Eastern Europe: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Eastern Europe

After two years of growth, the East European metal pickling preparations market decreased by -21.1% to $X in 2021. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

Metal Pickling Preparations Production in Eastern Europe

In value terms, metal pickling preparations production dropped to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +40.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.

Metal Pickling Preparations Exports

Exports in Eastern Europe

In 2021, overseas shipments of pickling preparations for metal surfaces decreased by -0.5% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by 13% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, metal pickling preparations exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +114.9% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Poland (X tons), the Czech Republic (X tons) and Ukraine (X tons) represented roughly 88% of total exports in 2021. The following exporters - Hungary (X tons), Russia (X tons) and Romania (X tons) - together made up 8.7% of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +40.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Hungary ($X), the Czech Republic ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2021, with a combined 77% share of total exports. Romania, Ukraine and Russia lagged somewhat behind, together comprising a further 21%.

Romania, with a CAGR of +62.5%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2021, the export price in Eastern Europe amounted to $X per ton, picking up by 22% against the previous year. Overall, the export price showed prominent growth. The pace of growth appeared the most rapid in 2016 when the export price increased by 38%. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+19.4%), while the other leaders experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports in Eastern Europe

In 2021, the amount of pickling preparations for metal surfaces imported in Eastern Europe stood at X tons, surging by 4.6% compared with the year before. In general, imports, however, continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of 7.7%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, metal pickling preparations imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the five major importers of pickling preparations for metal surfaces, namely the Czech Republic, Russia, Poland, Hungary and Belarus, represented more than two-thirds of total import. It was distantly followed by Romania (X tons), constituting a 4.5% share of total imports. The following importers - Slovakia (X tons) and Ukraine (X tons) - together made up 4.7% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +8.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, with a combined 61% share of total imports. Romania, Russia, Belarus, Slovakia and Ukraine lagged somewhat behind, together comprising a further 33%.

Romania, with a CAGR of +10.2%, 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 2021, the import price in Eastern Europe amounted to $X per ton, with an increase of 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.7%. The most prominent rate of growth was recorded in 2014 an increase of 20%. Over the period under review, import prices reached the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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