Eastern Europe: Plastic Support Market 2024

Plastic Support Market Size in Eastern Europe

After two years of growth, the East European plastic support market decreased by -6.3% to $X in 2022. Over the period under review, consumption showed a pronounced slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Support Production in Eastern Europe

In value terms, plastic support production reached $X in 2022 estimated in export price. In general, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 22%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Plastic Support Exports

Exports in Eastern Europe

After six years of growth, overseas shipments of spools, cops and similar supports of plastics decreased by -4.1% to X tons in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +51.4% against 2012 indices. The pace of growth was the most pronounced in 2018 when exports increased by 11% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced modestly in the following year.

In value terms, plastic support exports declined modestly to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +71.5% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Poland (X tons) and Hungary (X tons) were the main exporters of spools, cops and similar supports of plastics in Eastern Europe, together comprising 50% of total exports. It was distantly followed by the Czech Republic (X tons), Belarus (X tons), Russia (X tons) and Lithuania (X tons), together creating a 34% share of total exports. The following exporters - Moldova (X tons) and Slovakia (X tons) - each resulted at a 7.4% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of +15.7%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, with a combined 63% share of total exports. Belarus, Slovakia, Russia, Lithuania and Moldova lagged somewhat behind, together comprising a further 27%.

In terms of the main exporting countries, Lithuania, with a CAGR of +16.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by 3.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 11% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.0%), while the other leaders experienced more modest paces of growth.

Plastic Support Imports

Imports in Eastern Europe

In 2022, overseas purchases of spools, cops and similar supports of plastics decreased by -4.3% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 15% against the previous year. The volume of import peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, plastic support imports shrank modestly to $X in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Hungary (X tons), the Czech Republic (X tons), Romania (X tons) and Slovakia (X tons) represented the key importers of spools, cops and similar supports of plastics, together creating 86% of total imports. Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +7.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, with a combined 60% share of total imports. Hungary, Romania, Slovakia and Ukraine lagged somewhat behind, together comprising a further 29%.

In terms of the main importing countries, Slovakia, with a CAGR of +6.5%, 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

The import price in Eastern Europe stood at $X per ton in 2022, growing by 1.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 13% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Poland ($X per ton) and the Czech Republic ($X per ton), while Slovakia ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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