Europe: Computing Machinery Market 2024

Computing Machinery Market Size in Europe

In 2022, after two years of growth, there was significant decline in the Europe computing machinery market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Computing Machinery Production in Europe

In value terms, computing machinery production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible decline. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Computing Machinery Exports

Exports in Europe

In 2022, overseas shipments of computing machinery and parts and accessories thereof decreased by X% to X units, falling for the second year in a row after three years of growth. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, computing machinery exports rose modestly to $X in 2022. Total exports indicated measured growth 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands was the largest exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Germany (X units) and the Czech Republic (X units), together creating a X% share of total exports. The UK (X units), Poland (X units), Slovakia (X units), France (X units), Ireland (X units), Italy (X units), Spain (X units), Hungary (X units) and Belgium (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to computing machinery exports from the Netherlands stood at X%. At the same time, Slovakia (X%), Spain (X%) and Ireland (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Hungary and Italy experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%), Poland (X%), Germany (X%), the UK (X%), France (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Slovakia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest computing machinery supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with an X% share of total exports. It was followed by the Czech Republic, with a X% share.

In the Netherlands, computing machinery exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, picking up by X% 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 2021 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 Hungary ($X per unit), while Slovakia ($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 more modest paces of growth.

Computing Machinery Imports

Imports in Europe

Computing machinery imports contracted significantly to X units in 2022, shrinking by X% against the previous year's figure. Over the period under review, imports recorded a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, computing machinery imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X units) and Germany (X units) represented the largest importers of computing machinery and parts and accessories thereof in 2022, resulting at near X% and X% of total imports, respectively. France (X units) held the next position in the ranking, followed by the Czech Republic (X units), the UK (X units), Russia (X units) and Italy (X units). All these countries together held approx. X% share of total imports. Poland (X units), Belgium (X units), Spain (X units), Hungary (X units), Sweden (X units) and Denmark (X units) followed a long way behind the leaders.

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

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Czech Republic, France, Italy, Poland, Russia, Spain, Sweden, Belgium, Hungary and Denmark lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Europe stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :