Eastern Europe: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Eastern Europe

In 2022, after two years of growth, there was significant decline in the East European spectrometers and spectrophotometers market, when its value decreased by X% to $X. In general, consumption, however, showed a prominent increase. As a result, consumption reached the peak level of $X, and then fell in the following year.

Spectrometers And Spectrophotometers Production in Eastern Europe

In value terms, spectrometers and spectrophotometers production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable setback. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Spectrometers And Spectrophotometers Exports

Exports in Eastern Europe

For the third consecutive year, Eastern Europe recorded growth in shipments abroad of spectrometers and spectrophotometers, which increased by X% to X units in 2022. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, spectrometers and spectrophotometers exports dropped modestly to $X in 2022. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted slightly in the following year.

Exports by Country

The Czech Republic represented the largest exporter of spectrometers and spectrophotometers in Eastern Europe, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Hungary (X units) held the second position in the ranking, followed by Estonia (X units), Romania (X units), Russia (X units) and Poland (X units). All these countries together held approx. X% share of total exports. Lithuania (X units) followed a long way behind the leaders.

Exports from the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Estonia (X%), Hungary (X%) and Poland (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Russia experienced a relatively flat trend pattern. By contrast, Lithuania (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.), Romania (X p.p.) and Estonia (X p.p.) significantly strengthened its position in terms of the total exports, while Poland, Hungary, Lithuania and Russia saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the Czech Republic ($X) remains the largest spectrometers and spectrophotometers supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with an X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a noticeable curtailment. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, 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 Lithuania ($X per unit), while Estonia ($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 mixed trends in the export price figures.

Spectrometers And Spectrophotometers Imports

Imports in Eastern Europe

After two years of growth, overseas purchases of spectrometers and spectrophotometers decreased by X% to X units in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, spectrometers and spectrophotometers imports fell sharply to $X in 2022. Overall, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) and the Czech Republic (X units) represented the main importers of spectrometers and spectrophotometers in Eastern Europe, together comprising X% of total imports. Poland (X units) held the next position in the ranking, followed by Hungary (X units), Ukraine (X units) and Romania (X units). All these countries together took near X% share of total imports. Belarus (X units) held a relatively small share of total imports.

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

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

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Poland ($X per unit), while the Czech Republic ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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