Eastern Europe: Stranded Wire Market 2025

Stranded Wire Market Size in Eastern Europe

In 2021, the East European stranded wire market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a slight decline. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Stranded Wire Production in Eastern Europe

In value terms, stranded wire production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight descent. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Stranded Wire Exports

Exports in Eastern Europe

In 2021, overseas shipments of stranded wire, ropes and cables were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stranded wire exports surged to $X in 2021. The total export value increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Hungary (X tons), Romania (X tons), Belarus (X tons), Russia (X tons), Slovakia (X tons) and Poland (X tons), together amounting to 90% of total export. It was distantly followed by Ukraine (X tons), comprising a 4.6% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +6.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and Hungary ($X) were the countries with the highest levels of exports in 2021, together comprising 52% of total exports. These countries were followed by Belarus, Slovakia, Russia and Ukraine, which together accounted for a further 36%.

In terms of the main exporting countries, Russia, with a CAGR of +5.5%, saw the highest growth rate of 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 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 19% against the previous year. Over the period under review, the export price recorded 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 Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+1.0%), while the other leaders experienced more modest paces of growth.

Stranded Wire Imports

Imports in Eastern Europe

In 2021, overseas purchases of stranded wire, ropes and cables increased by 22% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, stranded wire imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), distantly followed by the Czech Republic (X tons), Slovakia (X tons), Russia (X tons), Romania (X tons) and Hungary (X tons) represented the largest importers of stranded wire, ropes and cables, together mixing up 89% of total imports. Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lithuania (with a CAGR of +8.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Slovakia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 60% of total imports. These countries were followed by Russia, Romania, Hungary and Lithuania, which together accounted for a further 33%.

Lithuania, with a CAGR of +8.4%, 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

In 2021, the import price in Eastern Europe amounted to $X per ton, increasing by 14% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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