Eastern Europe: Market for Toothed wheels, chain sprockets and other transmission elements 2025

Market Size for Toothed wheels, chain sprockets and other transmission elements in Eastern Europe

In 2021, the East European market for toothed wheels, chain sprockets and other transmission elements was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; afterwards, it flattened through to 2021.

Production of Toothed wheels, chain sprockets and other transmission elements in Eastern Europe

In value terms, production of toothed wheels, chain sprockets and other transmission elements surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 32% against the previous year. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Toothed wheels, chain sprockets and other transmission elements

Exports in Eastern Europe

After two years of decline, overseas shipments of toothed wheels, chain sprockets and other transmission elements increased by 18% to X tons in 2021. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements soared to $X in 2021. The total export value increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of export peaked at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

In 2021, the Czech Republic (X tons) and Poland (X tons) represented the largest exporters of toothed wheels, chain sprockets and other transmission elements in Eastern Europe, together amounting to near 61% of total exports. It was distantly followed by Slovakia (X tons), Romania (X tons) and Hungary (X tons), together generating a 30% share of total exports. Russia (X tons) and 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 +13.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest toothed wheels, chain sprockets and other transmission elements supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and the Czech Republic ($X), together accounting for 68% of total exports. These countries were followed by Romania, Hungary, Russia and Belarus, which together accounted for a further 28%.

Hungary, with a CAGR of +9.5%, recorded the highest rates of growth with regard to 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 ton in 2021, growing by 4.3% against the previous year. Over the period under review, the export price, however, showed a mild shrinkage. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 Romania (+4.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Toothed wheels, chain sprockets and other transmission elements

Imports in Eastern Europe

In 2021, purchases abroad of toothed wheels, chain sprockets and other transmission elements was finally on the rise to reach X tons after two years of decline. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 28%. The volume of import peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements surged to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X tons) and Poland (X tons) represented roughly 55% of total imports in 2021. Russia (X tons) ranks next in terms of the total imports with an 11% share, followed by Slovakia (11%), Hungary (9.8%) and Romania (8.7%). Belarus (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of +13.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest toothed wheels, chain sprockets and other transmission elements importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together comprising 61% of total imports.

Among the main importing countries, Poland, with a CAGR of +12.8%, 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, picking up by 1.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 16%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+12.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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