value terms, inflatable vessel production expanded rapidly to $X in 2021 estimated in export price. The total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -17.9% against 2016 indices. The growth pace was the most rapid in 2016 with an increase of 36% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Inflatable Vessel Exports

Exports in Eastern Europe

In 2021, shipments abroad of inflatable vessels for pleasure or sports increased by 59% to X units, rising for the fifth year in a row after three years of decline. Overall, exports continue to indicate a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, inflatable vessel exports skyrocketed to $X in 2021. Over the period under review, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X units) and Poland (X units) represented roughly 75% of total exports in 2021. Russia (X units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (5.8%) and Romania (5.3%).

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +60.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) remains the largest inflatable vessel supplier in Eastern Europe, comprising 65% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of total exports. It was followed by Russia, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value in Ukraine totaled +16.1%. In the other countries, the average annual rates were as follows: the Czech Republic (+16.8% per year) and Russia (+24.6% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, reducing by -8.4% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 80%. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+21.0%), while the other leaders experienced more modest paces of growth.

Inflatable Vessel Imports

Imports in Eastern Europe

In 2021, purchases abroad of inflatable vessels for pleasure or sports increased by 62% to X units, rising for the fifth year in a row after four years of decline. Over the period under review, imports continue to indicate a slight expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, inflatable vessel imports soared to $X in 2021. Overall, imports showed a notable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia was the main importing country with an import of about X units, which amounted to 28% of total imports. It was distantly followed by Hungary (X units), Poland (X units), Lithuania (X units), Ukraine (X units), the Czech Republic (X units), Russia (X units), Latvia (X units) and Estonia (X units), together creating a 62% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to inflatable vessel imports into Slovakia stood at +15.8%. At the same time, Hungary (+25.6%), Poland (+19.8%), the Czech Republic (+14.6%), Latvia (+8.3%), Lithuania (+3.3%) and Estonia (+1.6%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +25.6% from 2012-2021. By contrast, Ukraine (-9.8%) and Russia (-18.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Slovakia, Hungary, Poland, the Czech Republic and Latvia increased by +19, +11, +9.6, +4.5 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inflatable vessel importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Slovakia ($X), together comprising 53% of total imports.

Among the main importing countries, Slovakia, with a CAGR of +26.2%, saw the highest growth rate of 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 2021, the import price in Eastern Europe amounted to $X per unit, growing by 6.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by 32%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+32.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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