Eastern Europe: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Eastern Europe

After two years of decline, the East European cement prefabricated structural components market increased by 18% to $X in 2021. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Eastern Europe

In value terms, cement prefabricated structural components production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 34% against the previous year. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the immediate term.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in Eastern Europe

In 2021, the amount of prefabricated structural components of cement, concrete or artificial stone exported in Eastern Europe amounted to X tons, with an increase of 8.9% against the year before. In general, exports recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of 27%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, cement prefabricated structural components exports soared to $X in 2021. Overall, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 39%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from the Czech Republic (X tons), Poland (X tons) and Latvia (X tons), together reaching 70% of total export. It was distantly followed by Hungary (X tons), Slovakia (X tons) and Estonia (X tons), together mixing up a 25% share of total exports. Belarus (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of +26.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Latvia ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 73% of total exports.

Latvia, with a CAGR of +22.7%, saw 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

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2018 when the export price increased by 17% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), while the other leaders experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in Eastern Europe

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were imported in Eastern Europe; remaining relatively unchanged against 2020 figures. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 35%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cement prefabricated structural components imports expanded modestly to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 32%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Slovakia (X tons), Russia (X tons), Poland (X tons), Hungary (X tons) and the Czech Republic (X tons) was the main importer of prefabricated structural components of cement, concrete or artificial stone in Eastern Europe, constituting 74% of total import. Lithuania (X tons) took the next position in the ranking, followed by Latvia (X tons). All these countries together held approx. 14% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Latvia (with a CAGR of +12.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cement prefabricated structural components importing markets in Eastern Europe were Slovakia ($X), the Czech Republic ($X) and Poland ($X), together accounting for 53% of total imports. Hungary, Russia, Lithuania and Latvia lagged somewhat behind, together accounting for a further 31%.

Hungary, with a CAGR of +14.0%, recorded the highest rates of growth with regard to the value of imports, in terms of 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, picking up by 3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2020 when the import price increased by 20%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, 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 2021, the most notable rate of growth in terms of prices was attained by Hungary (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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