Eastern Europe: Printed Circuit Market 2024

Printed Circuit Market Size in Eastern Europe

The East European printed circuit market fell to $X in 2022, remaining stable against the previous year. Overall, consumption recorded a resilient expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Printed Circuit Production in Eastern Europe

In value terms, printed circuit production contracted to $X in 2022 estimated in export price. The total output 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 growth pace was the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Printed Circuit Exports

Exports in Eastern Europe

In 2022, shipments abroad of printed circuits increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, printed circuit exports contracted modestly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Poland (X units), Hungary (X units), Romania (X units), Slovakia (X units) and the Czech Republic (X units), together amounting to X% of total export. Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest printed circuit supplying countries in Eastern Europe were Hungary ($X), Romania ($X) and the Czech Republic ($X), together comprising X% of total exports.

In terms of the main exporting countries, Romania, 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

The export price in Eastern Europe stood at $X per unit in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while Poland ($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.

Printed Circuit Imports

Imports in Eastern Europe

In 2022, supplies from abroad of printed circuits increased by X% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, printed circuit imports totaled $X in 2022. Total imports indicated a remarkable 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Hungary was the largest importer of printed circuits in Eastern Europe, with the volume of imports recording X units, which was near X% of total imports in 2022. Poland (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%), the Czech Republic (X%) and Slovakia (X%). The following importers - Bulgaria (X units) and Russia (X units) - each recorded a X% share of total imports.

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

In value terms, the largest printed circuit importing markets in Eastern Europe were Hungary ($X), Romania ($X) and the Czech Republic ($X), together accounting for X% of total imports. Poland, Slovakia, Bulgaria and Russia lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

The import price in Eastern Europe stood at $X per unit in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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