Eastern Europe: Plastic Supports Market 2024

Plastic Supports Market Size in Eastern Europe

In 2023, after nine years of growth, there was significant decline in the East European plastic supports market, when its value decreased by X% to $X. Over the period under review, consumption, however, showed a strong expansion. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Plastic Supports Production in Eastern Europe

In value terms, plastic supports production contracted notably to $X in 2023 estimated in export price. Overall, production, however, saw prominent growth. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Plastic Supports Exports

Exports in Eastern Europe

In 2023, overseas shipments of spools, cops, bobbins and similar supports of plastics decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Total exports indicated a tangible expansion 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 most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2022, and then dropped in the following year.

In value terms, plastic supports exports reduced to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2022, and then reduced in the following year.

Exports by Country

In 2023, Poland (X tons), Hungary (X tons), Slovakia (X tons), Romania (X tons) and the Czech Republic (X tons) was the largest exporter of spools, cops, bobbins and similar supports of plastics in Eastern Europe, constituting X% of total export. The following exporters - Lithuania (X tons) and Moldova (X tons) - each accounted for an X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Moldova (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest plastic supports supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and Romania ($X), together comprising X% of total exports. Hungary, the Czech Republic, Moldova and Lithuania lagged somewhat behind, together comprising a further X%.

Moldova, with a CAGR of X%, saw the highest growth rate of 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

In 2023, the export price in Eastern Europe amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, saw a slight slump. The growth pace was the most rapid in 2018 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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 Poland ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Plastic Supports Imports

Imports in Eastern Europe

In 2023, after two years of growth, there was significant decline in supplies from abroad of spools, cops, bobbins and similar supports of plastics, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then reduced in the following year.

In value terms, plastic supports imports fell modestly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Poland (X tons), Romania (X tons), Hungary (X tons), Slovakia (X tons) and the Czech Republic (X tons) was the major importer of spools, cops, bobbins and similar supports of plastics in Eastern Europe, achieving X% of total import. Russia (X tons) held the next position in the ranking, followed by Belarus (X tons). All these countries together took near X% share of total imports.

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

In value terms, Poland ($X), Slovakia ($X) and Romania ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Hungary, the Czech Republic, Russia and Belarus lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2023, the import price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Russia ($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.

Source: IndexBox Platform