Eastern Europe: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Eastern Europe

In 2022, the East European cable-making machine market increased by X% to $X, rising for the third consecutive year after four years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cable-Making Machine Production in Eastern Europe

In value terms, cable-making machine production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Cable-Making Machine Exports

Exports in Eastern Europe

In 2022, approx. X units of rope or cable-making machines were exported in Eastern Europe; reducing by X% on 2021. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, cable-making machine exports expanded modestly to $X in 2022. Total exports indicated a mild 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Czech Republic was the main exporter of rope or cable-making machines in Eastern Europe, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. Poland (X units) ranks second in terms of the total exports with an X% share, followed by Ukraine (X%), Hungary (X%), Slovakia (X%) and Romania (X%). Belarus (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cable-making machine exports from the Czech Republic stood at X%. At the same time, Belarus (X%), Hungary (X%), Slovakia (X%), Ukraine (X%), Romania (X%) and Poland (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Ukraine, Hungary, Slovakia and Belarus increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest cable-making machine supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 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 the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Cable-Making Machine Imports

Imports in Eastern Europe

In 2022, overseas purchases of rope or cable-making machines increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cable-making machine imports expanded notably to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 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 lower figure.

Imports by Country

The Czech Republic was the main importing country with an import of around X units, which accounted for X% of total imports. Poland (X units) took the second position in the ranking, followed by Bulgaria (X units) and Hungary (X units). All these countries together took approx. X% share of total imports. The following importers - Russia (X units), Slovakia (X units) and Romania (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to cable-making machine imports into the Czech Republic stood at X%. At the same time, Hungary (X%), Bulgaria (X%), Poland (X%) and Russia (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. By contrast, Romania (X%) and Slovakia (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Hungary (X p.p.), Poland (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.), Romania (X p.p.) and Slovakia (X p.p.) displayed negative dynamics.

In value terms, the largest cable-making machine importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Poland ($X), together accounting for X% of total imports. Hungary, Romania, Slovakia and Bulgaria lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw 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

The import price in Eastern Europe stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :