Eastern Europe: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Eastern Europe

In 2023, the East European market for nets of twine, cordage, rope or textile materials decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a temperate increase from 2012 to 2023: its value 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. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Eastern Europe

In value terms, twine, cordage or textile net production rose sharply to $X in 2023 estimated in export price. Over the period under review, production, however, showed a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports in Eastern Europe

After three years of growth, shipments abroad of nets of twine, cordage, rope or textile materials decreased by X% to X tons in 2023. Total exports indicated a prominent expansion from 2012 to 2023: its volume 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 decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then reduced in the following year.

In value terms, twine, cordage or textile net exports contracted modestly to $X in 2023. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2022, and then contracted in the following year.

Exports by Country

Lithuania (X tons) and Poland (X tons) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Slovakia (X tons), Russia (X tons) and the Czech Republic (X tons), together creating a X% share of total exports. The following exporters - Hungary (X tons), Belarus (X tons) and Latvia (X tons) - each amounted to a X% share of total exports.

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

In value terms, Lithuania ($X) remains the largest twine, cordage or textile net supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

In Lithuania, twine, cordage or textile net exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see steady growth in years to come.

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

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports in Eastern Europe

In 2023, overseas purchases of nets of twine, cordage, rope or textile materials decreased by X% to X tons, falling for the second year in a row after two years of growth. Total imports indicated a tangible expansion 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. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, twine, cordage or textile net imports contracted to $X in 2023. Total imports indicated a perceptible increase from 2012 to 2023: its value 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. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Russia was the major importing country with an import of around X tons, which amounted to X% of total imports. Poland (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Lithuania (X%), Romania (X%), the Czech Republic (X%) and Belarus (X%). The following importers - Ukraine (X tons) and Bulgaria (X tons) - each finished at a X% share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Belarus (X%), Bulgaria (X%), Romania (X%), Poland (X%), the Czech Republic (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Poland (X p.p.), Belarus (X p.p.), Romania (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total imports, while Lithuania, Ukraine and Russia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Lithuania, Romania, Belarus, Bulgaria and Ukraine lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Eastern Europe stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a 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 the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform