Eastern Europe: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Eastern Europe

In 2021, the East European market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables decreased by -21.3% to $X, falling for the third consecutive year after three years of growth. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -38.0% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Eastern Europe

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables reduced to $X in 2021 estimated in export price. Overall, production, however, showed a prominent increase. The growth pace was the most rapid in 2013 when the production volume increased by 55% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports in Eastern Europe

In 2021, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Eastern Europe surged to X units, rising by 43% compared with 2020. Total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables skyrocketed to $X in 2021. In general, exports saw a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 49% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Ukraine (X units) and Belarus (X units) represented the main exporters of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in 2021, accounting for near 29% and 24% of total exports, respectively. Russia (X units) ranks next in terms of the total exports with a 9.7% share, followed by Poland (8.4%), the Czech Republic (7.7%), Romania (7.3%), Bulgaria (6%) and Slovakia (5.9%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of +43.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest seed cleaning, sorting and grading machine supplying countries in Eastern Europe were Ukraine ($X), Russia ($X) and the Czech Republic ($X), with a combined 53% share of total exports. These countries were followed by Belarus, Slovakia, Poland, Bulgaria and Romania, which together accounted for a further 43%.

Among the main exporting countries, Bulgaria, with a CAGR of +74.9%, recorded the highest growth rate of 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

In 2021, the export price in Eastern Europe amounted to $X per unit, growing by 2.9% against the previous year. Export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased by +56.0% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 32%. Over the period under review, the export prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

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 Russia ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+22.2%), while the other leaders experienced more modest paces of growth.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports in Eastern Europe

In 2021, overseas purchases of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables were finally on the rise to reach X units after three years of decline. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 37%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables surged to $X in 2021. Total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% 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 +62.7% against 2015 indices. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X units), Ukraine (X units), Moldova (X units), Romania (X units), Poland (X units), Bulgaria (X units), Lithuania (X units), Hungary (X units) and the Czech Republic (X units) represented roughly 94% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +22.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Eastern Europe, comprising 35% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 17% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Ukraine (+0.3% per year) and Poland (+15.3% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, picking up by 5.3% against the previous year. Import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased by +66.5% against 2017 indices. The growth pace was the most rapid in 2020 when the import price increased by 41% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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