Eastern Europe: Melamine Resins Market 2024

Melamine Resins Market Size in Eastern Europe

The East European melamine resins market expanded significantly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Melamine Resins Production in Eastern Europe

In value terms, melamine resins production rose modestly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Melamine Resins Exports

Exports in Eastern Europe

In 2023, overseas shipments of melamine resins in primary forms decreased by X% to X tons, falling for the second consecutive year after six years of growth. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, melamine resins exports contracted dramatically to $X in 2023. In general, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then reduced markedly in the following year.

Exports by Country

In 2023, the Czech Republic (X tons), Slovakia (X tons), Belarus (X tons) and Poland (X tons) represented the key exporter of melamine resins in primary forms in Eastern Europe, comprising X% of total export. Romania (X tons) took a minor share of total exports.

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 melamine resins supplying countries in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Poland ($X), together comprising X% of total exports. Belarus and Romania lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, recorded 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

The export price in Eastern Europe stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then reduced dramatically 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 Romania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Melamine Resins Imports

Imports in Eastern Europe

In 2023, the amount of melamine resins in primary forms imported in Eastern Europe soared to X tons, jumping by X% against 2022 figures. In general, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in years to come.

In value terms, melamine resins imports dropped sharply to $X in 2023. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then dropped markedly in the following year.

Imports by Country

Poland prevails in imports structure, recording X tons, which was approx. X% of total imports in 2023. It was distantly followed by the Czech Republic (X tons), Bulgaria (X tons), Hungary (X tons), Latvia (X tons), Ukraine (X tons) and Russia (X tons), together making up a X% share of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Bulgaria (X%), the Czech Republic (X%), Hungary (X%), Ukraine (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia experienced a relatively flat trend pattern. From 2012 to 2023, the share of Poland and Bulgaria increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported melamine resins in primary forms in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Hungary (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton 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 Russia ($X per ton), while Poland ($X per ton) 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 mixed trends in the import price figures.

Source: IndexBox Platform