Eastern Europe: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Eastern Europe

The East European market for drawn glass and blown glass shrank to $X in 2023, waning by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Production of Drawn Glass And Blown Glass in Eastern Europe

In value terms, drawn glass and blown glass production fell slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Exports of Drawn Glass And Blown Glass

Exports in Eastern Europe

In 2023, drawn glass and blown glass exports in Eastern Europe expanded sharply to X square meters, increasing by X% on the previous year's figure. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X square meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports reached $X in 2023. Over the period under review, exports posted a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Russia was the largest exporting country with an export of around X square meters, which recorded X% of total exports. It was distantly followed by Estonia (X square meters), comprising an X% share of total exports. The following exporters - Bulgaria (X square meters) and the Czech Republic (X square meters) - each resulted at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to drawn glass and blown glass exports from Russia stood at X%. At the same time, Estonia (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Bulgaria experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia and Estonia increased by X and X percentage points, respectively.

In value terms, the largest drawn glass and blown glass supplying countries in Eastern Europe were Russia ($X), the Czech Republic ($X) and Estonia ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in Eastern Europe stood at $X per square meter in 2023, declining by X% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2022 an increase of X%. The level of export peaked at $X per square meter in 2015; however, from 2016 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 the Czech Republic ($X per square meter), while Russia ($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 the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Drawn Glass And Blown Glass

Imports in Eastern Europe

In 2023, imports of drawn glass and blown glass in Eastern Europe declined modestly to X square meters, remaining stable against 2022 figures. Overall, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, drawn glass and blown glass imports declined slightly to $X in 2023. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. 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

In 2023, Estonia (X square meters) represented the largest importer of drawn glass and blown glass, achieving X% of total imports. It was distantly followed by Slovakia (X square meters), Ukraine (X square meters), Poland (X square meters) and Romania (X square meters), together creating a X% share of total imports. The following importers - the Czech Republic (X square meters) and Lithuania (X square meters) - each reached a X% share of total imports.

Estonia was also the fastest-growing in terms of the drawn glass and blown glass imports, with a CAGR of X% from 2012 to 2023. At the same time, Ukraine (X%) displayed positive paces of growth. Lithuania, Slovakia and Romania experienced a relatively flat trend pattern. By contrast, Poland (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Estonia (X p.p.), Ukraine (X p.p.), Slovakia (X p.p.), Romania (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Poland and the Czech Republic saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Estonia ($X), Romania ($X) and Ukraine ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Estonia, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 square meter in 2023, falling by X% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2023, import prices stood 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 Romania ($X per square meter), while Poland ($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 the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform