Eastern Europe: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Eastern Europe

In 2021, the East European iron or steel towers market decreased by -3.5% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Production of Iron Or Steel Towers And Lattice Masts in Eastern Europe

In value terms, iron or steel towers production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 12% against the previous year. The level of production peaked in 2021 and is likely to see gradual growth in the near future.

Exports of Iron Or Steel Towers And Lattice Masts

Exports in Eastern Europe

After two years of decline, overseas shipments of iron or steel towers and lattice masts increased by 5.8% to X tons in 2021. Overall, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of 97% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, iron or steel towers exports surged to $X in 2021. Over the period under review, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 96%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from the Czech Republic (X tons), Slovakia (X tons), Latvia (X tons), Russia (X tons) and Hungary (X tons), together reaching 92% of total export. The following exporters - Poland (X tons) and Romania (X tons) - each amounted to a 7.6% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +37.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Slovakia ($X) and Hungary ($X) were the countries with the highest levels of exports in 2021, with a combined 66% share of total exports.

Among the main exporting countries, Hungary, with a CAGR of +33.4%, 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, picking up by 19% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, 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.

Imports of Iron Or Steel Towers And Lattice Masts

Imports in Eastern Europe

After two years of growth, purchases abroad of iron or steel towers and lattice masts decreased by -9% to X tons in 2021. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 186%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, iron or steel towers imports totaled $X in 2021. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2015 when imports increased by 132%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X tons) and Lithuania (X tons) represented the main importers of iron or steel towers and lattice masts in 2021, amounting to near 36% and 32% of total imports, respectively. It was distantly followed by Bulgaria (X tons), Russia (X tons) and Romania (X tons), together comprising a 17% share of total imports. The following importers - Estonia (X tons) and Slovakia (X tons) - each finished at a 6.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +31.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Lithuania ($X), Poland ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 71% of total imports.

Lithuania, with a CAGR of +32.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, jumping by 20% against the previous year. Over the period under review, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in 2013 an increase of 34%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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