Eastern Europe: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Eastern Europe

The East European self-propelled rock cutter market dropped to $X in 2021, waning by -8.7% against the previous year. Overall, consumption saw a abrupt shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Self-Propelled Rock Cutter Production in Eastern Europe

In value terms, self-propelled rock cutter production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable decline. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Self-Propelled Rock Cutter Exports

Exports in Eastern Europe

In 2021, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery increased by 2.8% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 49%. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, self-propelled rock cutter exports expanded notably to $X in 2021. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 85%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Ukraine (X units), Poland (X units) and Hungary (X units), together reaching 77% of total export. It was distantly followed by Belarus (X units) and the Czech Republic (X units), together creating a 19% share of total exports. The following exporters - Romania (X units) and Bulgaria (X units) - each accounted for a 4.1% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +24.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled rock cutter supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Ukraine ($X), together comprising 79% of total exports. Belarus, Hungary, Romania and Bulgaria lagged somewhat behind, together comprising a further 20%.

Belarus, with a CAGR of +19.1%, 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

The export price in Eastern Europe stood at $X per unit in 2021, with an increase of 6.8% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by 24% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+4.9%), while the other leaders experienced more modest paces of growth.

Self-Propelled Rock Cutter Imports

Imports in Eastern Europe

In 2021, approx. X units of self-propelled coal or rock cutters and tunnelling machinery were imported in Eastern Europe; which is down by -64.8% compared with 2020 figures. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 126%. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, self-propelled rock cutter imports fell markedly to $X in 2021. In general, imports saw a sharp setback. The growth pace was the most rapid in 2017 with an increase of 72% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of self-propelled rock cutter imports in 2021 were the Czech Republic (X units), Poland (X units) and Estonia (X units), together resulting at 72% of total import. It was distantly followed by Bulgaria (X units) and Ukraine (X units), together mixing up a 22% share of total imports. The following importers - Romania (X units) and Hungary (X units) - each recorded a 4.1% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +71.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled rock cutter importing markets in Eastern Europe were Poland ($X), Ukraine ($X) and Estonia ($X), together accounting for 76% of total imports.

Estonia, with a CAGR of +45.4%, saw the highest growth rate of 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 unit, growing by 65% against the previous year. Overall, the import price, however, faced a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 103% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Romania (+22.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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