Eastern Europe: Wire And Cable Market 2025

Wire And Cable Market Size in Eastern Europe

The East European wire and cable market contracted dramatically to $X in 2021, which is down by -15.7% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Wire And Cable Production in Eastern Europe

In value terms, wire and cable production dropped to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 25% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Wire And Cable Exports

Exports in Eastern Europe

In 2021, shipments abroad of insulated wire and cable increased by 8.6% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 14%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, wire and cable exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Romania (X tons), Poland (X tons) and the Czech Republic (X tons), together amounting to 59% of total export. Hungary (X tons) held the next position in the ranking, followed by Slovakia (X tons), Russia (X tons) and Ukraine (X tons). All these countries together held approx. 30% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +3.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable supplying countries in Eastern Europe were Romania ($X), the Czech Republic ($X) and Poland ($X), with a combined 57% share of total exports. These countries were followed by Hungary, Slovakia, Ukraine and Russia, which together accounted for a further 33%.

Ukraine, with a CAGR of +6.2%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the export price in Eastern Europe amounted to $X per ton, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+3.7%), while the other leaders experienced more modest paces of growth.

Wire And Cable Imports

Imports in Eastern Europe

In 2021, approx. X tons of insulated wire and cable were imported in Eastern Europe; picking up by 8.6% on the previous year. The total import volume increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wire and cable imports skyrocketed to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% 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

In 2021, the Czech Republic (X tons), Poland (X tons), Slovakia (X tons), Hungary (X tons), Romania (X tons) and Russia (X tons) was the main importer of insulated wire and cable in Eastern Europe, achieving 84% of total import. It was distantly followed by Ukraine (X tons), making up a 4.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +6.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Hungary ($X), with a combined 53% share of total imports. These countries were followed by Slovakia, Romania, Russia and Ukraine, which together accounted for a further 39%.

Slovakia, with a CAGR of +8.2%, saw the highest growth rate of 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

The import price in Eastern Europe stood at $X per ton in 2021, picking up by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hungary ($X per ton) and the Czech Republic ($X per ton), while Ukraine ($X per ton) and Poland ($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 (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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