Eastern Europe: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Eastern Europe

The East European mill rolling roll market reduced to $X in 2022, waning by -5.9% against the previous year. In general, consumption recorded a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mill Rolling Roll Production in Eastern Europe

In value terms, mill rolling roll production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced descent. The growth pace was the most rapid in 2017 when the production volume increased by 97% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Mill Rolling Roll Exports

Exports in Eastern Europe

In 2022, shipments abroad of rolls for rolling mills increased by 15% to X units, rising for the seventh consecutive year after three years of decline. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by 44%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, mill rolling roll exports reduced remarkably to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by 30%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic represented the major exporting country with an export of around X units, which amounted to 78% of total exports. Slovakia (X units) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Russia (4.7%). The following exporters - Poland (X units) and Ukraine (X units) - each finished at a 4.1% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mill rolling roll exports from the Czech Republic stood at +28.1%. At the same time, Slovakia (+36.0%) and Poland (+21.5%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +36.0% from 2012-2022. Russia experienced a relatively flat trend pattern. By contrast, Ukraine (-16.8%) illustrated a downward trend over the same period. While the share of the Czech Republic (+52 p.p.) and Slovakia (+9.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (-14.5 p.p.) and Ukraine (-43.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mill rolling roll supplying countries in Eastern Europe were the Czech Republic ($X), Russia ($X) and Ukraine ($X), with a combined 86% share of total exports. Slovakia and Poland lagged somewhat behind, together comprising a further 13%.

Slovakia, with a CAGR of +10.4%, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, reducing by -52.3% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth was the most pronounced in 2013 an increase of 0.5% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.6%), while the other leaders experienced a decline in the export price figures.

Mill Rolling Roll Imports

Imports in Eastern Europe

In 2022, purchases abroad of rolls for rolling mills increased by 4.9% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when imports increased by 44% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, mill rolling roll imports rose remarkably to $X in 2022. Overall, imports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 8.5%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, amounting to X units, which was approx. 96% of total imports in 2022. The following importers - Ukraine (X units) and Belarus (X units) - each finished at a 4% share of total imports.

Russia was also the fastest-growing in terms of the rolls for rolling mills imports, with a CAGR of -1.3% from 2012 to 2022. Ukraine (-9.5%) and Belarus (-13.4%) illustrated a downward trend over the same period. Russia (+6.8 p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Belarus saw its share reduced by -3% and -3.8% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported rolls for rolling mills in Eastern Europe, comprising 54% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 3.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled -6.2%. In the other countries, the average annual rates were as follows: Ukraine (-11.4% per year) and Belarus (-20.7% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, surging by 1.9% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the import price increased by 19% against the previous year. The level of import peaked at $X per unit 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 Ukraine ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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