Eastern Europe: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in Eastern Europe

The East European metal cutting shear market dropped to $X in 2022, reducing by -5.3% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Metal Cutting Shear Production in Eastern Europe

In value terms, metal cutting shear production shrank modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The pace of growth appeared the most rapid in 2015 with an increase of 57%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Metal Cutting Shear Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of metal cutting shears and similar hand tools, when their volume decreased by -5.5% to X tons. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, metal cutting shear exports reduced modestly to $X in 2022. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Poland (X tons) and Romania (X tons) represented roughly 69% of total exports in 2022. Russia (X tons) held the next position in the ranking, followed by Latvia (X tons) and the Czech Republic (X tons). All these countries together took near 22% share of total exports. The following exporters - Hungary (X tons), Belarus (X tons) and Bulgaria (X tons) - each resulted at a 5.5% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +36.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Latvia ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 76% share of total exports.

Latvia, with a CAGR of +63.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of 2.8% against the previous year. Over the period under review, the export price showed a strong expansion. The growth pace was the most rapid in 2020 an increase of 37% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+19.2%), while the other leaders experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports in Eastern Europe

In 2022, the amount of metal cutting shears and similar hand tools imported in Eastern Europe reduced slightly to X tons, falling by -2.9% compared with the previous year's figure. Over the period under review, imports, however, recorded mild growth. The pace of growth appeared the most rapid in 2016 with an increase of 33%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal cutting shear imports reduced to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +121.2% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Russia (X tons), distantly followed by Poland (X tons), Romania (X tons), Bulgaria (X tons) and the Czech Republic (X tons) represented the main importers of metal cutting shears and similar hand tools, together constituting 85% of total imports. The following importers - Slovakia (X tons) and Ukraine (X tons) - each amounted to a 6.7% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +11.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 70% of total imports. Romania, Slovakia, Bulgaria and Ukraine lagged somewhat behind, together comprising a further 19%.

Bulgaria, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, shrinking by -9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, import price reached the peak level of $X per ton, and then contracted 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 the Czech Republic ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :