Eastern Europe: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Eastern Europe

In 2022, the East European spindles and spindle flyer market decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Eastern Europe

In value terms, spindles and spindle flyer production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports in Eastern Europe

In 2022, overseas shipments of spindles and spindle flyers, spinning ring and ring travellers increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, spindles and spindle flyer exports soared to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Romania (X tons) followed a long way behind the leaders.

The Czech Republic was also the fastest-growing in terms of the spindles and spindle flyers, spinning ring and ring travellers exports, with a CAGR of X% from 2012 to 2022. At the same time, Romania (X%) displayed positive paces of growth. While the share of the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Romania (X p.p.) displayed negative dynamics.

In value terms, the Czech Republic ($X) remains the largest spindles and spindle flyer supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Czech Republic totaled X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the Czech Republic stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%).

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports in Eastern Europe

In 2022, purchases abroad of spindles and spindle flyers, spinning ring and ring travellers increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, spindles and spindle flyer imports totaled $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Romania represented the key importer of spindles and spindle flyers, spinning ring and ring travellers in Eastern Europe, with the volume of imports recording X tons, which was near X% of total imports in 2022. The Czech Republic (X tons) held the second position in the ranking, distantly followed by Russia (X tons) and Poland (X tons). All these countries together held approx. X% share of total imports. Hungary (X tons) followed a long way behind the leaders.

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

In value terms, Romania ($X) constitutes the largest market for imported spindles and spindle flyers, spinning ring and ring travellers in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Romania stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Russia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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