Eastern Europe: Test And Measurement Market 2024

Test And Measurement Market Size in Eastern Europe

The East European test and measurement market dropped significantly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, enjoyed a strong increase. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

Test And Measurement Production in Eastern Europe

In value terms, test and measurement production surged to $X in 2022 estimated in export price. In general, production, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

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Test And Measurement Exports

Exports in Eastern Europe

In 2022, overseas shipments of instruments and apparatus for measuring or checking pressure of liquids or gasses decreased by X% to X units, falling for the fourth year in a row after three years of growth. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, test and measurement exports reached $X in 2022. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Poland represented the largest exporting country with an export of about X units, which recorded X% of total exports. Bulgaria (X units) ranks second in terms of the total exports with a X% share, followed by Romania (X%), the Czech Republic (X%) and Slovakia (X%).

From 2012 to 2022, average annual rates of growth with regard to test and measurement exports from Poland stood at X%. At the same time, Slovakia (X%), Romania (X%), Bulgaria (X%) and the Czech Republic (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. While the share of Bulgaria (X p.p.), Romania (X p.p.), the Czech Republic (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.) displayed negative dynamics.

In value terms, the largest test and measurement supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Bulgaria ($X), with a combined X% share of total exports. Romania and Slovakia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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, increasing by X% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

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

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

Test And Measurement Imports

Imports in Eastern Europe

In 2022, imports of instruments and apparatus for measuring or checking pressure of liquids or gasses in Eastern Europe dropped notably to X units, which is down by X% against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, test and measurement imports fell remarkably to $X in 2022. Total imports indicated a strong 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2021, and then reduced markedly in the following year.

Imports by Country

Poland (X units) and Slovakia (X units) represented the main importers of instruments and apparatus for measuring or checking pressure of liquids or gasses in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by the Czech Republic (X units), Hungary (X units), Russia (X units), Romania (X units) and Ukraine (X units), together mixing up a X% share of total imports.

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

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Russia, Romania, Slovakia and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Eastern Europe stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

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

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

Source: IndexBox Platform

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