Eastern Europe: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Eastern Europe

The East European scrapers excavator market fell to $X in 2022, which is down by -11.4% against the previous year. Over the period under review, consumption showed a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Scrapers Excavator Production in Eastern Europe

In value terms, scrapers excavator production reduced to $X in 2022 estimated in export price. In general, production faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Scrapers Excavator Exports

Exports in Eastern Europe

In 2022, overseas shipments of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by -9.9% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 +77.0% against 2015 indices. The growth pace was the most rapid in 2016 when exports increased by 30%. The volume of export peaked at X units in 2021, and then contracted in the following year.

In value terms, scrapers excavator exports totaled $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by 31%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, Bulgaria (X units) was the largest exporter of scrapers earth moving, excavating, extracting machinery (not self-propelled), constituting 53% of total exports. It was distantly followed by Poland (X units), Russia (X units), Belarus (X units), Estonia (X units) and the Czech Republic (X units), together comprising a 45% share of total exports.

Exports from Bulgaria increased at an average annual rate of +3.6% from 2012 to 2022. At the same time, Belarus (+13.2%), Russia (+12.9%), Poland (+12.8%) and Estonia (+4.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +13.2% from 2012-2022. By contrast, the Czech Republic (-4.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Russia and Belarus increased by +9.1, +5 and +4.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bulgaria ($X) remains the largest scrapers excavator supplier in Eastern Europe, comprising 63% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by the Czech Republic, with an 8.8% share.

In Bulgaria, scrapers excavator exports increased at an average annual rate of +1.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (+17.8% per year) and the Czech Republic (-2.7% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, increasing by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 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 ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the other leaders experienced more modest paces of growth.

Scrapers Excavator Imports

Imports in Eastern Europe

Scrapers excavator imports fell significantly to X units in 2022, waning by -16.9% against the year before. Overall, imports, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of 51%. The volume of import peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, scrapers excavator imports reduced remarkably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 67% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced sharply in the following year.

Imports by Country

Russia represented the main importing country with an import of around X units, which amounted to 54% of total imports. It was distantly followed by Poland (X units), the Czech Republic (X units) and Romania (X units), together comprising a 30% share of total imports. Belarus (X units), Lithuania (X units) and Ukraine (X units) took a little share of total imports.

Imports into Russia increased at an average annual rate of +6.8% from 2012 to 2022. At the same time, Belarus (+15.8%), Poland (+9.7%), the Czech Republic (+9.5%) and Lithuania (+7.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +15.8% from 2012-2022. Ukraine experienced a relatively flat trend pattern. By contrast, Romania (-7.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Poland, the Czech Republic and Belarus increased by +12, +6.5, +3.3 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported scrapers earth moving, excavating, extracting machinery (not self-propelled) in Eastern Europe, comprising 52% of total imports. The second position in the ranking was taken by Poland ($X), with a 17% share of total imports. It was followed by the Czech Republic, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Poland (+7.7% per year) and the Czech Republic (+10.0% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, dropping by -3.5% against the previous year. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by 13% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 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 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 Romania (+5.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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