Eastern Europe: Sheet Piling Market 2024

Sheet Piling Market Size in Eastern Europe

The East European sheet piling market reduced to $X in 2021, waning by -5.7% against the previous year. Overall, consumption recorded a pronounced downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Sheet Piling Production in Eastern Europe

In value terms, sheet piling production reduced remarkably to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by 17%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Sheet Piling Exports

Exports in Eastern Europe

In 2021, the amount of sheet piling, shapes and sections (of iron or steel) exported in Eastern Europe amounted to X tons, surging by 6.9% against 2020 figures. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +7.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 48% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, sheet piling exports soared to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 37%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic represented the major exporting country with an export of around X tons, which accounted for 57% of total exports. It was distantly followed by Poland (X tons), making up a 31% share of total exports. Bulgaria (X tons), Romania (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +46.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Romania ($X), together comprising 84% of total exports. Bulgaria and Russia lagged somewhat behind, together comprising a further 6.3%.

Bulgaria, with a CAGR of +45.4%, recorded the highest growth rate of 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, jumping by 24% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.0%), while the other leaders experienced more modest paces of growth.

Sheet Piling Imports

Imports in Eastern Europe

In 2021, approx. X tons of sheet piling, shapes and sections (of iron or steel) were imported in Eastern Europe; with an increase of 15% against the previous year's figure. In general, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by 88% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, sheet piling imports surged to $X in 2021. Overall, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 41%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons), distantly followed by Poland (X tons), the Czech Republic (X tons), Romania (X tons), Ukraine (X tons), Lithuania (X tons) and Hungary (X tons) represented the major importers of sheet piling, shapes and sections (of iron or steel), together generating 82% of total imports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +15.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 55% share of total imports.

Among the main importing countries, Lithuania, with a CAGR of +17.4%, recorded the highest rates of growth with regard to the value of imports, 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, rising by 8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2018 when the import price increased by 18%. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lithuania ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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