Eastern Europe: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Eastern Europe

In 2022, the East European market for vacuum pumps and air or gas compressors increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, saw a slight decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Vacuum Pumps and Air or Gas Compressors in Eastern Europe

In value terms, production of vacuum pumps and air or gas compressors expanded markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports in Eastern Europe

Exports of vacuum pumps and air or gas compressors fell to X units in 2022, dropping by X% on the year before. Total exports indicated a notable expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors shrank to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Poland (X units) and Slovakia (X units) represented the main exporters of vacuum pumps and air or gas compressors in 2022, reaching near X% and X% of total exports, respectively. It was distantly followed by the Czech Republic (X units), Hungary (X units) and Romania (X units), together constituting a X% share of total exports. Belarus (X units) and Bulgaria (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest vacuum pump and air or gas compressor supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and Romania ($X), together accounting for X% of total exports. The Czech Republic, Hungary, Belarus and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Bulgaria, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the export price in Eastern Europe amounted to $X per unit, standing approx. at the previous year. In general, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports in Eastern Europe

In 2022, imports of vacuum pumps and air or gas compressors in Eastern Europe declined to X units, with a decrease of X% against 2021. Total imports indicated a notable expansion from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, imports of vacuum pumps and air or gas compressors fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

The purchases of the three major importers of vacuum pumps and air or gas compressors, namely Poland, Russia and the Czech Republic, represented more than half of total import. Hungary (X units) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%) and Romania (X%). Bulgaria (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vacuum pump and air or gas compressor importing markets in Eastern Europe were Russia ($X), Poland ($X) and Slovakia ($X), together comprising X% of total imports. The Czech Republic, Romania, Hungary and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, waning by X% against the previous year. Overall, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Slovakia ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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