Levels Market Overview in Eastern Europe
In value terms, levels production stood at $ in 2018 estimated in export prices. Overall, levels production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when production volume increased by % year-to-year. Over the period under review, levels production attained its maximum level at $ in 2016; however, from 2017 to 2018, production stood at a somewhat lower figure.
Hungary ( units) remains the largest levels producing country in Eastern Europe, comprising approx. % of total volume.
In Hungary, levels production remained relatively stable over the period from 2007-2018.
The revenue of the levels market in Eastern Europe amounted to $ in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, levels consumption, however, continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. The level of levels consumption peaked at $ in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.
From 2007 to 2018, the average annual growth rate of volume in Russia amounted to +%. The remaining consuming countries recorded the following average annual rates of consumption growth: Poland (-% per year) and the Czech Republic (-% per year).
In value terms, Russia ($) led the market, alone. The second position in the ranking was occupied by Poland ($). It was followed by Slovakia.
In Russia, the levels market increased at an average annual rate of +% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Poland (-% per year) and Slovakia (+% per year).
The countries with the highest levels of levels per capita consumption in 2018 were Russia ( units per persons), Slovakia ( units per persons) and the Czech Republic ( units per persons).
From 2007 to 2018, the most notable rate of growth in terms of levels per capita consumption, amongst the main consuming countries, was attained by Russia, while levels per capita consumption for the other leaders experienced more modest paces of growth.