Eastern Europe: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Eastern Europe

In 2019, the East European market for tube or pipe fittings of non-malleable cast iron increased by X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Eastern Europe

In value terms, non-malleable cast iron pipe fittings production expanded modestly to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Production By Country in Eastern Europe

Poland (X tons) constituted the country with the largest volume of non-malleable cast iron pipe fittings production, accounting for X% of total volume. Moreover, non-malleable cast iron pipe fittings production in Poland exceeded the figures recorded by the second-largest producer, the Czech Republic (X tons), fivefold. Hungary (X tons) ranked third in terms of total production with a X% share.

In Poland, non-malleable cast iron pipe fittings production remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: the Czech Republic (+X% per year) and Hungary (-X% per year).

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports in Eastern Europe

For the third year in a row, Eastern Europe recorded decline in overseas shipments of tube or pipe fittings of non-malleable cast iron, which decreased by -X% to X tons in 2019. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, non-malleable cast iron pipe fittings exports reached $X in 2019. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

The Czech Republic was the main exporter of tube or pipe fittings of non-malleable cast iron in Eastern Europe, with the volume of exports reaching X tons, which was near X% of total exports in 2019. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Hungary (X%). The following exporters - Russia (X tons), Slovakia (X tons) and Ukraine (X tons) - together made up X% of total exports.

The Czech Republic experienced a relatively flat trend pattern with regard to volume of exports of tube or pipe fittings of non-malleable cast iron. At the same time, Slovakia (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2019. By contrast, Russia (-X%), Poland (-X%) and Hungary (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Slovakia and Ukraine increased by +X% and +X% percentage points, while Russia (-X p.p.), the Czech Republic (-X p.p.), Hungary (-X p.p.) and Poland (-X p.p.) saw their share reduced.

In value terms, the Czech Republic ($X) remains the largest non-malleable cast iron pipe fittings supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2007 to 2019, the average annual growth rate of value in the Czech Republic amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (-X% per year) and Slovakia (+X% per year).

Export Prices by Country

In 2019, the export price for tube or pipe fittings of non-malleable cast iron in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Export price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, non-malleable cast iron pipe fittings export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the export price increased by X% against the previous year. The level of export peaked in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Slovakia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports in Eastern Europe

After three years of growth, purchases abroad of tube or pipe fittings of non-malleable cast iron decreased by -X% to X tons in 2019. In general, imports recorded a mild downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, non-malleable cast iron pipe fittings imports contracted slightly to $X in 2019. Over the period under review, imports recorded a mild contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Poland (X tons) represented the largest importer of tube or pipe fittings of non-malleable cast iron, creating X% of total imports. The Czech Republic (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Romania (X%), Russia (X%), Lithuania (X%) and Hungary (X%). Slovakia (X tons) followed a long way behind the leaders.

Poland experienced a relatively flat trend pattern with regard to volume of imports of tube or pipe fittings of non-malleable cast iron. At the same time, Lithuania (+X%) and Romania (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2007-2019. Russia experienced a relatively flat trend pattern. By contrast, Slovakia (-X%), Hungary (-X%) and the Czech Republic (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Romania and Lithuania increased by +X% and +X% percentage points, while Hungary (-X p.p.) and the Czech Republic (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by Russia, Romania, Slovakia and Lithuania, which together accounted for a further X the main importing countries, Lithuania saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2019, the import price for tube or pipe fittings of non-malleable cast iron in Eastern Europe amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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