Eastern Europe: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in Eastern Europe

The East European hand-made lace market rose to $X in 2022, picking up by X% against the previous year. The total consumption indicated a pronounced 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Hand-Made Lace Production in Eastern Europe

In value terms, hand-made lace production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Hand-Made Lace Exports

Exports in Eastern Europe

In 2022, approx. X tons of hand-made lace in the piece, in strips or in motifs were exported in Eastern Europe; jumping by X% against the year before. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand-made lace exports surged to $X in 2022. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the two major exporters of hand-made lace in the piece, in strips or in motifs, namely the Czech Republic and Hungary, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of X%).

In value terms, the largest hand-made lace supplying countries in Eastern Europe were the Czech Republic ($X) and Hungary ($X).

Among the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the Czech Republic amounted to $X per ton.

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

Hand-Made Lace Imports

Imports in Eastern Europe

After two years of growth, purchases abroad of hand-made lace in the piece, in strips or in motifs decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, hand-made lace imports skyrocketed to $X in 2022. In general, imports, however, enjoyed measured growth. The growth pace was the most rapid 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 major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Belarus (X tons), creating a X% share of total imports. Romania (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%) and Romania (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Russia and Belarus increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported hand-made lace in the piece, in strips or in motifs in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Romania (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Romania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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