Eastern Europe: Linoleum Market 2024

Linoleum Market Size in Eastern Europe

The East European linoleum market was estimated at $X in 2021, growing by 5.4% against the previous year. Overall, consumption saw a noticeable curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Linoleum Production in Eastern Europe

In value terms, linoleum production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt setback. The growth pace was the most rapid in 2019 when the production volume increased by 19%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Linoleum Exports

Exports in Eastern Europe

In 2021, overseas shipments of linoleum increased by 11% to X square meters, rising for the fifth year in a row after four years of decline. Overall, exports posted modest growth. The pace of growth appeared the most rapid in 2019 when exports increased by 40% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, linoleum exports surged to $X in 2021. Over the period under review, exports enjoyed modest growth. The most prominent rate of growth was recorded in 2019 when exports increased by 46%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Russia (X square meters) represented the main exporter of linoleum, making up 86% of total exports. It was distantly followed by Ukraine (X square meters), making up a 12% share of total exports.

Russia was also the fastest-growing in terms of the linoleum exports, with a CAGR of +11.6% from 2012 to 2021. Ukraine (-15.2%) illustrated a downward trend over the same period. Russia (+49 p.p.) significantly strengthened its position in terms of the total exports, while Ukraine saw its share reduced by -50% from 2012 to 2021, respectively.

In value terms, Russia ($X) remains the largest linoleum supplier in Eastern Europe, comprising 88% of total exports. The second position in the ranking was held by Ukraine ($X), with an 8.1% share of total exports.

In Russia, linoleum exports expanded at an average annual rate of +8.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per square meter, with an increase of 18% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (-2.6%).

Linoleum Imports

Imports in Eastern Europe

In 2021, after four years of growth, there was decline in purchases abroad of linoleum, when their volume decreased by -3.2% to X square meters. Total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.7% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by 33% against the previous year. The volume of import peaked at X square meters in 2020, and then dropped in the following year.

In value terms, linoleum imports surged to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.1% against 2015 indices. The growth pace was the most rapid in 2017 with an increase of 22%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Ukraine (X square meters), Belarus (X square meters), the Czech Republic (X square meters) and Russia (X square meters) represented the key importer of linoleum in Eastern Europe, generating 77% of total import. It was distantly followed by Hungary (X square meters), creating a 5.9% share of total imports. Romania (X square meters), Slovakia (X square meters) and Poland (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of +40.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, with a combined 50% share of total imports. These countries were followed by Belarus, Hungary, Slovakia, Romania and Poland, which together accounted for a further 40%.

Among the main importing countries, Slovakia, with a CAGR of +25.4%, 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 square meter, rising by 26% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2021, 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 Hungary ($X per square meter), while Ukraine ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+10.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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