Eastern Europe: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Eastern Europe

In 2021, the East European trichloroethylene and tetrachloroethylene market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Production in Eastern Europe

In value terms, trichloroethylene and tetrachloroethylene production expanded slightly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 9.4%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports in Eastern Europe

In 2021, overseas shipments of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by 17% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, recorded a pronounced downturn. The growth pace was the most rapid in 2017 when exports increased by 43%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports soared to $X in 2021. Overall, exports, however, showed a abrupt shrinkage. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic prevails in exports structure, finishing at X tons, which was near 91% of total exports in 2021. It was distantly followed by Russia (X tons), generating a 4.7% share of total exports. Poland (X tons) followed a long way behind the leaders.

The Czech Republic was also the fastest-growing in terms of the trichloroethylene and tetrachloroethylene (perchloroethylene) exports, with a CAGR of +5.4% from 2012 to 2021. Poland (-4.2%) and Russia (-25.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Czech Republic increased by +53 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest trichloroethylene and tetrachloroethylene supplier in Eastern Europe, comprising 82% of total exports. The second position in the ranking was taken by Russia ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Czech Republic amounted to -1.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (-22.3% per year) and Poland (-9.6% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, with an increase of 20% against the previous year. Overall, the export price, however, recorded a abrupt slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat 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 Russia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.8%), while the other leaders experienced a decline in the export price figures.

Trichloroethylene And Tetrachloroethylene Imports

Imports in Eastern Europe

In 2021, approx. X tons of trichloroethylene and tetrachloroethylene (perchloroethylene) were imported in Eastern Europe; shrinking by -2.8% against the year before. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports skyrocketed to $X in 2021. In general, imports showed a mild decline. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) represented the largest importer of trichloroethylene and tetrachloroethylene (perchloroethylene), committing 73% of total imports. It was distantly followed by Poland (X tons), generating a 12% share of total imports. Ukraine (X tons), Romania (X tons), Belarus (X tons) and the Czech Republic (X tons) took a minor share of total imports.

Russia was also the fastest-growing in terms of the trichloroethylene and tetrachloroethylene (perchloroethylene) imports, with a CAGR of +8.0% from 2012 to 2021. At the same time, Romania (+1.6%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (-4.9%), Ukraine (-8.4%) and Belarus (-11.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia increased by +31 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported trichloroethylene and tetrachloroethylene (perchloroethylene) in Eastern Europe, comprising 65% of total imports. The second position in the ranking was held by Poland ($X), with an 18% share of total imports. It was followed by Romania, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +5.7%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (-4.3% per year) and Romania (+1.1% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 39% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. 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 the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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