Eastern Europe: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Eastern Europe

The East European injection-moulding machine market soared to $X in 2022, growing by 17% against the previous year. Over the period under review, consumption showed a remarkable increase. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Injection-Moulding Machine Production in Eastern Europe

In value terms, injection-moulding machine production rose notably to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 84%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Injection-Moulding Machine Exports

Exports in Eastern Europe

In 2022, exports of injection-moulding machines for working rubber or plastics in Eastern Europe shrank to X units, dropping by -2.3% compared with the previous year. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 232% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, injection-moulding machine exports shrank to $X in 2022. Overall, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by 327%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the Czech Republic (X units) and Hungary (X units) represented the key exporters of injection-moulding machines for working rubber or plastics in Eastern Europe, together making up 57% of total exports. It was distantly followed by Poland (X units), Slovakia (X units) and Estonia (X units), together generating a 32% share of total exports. Russia (X units), Romania (X units) and Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +67.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest injection-moulding machine supplying countries in Eastern Europe were Slovakia ($X), the Czech Republic ($X) and Poland ($X), together accounting for 74% of total exports. Hungary, Bulgaria, Estonia, Russia and Romania lagged somewhat behind, together comprising a further 23%.

Among the main exporting countries, Estonia, with a CAGR of +117.3%, recorded 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 unit in 2022, with a decrease of -12.3% against the previous year. In general, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of 29%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+29.7%), while the other leaders experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports in Eastern Europe

In 2022, the amount of injection-moulding machines for working rubber or plastics imported in Eastern Europe declined notably to X units, shrinking by -16.2% compared with the previous year. Total imports indicated mild growth 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, imports increased by +23.0% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 85% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, injection-moulding machine imports dropped notably to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 101%. 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

In 2022, Russia (X units), the Czech Republic (X units), Poland (X units) and Slovakia (X units) was the main importer of injection-moulding machines for working rubber or plastics in Eastern Europe, mixing up 76% of total import. Romania (X units) took the next position in the ranking, followed by Hungary (X units). All these countries together took approx. 14% share of total imports. Bulgaria (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of +20.0%), while imports for the other leaders experienced more modest paces of growth.

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

Among the main importing countries, Bulgaria, with a CAGR of +4.1%, recorded 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

The import price in Eastern Europe stood at $X per unit in 2022, stabilizing at the previous year. In general, the import price, however, saw a mild downturn. The pace of growth was the most pronounced in 2017 when the import price increased by 27%. The level of import peaked at $X per unit in 2014; however, from 2015 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 Romania ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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