Eastern Europe: Mower Market 2024

Mower Market Size in Eastern Europe

For the fourth consecutive year, the East European mower market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, showed a pronounced decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mower Production in Eastern Europe

In value terms, mower production rose to $X in 2022 estimated in export price. The total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2014 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Mower Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was decline in shipments abroad of mowers, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% over the period 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 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, mower exports stood at $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Poland was the main exporting country with an export of about X units, which reached X% of total exports. The Czech Republic (X units) held the second position in the ranking, followed by Slovakia (X units) and Hungary (X units). All these countries together took approx. X% share of total exports. Romania (X units), Lithuania (X units) and Belarus (X units) followed a long way behind the leaders.

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

In value terms, Poland ($X), the Czech Republic ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Hungary, Romania, Lithuania and Belarus lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the export price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

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

Mower Imports

Imports in Eastern Europe

In 2022, supplies from abroad of mowers increased by X% to X units, rising for the sixth year in a row after two years of decline. Overall, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, mower imports expanded markedly to $X in 2022. In general, imports recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Russia was the main importer of mowers in Eastern Europe, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Poland (X units) ranks second in terms of the total imports with an X% share, followed by the Czech Republic (X%), Hungary (X%) and Lithuania (X%). Slovakia (X units), Romania (X units) and Estonia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mower imports into Russia stood at X%. At the same time, Hungary (X%), Romania (X%), Lithuania (X%), Slovakia (X%), Poland (X%), Estonia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Russia (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total imports, while Poland and the Czech Republic saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Hungary, Lithuania, Slovakia, Estonia and Romania lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded 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 unit, waning by X% against the previous year. In general, the import price saw a perceptible decrease. The growth pace was the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 Estonia ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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