Eastern Europe: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Eastern Europe

The East European organo-inorganic compounds market rose significantly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Organo-Inorganic Compounds Production in Eastern Europe

In value terms, organo-inorganic compounds production totaled $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Organo-Inorganic Compounds Exports

Exports in Eastern Europe

In 2022, shipments abroad of organo-inorganic compounds (excluding organo-sulphur compounds) increased by X% to X tons, rising for the third consecutive year after five years of decline. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, organo-inorganic compounds exports expanded significantly to $X in 2022. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The biggest shipments were from Russia (X tons), Slovakia (X tons) and Poland (X tons), together recording X% of total export. Hungary (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Latvia (X%). The following exporters - the Czech Republic (X tons) and Ukraine (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Hungary ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Latvia, Slovakia, the Czech Republic and Ukraine lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, waning by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports in Eastern Europe

In 2022, after two years of growth, there was decline in purchases abroad of organo-inorganic compounds (excluding organo-sulphur compounds), when their volume decreased by X% to X tons. Overall, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank slightly in the following year.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Russia was the largest importing country with an import of about X tons, which recorded X% of total imports. Poland (X tons) ranks second in terms of the total imports with a X% share, followed by Ukraine (X%) and the Czech Republic (X%). Romania (X tons), Slovakia (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported organo-inorganic compounds (excluding organo-sulphur compounds) in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Russia, organo-inorganic compounds imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, organo-inorganic compounds import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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