Eastern Europe: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in Eastern Europe

In 2021, the East European concrete reinforcing wire rod market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the near future.

Production of Wire Rod Used For Concrete Reinforcing in Eastern Europe

In value terms, concrete reinforcing wire rod production stood at $X in 2021 estimated in export price. Overall, production, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2017 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 2021, production stood at a somewhat lower figure.

Production By Country in Eastern Europe

The countries with the highest volumes of in 2021 were Ukraine (X tons), Russia (X tons) and the Czech Republic (X tons), with a combined X% share of total production. Moldova and Belarus lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Belarus (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

Exports of Wire Rod Used For Concrete Reinforcing

Exports in Eastern Europe

In 2021, exports of wire rod used for concrete reinforcing in Eastern Europe soared to X tons, growing by X% compared with 2020 figures. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete reinforcing wire rod exports soared to $X in 2021. Over the period under review, exports recorded a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Russia (X tons) represented the major exporter of wire rod used for concrete reinforcing, committing X% of total exports. Ukraine (X tons) held the second position in the ranking, followed by the Czech Republic (X tons), Poland (X tons) and Belarus (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Ukraine ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of total exports. Poland and Belarus lagged somewhat behind, together comprising a further X terms of the main exporting countries, Belarus, 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 ton in 2021, picking up by X% against the previous year. Export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Poland ($X per ton) and the Czech Republic ($X per ton), while Russia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, 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.

Imports of Wire Rod Used For Concrete Reinforcing

Imports in Eastern Europe

In 2021, overseas purchases of wire rod used for concrete reinforcing increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, concrete reinforcing wire rod imports soared to $X in 2021. Overall, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the five major importers of wire rod used for concrete reinforcing, namely Romania, Poland, Slovakia, the Czech Republic and Hungary, represented more than two-thirds of total import. It was distantly followed by Bulgaria (X tons), generating a X% share of total imports. Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and Slovakia ($X) constituted the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

Poland, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Slovakia ($X per ton) and the Czech Republic ($X per ton), while Bulgaria ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2021, 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

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