Eastern Europe: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Eastern Europe

The East European market for spray guns and similar appliances dropped to $X in 2022, which is down by -9.1% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Spray Guns And Similar Appliances in Eastern Europe

In value terms, spray guns and similar appliances production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 43% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Spray Guns And Similar Appliances

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of spray guns and similar appliances, when their volume decreased by -32.1% to X units. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2014 with an increase of 76%. The volume of export peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, spray guns and similar appliances exports declined markedly to $X in 2022. Overall, exports, however, saw resilient growth. The growth pace was the most rapid in 2014 when exports increased by 53%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Poland (X units) and Hungary (X units) represented roughly 67% of total exports in 2022. The Czech Republic (X units) held the next position in the ranking, followed by Belarus (X units) and Ukraine (X units). All these countries together held near 16% share of total exports. The following exporters - Lithuania (X units) and Slovakia (X units) - each accounted for an 8.2% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +21.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest spray guns and similar appliances supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and the Czech Republic ($X), together accounting for 73% of total exports.

Hungary, with a CAGR of +20.3%, recorded the highest growth rate of the value of exports, among 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 2022, growing by 8.5% against the previous year. Overall, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2018 an increase of 28%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Lithuania ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.1%), while the other leaders experienced a decline in the export price figures.

Imports of Spray Guns And Similar Appliances

Imports in Eastern Europe

In 2022, approx. X units of spray guns and similar appliances were imported in Eastern Europe; waning by -14.1% on 2021 figures. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.4% 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 +10.5% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, spray guns and similar appliances imports reduced markedly to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by +0.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 49%. The level of import peaked at $X in 2021, and then contracted sharply in the following year.

Imports by Country

Russia (X units) and Poland (X units) represented the main importers of spray guns and similar appliances in 2022, resulting at approx. 33% and 23% of total imports, respectively. Hungary (X units) ranks next in terms of the total imports with an 11% share, followed by Ukraine (8.6%), the Czech Republic (7.2%) and Romania (5.1%). Belarus (X units), Lithuania (X units) and Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +7.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, with a combined 69% share of total imports. Romania, Hungary, Ukraine, Lithuania, Belarus and Bulgaria lagged somewhat behind, together comprising a further 25%.

Lithuania, with a CAGR of +11.7%, recorded 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, waning by -3.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 12% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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