Eastern Europe: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Eastern Europe

The East European market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose markedly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption recorded a buoyant expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Eastern Europe

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded notably to $X in 2023 estimated in export price. In general, production showed a strong expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Eastern Europe

In 2023, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Eastern Europe amounted to X square meters, approximately reflecting the year before. Total exports indicated a buoyant increase 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. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose modestly to $X in 2023. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum in 2023 and are expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Russia (X square meters), the Czech Republic (X square meters), Hungary (X square meters) and Belarus (X square meters), together amounting to X% of total export. Poland (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Latvia (X%). Slovakia (X square meters) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplying countries in Eastern Europe were the Czech Republic ($X), Hungary ($X) and Russia ($X), with a combined X% share of total exports. Latvia, Belarus, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Latvia, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 square meter, remaining stable against the previous year. Export price indicated a measured expansion from 2012 to 2023: its price 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, export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% against 2015 indices. The growth pace was the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2023 and is expected to retain growth in the immediate term.

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 Latvia ($X per square meter), while Poland ($X per square meter) was amongst the lowest.

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

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Eastern Europe

In 2023, the amount of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imported in Eastern Europe expanded rapidly to X square meters, picking up by X% against the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters. From 2022 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2023. Overall, imports saw a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of attained the peak figure in 2023 and are likely to see steady growth in the near future.

Imports by Country

In 2023, Russia (X square meters) was the major importer of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, comprising X% of total imports. Poland (X square meters) held the second position in the ranking, distantly followed by Lithuania (X square meters) and the Czech Republic (X square meters). All these countries together held near X% share of total imports. Romania (X square meters), Latvia (X square meters) and Slovakia (X square meters) took a minor share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Poland (X%), Latvia (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. The Czech Republic experienced a relatively flat trend pattern. By contrast, Slovakia (X%) and Romania (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Lithuania (X p.p.) and Latvia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Romania (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Romania, with an X% share.

In Russia, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Poland (X% per year) and Romania (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per square meter, with an increase of X% against the previous year. Import price indicated resilient growth from 2012 to 2023: its price 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, import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% against 2014 indices. The pace of growth was the most pronounced in 2014 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

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 Romania ($X per square meter), while Russia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform