Eastern Europe: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Eastern Europe

The East European market for liquid or compressed air and distilled or conductivity water was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, recorded a perceptible setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Eastern Europe

In value terms, liquid air and distilled water production surged to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible reduction. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports in Eastern Europe

Liquid air and distilled water exports rose remarkably to X tons in 2021, picking up by 12% compared with 2020 figures. Over the period under review, exports showed a moderate increase. The pace of growth was the most pronounced in 2018 when exports increased by 66%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, liquid air and distilled water exports amounted to $X in 2021. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 285%. The level of export peaked in 2021 and is likely to continue growth in the near future.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) dominates exports structure, together mixing up 75% of total exports. Russia (X tons) ranks next in terms of the total exports with an 8.2% share, followed by Hungary (7.5%). The following exporters - Estonia (X tons) and Slovakia (X tons) - together made up 6.6% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +24.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest liquid air and distilled water supplier in Eastern Europe, comprising 74% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 11% share of total exports. It was followed by Russia, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Poland stood at +56.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (-0.1% per year) and Russia (+4.5% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, falling by -7.2% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 148% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Slovakia ($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 (+30.7%), while the other leaders experienced a decline in the export price figures.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports in Eastern Europe

In 2021, the amount of liquid or compressed air and distilled or conductivity water imported in Eastern Europe surged to X tons, increasing by 33% on 2020. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 823%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, liquid air and distilled water imports surged to $X in 2021. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 5,803%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Poland dominates imports structure, reaching X tons, which was near 91% of total imports in 2021. The following importers - the Czech Republic (X tons), Hungary (X tons) and Romania (X tons) - each resulted at a 5.9% share of total imports.

Poland was also the fastest-growing in terms of the liquid or compressed air and distilled or conductivity water imports, with a CAGR of +47.8% from 2012 to 2021. At the same time, Romania (+16.7%) and Hungary (+2.3%) displayed positive paces of growth. By contrast, the Czech Republic (-5.0%) illustrated a downward trend over the same period. While the share of Poland (+69 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Romania (-1.8 p.p.), Hungary (-12.1 p.p.) and the Czech Republic (-26.1 p.p.) displayed negative dynamics.

In value terms, Poland ($X) constitutes the largest market for imported liquid or compressed air and distilled or conductivity water in Eastern Europe, comprising 99% of total imports. The second position in the ranking was held by Hungary ($X), with a 0.3% share of total imports. It was followed by the Czech Republic, with a 0.2% share.

From 2012 to 2021, the average annual growth rate of value in Poland amounted to +83.3%. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (-0.1% per year) and the Czech Republic (+2.0% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, waning by -11.2% against the previous year. Overall, the import price, however, showed a significant expansion. The growth pace was the most rapid in 2020 an increase of 540% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while Romania ($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 (+24.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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