Eastern Europe: Paraformaldehyde Market 2024

Paraformaldehyde Market Size in Eastern Europe

The East European paraformaldehyde market dropped dramatically to $X in 2022, waning by X% against the previous year. In general, consumption saw a abrupt setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Paraformaldehyde Production in Eastern Europe

In value terms, paraformaldehyde production fell significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Paraformaldehyde Exports

Exports in Eastern Europe

Paraformaldehyde exports dropped notably to X tons in 2022, waning by X% on 2021. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paraformaldehyde exports shrank dramatically to $X in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Russia represented the main exporting country with an export of about X tons, which resulted at X% of total exports. Hungary (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%).

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Belarus experienced a relatively flat trend pattern. While the share of Russia (X p.p.), Hungary (X p.p.) and Belarus (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest paraformaldehyde supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports.

In Russia, paraformaldehyde exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Overall, the export price enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Russia ($X per ton), while Hungary ($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 (X%), while the other leaders experienced a decline in the export price figures.

Paraformaldehyde Imports

Imports in Eastern Europe

In 2022, imports of paraformaldehyde in Eastern Europe contracted significantly to X tons, which is down by X% on the previous year. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paraformaldehyde imports dropped markedly to $X in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Hungary (X tons), Slovakia (X tons) and Romania (X tons) represented roughly X% of total imports in 2022. Russia (X tons) held the next position in the ranking, followed by Belarus (X tons) and Poland (X tons). All these countries together took near X% share of total imports. Ukraine (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovakia ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Hungary, with a CAGR of X%, recorded the highest growth rate of 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, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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