Eastern Europe: Mechanical Stoker Market 2024

Mechanical Stoker Market Size in Eastern Europe

In 2022, the East European mechanical stoker market increased by 19% to $X, rising for the third year in a row after three years of decline. Overall, consumption, however, saw a noticeable expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Mechanical Stoker Production in Eastern Europe

In value terms, mechanical stoker production reduced to $X in 2022 estimated in export price. The total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 65%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Mechanical Stoker Exports

Exports in Eastern Europe

In 2022, exports of mechanical stokers in Eastern Europe declined dramatically to X tons, reducing by -48.4% against the year before. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 56%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mechanical stoker exports shrank remarkably to $X in 2022. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 185% against the previous year. As a result, the exports attained the peak of $X, and then reduced markedly in the following year.

Exports by Country

In 2022, Poland (X tons) was the main exporter of mechanical stokers, generating 46% of total exports. It was distantly followed by Hungary (X tons), Russia (X tons) and Belarus (X tons), together mixing up a 49% share of total exports. The Czech Republic (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of -0.5%), while the other leaders experienced a decline in the exports figures.

In value terms, Poland ($X) emerged as the largest mechanical stoker supplier in Eastern Europe, comprising 56% of total exports. The second position in the ranking was held by Hungary ($X), with a 19% share of total exports. It was followed by the Czech Republic, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at -1.4%. In the other countries, the average annual rates were as follows: Hungary (-7.6% per year) and the Czech Republic (+12.7% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, falling by -44% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by 82%. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+17.0%), while the other leaders experienced mixed trends in the export price figures.

Mechanical Stoker Imports

Imports in Eastern Europe

After three years of growth, supplies from abroad of mechanical stokers decreased by -45.4% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 277% against the previous year. The volume of import peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, mechanical stoker imports dropped dramatically to $X in 2022. Overall, imports, however, posted perceptible growth. The growth pace was the most rapid in 2016 when imports increased by 321% against the previous year. The level of import peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Russia prevails in imports structure, recording X tons, which was approx. 77% of total imports in 2022. Romania (X tons) held the second position in the ranking, followed by Ukraine (X tons). All these countries together took approx. 15% share of total imports. Hungary (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +2.1% from 2012 to 2022. At the same time, Romania (+15.3%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +15.3% from 2012-2022. Ukraine and Hungary experienced a relatively flat trend pattern. Russia (+17 p.p.) and Romania (+6.1 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported mechanical stokers in Eastern Europe, comprising 89% of total imports. The second position in the ranking was held by Ukraine ($X), with a 2.7% share of total imports. It was followed by Romania, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to +9.6%. In the other countries, the average annual rates were as follows: Ukraine (+5.1% per year) and Romania (-8.3% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, declining by -13.1% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mechanical stoker import price increased by +74.0% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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