Eastern Europe: Container Market 2024

Container Market Size in Eastern Europe

The East European container market skyrocketed to $X in 2023, jumping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.

Container Production in Eastern Europe

In value terms, container production skyrocketed to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Container Exports

Exports in Eastern Europe

In 2023, approx. X units of tanks, casks, drums, cans, boxes and similar containers were exported in Eastern Europe; which is down by X% on 2022. Total exports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-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 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2022, and then shrank slightly in the following year.

In value terms, container exports expanded remarkably to $X in 2023. Total exports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. 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 attained the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X units) and Poland (X units) were the major exporters of tanks, casks, drums, cans, boxes and similar containers in 2023, reaching near X% and X% of total exports, respectively. Russia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%), Hungary (X%) and Romania (X%). Estonia (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest container supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Slovakia ($X), together comprising X% of total exports. Hungary, Russia, Romania and Estonia lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 unit in 2023, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

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

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

Container Imports

Imports in Eastern Europe

In 2023, supplies from abroad of tanks, casks, drums, cans, boxes and similar containers decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2023, the growth of imports failed to regain momentum.

In value terms, container imports expanded sharply to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, Poland (X units), distantly followed by Hungary (X units), the Czech Republic (X units), Romania (X units), Russia (X units) and Lithuania (X units) were the major importers of tanks, casks, drums, cans, boxes and similar containers, together committing X% of total imports. The following importers - Slovakia (X units), Bulgaria (X units), Ukraine (X units), Estonia (X units), Latvia (X units) and Belarus (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported tanks, casks, drums, cans, boxes and similar containers in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Poland, container imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lithuania ($X per unit), while Belarus ($X per unit) 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