Eastern Europe: Computing Machinery Market 2024

Computing Machinery Market Size in Eastern Europe

In 2022, the East European computing machinery market decreased by X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, saw a noticeable expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Computing Machinery Production in Eastern Europe

In value terms, computing machinery production fell rapidly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then declined rapidly in the following year.

Computing Machinery Exports

Exports in Eastern Europe

In 2022, approx. X units of computing machinery and parts and accessories thereof were exported in Eastern Europe; increasing by X% on the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, computing machinery exports reached $X in 2022. Total exports indicated a prominent 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, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The Czech Republic was the main exporting country with an export of about X units, which accounted for X% of total exports. Poland (X units) ranks second in terms of the total exports with a X% share, followed by Slovakia (X%), Hungary (X%) and Romania (X%). Lithuania (X units) followed a long way behind the leaders.

Exports from the Czech Republic decreased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Hungary experienced a relatively flat trend pattern. By contrast, Romania (X%) and Poland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Slovakia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest computing machinery supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In the Czech Republic, computing machinery exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Computing Machinery Imports

Imports in Eastern Europe

In 2022, supplies from abroad of computing machinery and parts and accessories thereof decreased by X% to X units, falling for the second year in a row after three years of growth. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, computing machinery imports declined modestly to $X in 2022. Total imports indicated a notable expansion 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, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

The purchases of the three major importers of computing machinery and parts and accessories thereof, namely the Czech Republic, Russia and Poland, represented more than two-thirds of total import. Hungary (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%). The following importers - Slovakia (X units) and Ukraine (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest computing machinery importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Russia ($X), with a combined X% share of total imports. Hungary, Slovakia, Romania and Ukraine lagged somewhat behind, together comprising a further X%.

Ukraine, 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

In 2022, the import price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price 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, computing machinery import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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