Eastern Europe: Travel Set Market 2025

Travel Set Market Size in Eastern Europe

In 2021, the East European travel set market decreased by -7.5% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, recorded resilient growth. The level of consumption peaked at $X in 2020, and then declined in the following year.

Travel Set Production in Eastern Europe

In value terms, travel set production fell to $X in 2021 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 96%. The level of production peaked at $X in 2020, and then shrank in the following year.

Travel Set Exports

Exports in Eastern Europe

For the eighth year in a row, Eastern Europe recorded growth in shipments abroad of travel sets, which increased by 94% to X units in 2021. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, travel set exports soared to $X in 2021. Overall, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) and Poland (X units) were the main exporters of travel sets in 2021, accounting for near 41% and 39% of total exports, respectively. It was distantly followed by the Czech Republic (X units), comprising a 12% share of total exports. Lithuania (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +46.5%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest travel set supplier in Eastern Europe, comprising 46% of total exports. The second position in the ranking was held by Russia ($X), with a 19% share of total exports. It was followed by the Czech Republic, with a 16% share.

In Poland, travel set exports expanded at an average annual rate of +15.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+35.6% per year) and the Czech Republic (+5.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2021, falling by -18.2% against the previous year. In general, the export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2018 when the export price increased by 13% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+6.7%), while the other leaders experienced a decline in the export price figures.

Travel Set Imports

Imports in Eastern Europe

In 2021, the amount of travel sets imported in Eastern Europe surged to X units, increasing by 23% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 31%. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, travel set imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia was the major importer of travel sets in Eastern Europe, with the volume of imports resulting at X units, which was near 41% of total imports in 2021. Poland (X units) took a 23% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (8.5%), the Czech Republic (6.5%) and Romania (5.3%). The following importers - Ukraine (X units) and Slovakia (X units) - together made up 7.3% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +17.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest travel set importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for 69% of total imports. These countries were followed by Hungary, Romania, Ukraine and Slovakia, which together accounted for a further 22%.

Hungary, with a CAGR of +15.3%, recorded the highest rates of growth with regard to 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 2021, picking up by 7.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 when the import price increased by 10% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, 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 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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