Eastern Europe: Semiconductor Led Market 2024

Semiconductor Led Market Size in Eastern Europe

In 2022, the East European semiconductor LED market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded strong growth. As a result, consumption reached the peak level of $X, and then fell in the following year.

Semiconductor Led Production in Eastern Europe

In value terms, semiconductor LED production reached $X in 2022 estimated in export price. In general, production enjoyed noticeable growth. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Semiconductor Led Exports

Exports in Eastern Europe

In 2022, semiconductor led exports in Eastern Europe shrank dramatically to X units, waning by X% against the previous year's figure. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, semiconductor LED exports shrank remarkably to $X in 2022. In general, exports showed a deep downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Czech Republic (X units) was the largest exporter of semiconductor light emitting diodes (LEDs), constituting X% of total exports. Poland (X units) held the second position in the ranking, distantly followed by Hungary (X units) and Lithuania (X units). All these countries together took near X% share of total exports. Bulgaria (X units), Slovakia (X units) and Romania (X units) held a little share of total exports.

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

In value terms, the Czech Republic ($X), Hungary ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Slovakia, Lithuania, Bulgaria and Romania lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Hungary (X%), while the other leaders experienced mixed trends in the export price figures.

Semiconductor Led Imports

Imports in Eastern Europe

In 2022, imports of semiconductor light emitting diodes (LEDs) in Eastern Europe contracted to X units, shrinking by X% against 2021 figures. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, semiconductor LED imports reduced notably to $X in 2022. Over the period under review, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Poland (X units) was the major importer of semiconductor light emitting diodes (LEDs), making up X% of total imports. Hungary (X units) ranks second in terms of the total imports with a X% share, followed by the Czech Republic (X%) and Bulgaria (X%). Romania (X units), Ukraine (X units) and Estonia (X units) held a little share of total imports.

Poland was also the fastest-growing in terms of the semiconductor light emitting diodes (LEDs) imports, with a CAGR of X% from 2012 to 2022. At the same time, Estonia (X%) and Hungary (X%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. By contrast, Romania (X%), Bulgaria (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Estonia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Romania (X p.p.), the Czech Republic (X p.p.), Ukraine (X p.p.) and Bulgaria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported semiconductor light emitting diodes (LEDs) in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Poland, semiconductor LED imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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