Eastern Europe: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Eastern Europe

In 2023, the East European civil reaction engine market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Civil Reaction Engine Production in Eastern Europe

In value terms, civil reaction engine production stood at $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Civil Reaction Engine Exports

Exports in Eastern Europe

In 2023, exports of civil reaction engines in Eastern Europe skyrocketed to X units, jumping by X% on the year before. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the near future.

In value terms, civil reaction engine exports skyrocketed to $X in 2023. In general, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Poland dominates exports structure, resulting at X units, which was near X% of total exports in 2023. Romania (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to civil reaction engine exports from Poland stood at X%. At the same time, Romania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Poland and Romania increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest civil reaction engine supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with less than X% share of total exports.

In Poland, civil reaction engine exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

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 unit), while Romania stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%).

Civil Reaction Engine Imports

Imports in Eastern Europe

Civil reaction engine imports dropped remarkably to X units in 2023, with a decrease of X% against the previous year's figure. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, civil reaction engine imports reduced rapidly to $X in 2023. In general, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Slovakia (X units), Poland (X units), the Czech Republic (X units), Romania (X units) and Russia (X units) represented roughly X% of total imports in 2023. It was distantly followed by Hungary (X units), making up a X% 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 Slovakia (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Poland ($X), Russia ($X) and Slovakia ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a sharp contraction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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 Russia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform