Eastern Europe: Drawing Board Market 2024

Drawing Board Market Size in Eastern Europe

The East European drawing board market reduced to $X in 2022, with a decrease of -8.3% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Drawing Board Production in Eastern Europe

In value terms, drawing board production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Drawing Board Exports

Exports in Eastern Europe

In 2022, shipments abroad of slates and boards with writing or drawing surfaces was finally on the rise to reach X units after two years of decline. The total export volume increased at an average annual rate of +3.3% 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 20%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, drawing board exports rose significantly to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 +24.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 28% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Poland was the key exporting country with an export of around X units, which reached 63% of total exports. Hungary (X units) held the second position in the ranking, followed by Lithuania (X units). All these countries together held near 20% share of total exports. The following exporters - Russia (X units), Estonia (X units), the Czech Republic (X units) and Belarus (X units) - together made up 12% of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing board exports from Poland stood at +17.1%. At the same time, Lithuania (+40.1%), Russia (+16.7%) and Hungary (+1.1%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +40.1% from 2012-2022. Belarus experienced a relatively flat trend pattern. By contrast, Estonia (-5.8%) and the Czech Republic (-21.8%) illustrated a downward trend over the same period. While the share of Poland (+45 p.p.), Lithuania (+7.9 p.p.) and Russia (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Hungary (-2.9 p.p.), Estonia (-4.8 p.p.) and the Czech Republic (-42.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest drawing board supplier in Eastern Europe, comprising 65% of total exports. The second position in the ranking was taken by Hungary ($X), with an 11% share of total exports. It was followed by Lithuania, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value in Poland totaled +21.3%. In the other countries, the average annual rates were as follows: Hungary (+5.7% per year) and Lithuania (+37.9% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: 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 the Czech Republic (+9.4%), while the other leaders experienced more modest paces of growth.

Drawing Board Imports

Imports in Eastern Europe

In 2022, approx. X units of slates and boards with writing or drawing surfaces were imported in Eastern Europe; remaining stable against the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 20% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, drawing board imports dropped slightly to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2016 indices. The growth pace was the most rapid in 2017 when imports increased by 26%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Russia (X units) and Poland (X units) represented roughly 51% of total imports in 2022. The Czech Republic (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Romania (11%), Slovakia (7.1%) and Hungary (4.6%). Bulgaria (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +9.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest drawing board importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined 62% share of total imports.

Poland, with a CAGR of +13.4%, 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, which is down by -3.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per unit, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :