Eastern Europe: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Eastern Europe

In 2023, the East European market for equipment for scaffolding, shuttering, propping or pit propping decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2022, and then dropped in the following year.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Eastern Europe

In value terms, scaffolding, shuttering, and propping equipment production contracted to $X in 2023 estimated in export price. The total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2022, and then reduced in the following year.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in Eastern Europe

In 2023, overseas shipments of equipment for scaffolding, shuttering, propping or pit propping decreased by X% to X tons, falling for the third year in a row after four years of growth. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports declined to $X in 2023. Total exports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then declined in the following year.

Exports by Country

In 2023, Poland (X tons) represented the key exporter of equipment for scaffolding, shuttering, propping or pit propping, mixing up X% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with a X% share, followed by Russia (X%), Romania (X%), Latvia (X%) and Hungary (X%). Slovakia (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to scaffolding, shuttering, and propping equipment exports from Poland stood at X%. At the same time, Russia (X%), Latvia (X%) and Romania (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, the Czech Republic (X%), Slovakia (X%) and Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland, Russia and Latvia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest scaffolding, shuttering, and propping equipment supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Poland stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, dropping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in Eastern Europe

In 2023, after two years of growth, there was significant decline in overseas purchases of equipment for scaffolding, shuttering, propping or pit propping, when their volume decreased by X% to X tons. Total imports indicated pronounced growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2022, and then contracted in the following year.

In value terms, scaffolding, shuttering, and propping equipment imports declined dramatically to $X in 2023. Total imports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-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 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2022, and then dropped sharply in the following year.

Imports by Country

In 2023, Poland (X tons), distantly followed by Romania (X tons), Russia (X tons), the Czech Republic (X tons), Bulgaria (X tons) and Hungary (X tons) were the key importers of equipment for scaffolding, shuttering, propping or pit propping, together achieving X% of total imports. Slovakia (X tons) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment importing markets in Eastern Europe were Poland ($X), Russia ($X) and Romania ($X), with a combined X% share of total imports. The Czech Republic, Bulgaria, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, saw 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

The import price in Eastern Europe stood at $X per ton in 2023, waning by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform