Eastern Europe: Industrial Robot Market 2024

Industrial Robot Market Size in Eastern Europe

The East European industrial robot market expanded modestly to $X in 2023, picking up by X% against the previous year. Overall, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market remained at a lower figure.

Industrial Robot Production in Eastern Europe

In value terms, industrial robot production stood at $X in 2023 estimated in export price. In general, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

Industrial Robot Exports

Exports in Eastern Europe

In 2023, exports of industrial robots for multiple uses in Eastern Europe soared to X units, growing by X% compared with the previous year's figure. In general, exports saw prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2023, the growth of the exports remained at a lower figure.

In value terms, industrial robot exports soared to $X in 2023. Overall, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X units), Hungary (X units) and Poland (X units) represented roughly X% of total exports in 2023. Slovakia (X units) ranks next in terms of the total exports with a X% share, followed by Bulgaria (X%) and Romania (X%). Russia (X units) followed a long way behind the leaders.

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

In value terms, the largest industrial robot supplying countries in Eastern Europe were Bulgaria ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total exports.

Among the main exporting countries, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, the export price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced mixed trends in the export price figures.

Industrial Robot Imports

Imports in Eastern Europe

In 2023, overseas purchases of industrial robots for multiple uses increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in years to come.

In value terms, industrial robot imports surged to $X in 2023. Total imports indicated resilient growth 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of industrial robot imports in 2023 were the Czech Republic (X units), Russia (X units) and Poland (X units), together recording X% of total import. Romania (X units) ranks next in terms of the total imports with a X% share, followed by Hungary (X%) and Slovakia (X%). Bulgaria (X units) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constitutes the largest market for imported industrial robots for multiple uses in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with an X% share of total imports. It was followed by Romania, with a X% share.

In the Czech Republic, industrial robot imports 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 Romania (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, 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