Eastern Europe: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Eastern Europe

After five years of growth, the East European domestic electro-thermic appliances market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Domestic Electro-Thermic Appliances Production in Eastern Europe

In value terms, domestic electro-thermic appliances production reached $X in 2022 estimated in export price. Over the period under review, production showed a pronounced setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Domestic Electro-Thermic Appliances Exports

Exports in Eastern Europe

In 2022, after ten years of growth, there was significant decline in shipments abroad of domestic electro-thermic appliances, when their volume decreased by X% to X units. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, domestic electro-thermic appliances exports fell to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, Poland (X units), distantly followed by Hungary (X units), Romania (X units), the Czech Republic (X units), Ukraine (X units), Slovakia (X units) and Russia (X units) were the key exporters of domestic electro-thermic appliances, together mixing up X% of total exports.

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

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

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The export price in Eastern Europe stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

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

Domestic Electro-Thermic Appliances Imports

Imports in Eastern Europe

In 2022, after six years of growth, there was significant decline in purchases abroad of domestic electro-thermic appliances, when their volume decreased by X% to X units. Total imports indicated temperate growth from 2012 to 2022: its volume 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 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then contracted in the following year.

In value terms, domestic electro-thermic appliances imports contracted to $X in 2022. Overall, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell modestly in the following year.

Imports by Country

Russia was the major importing country with an import of about X units, which amounted to X% of total imports. Poland (X units) ranks second in terms of the total imports with a X% share, followed by Hungary (X%), the Czech Republic (X%), Ukraine (X%), Slovakia (X%) and Belarus (X%).

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), Slovakia (X%), Poland (X%), the Czech Republic (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Belarus and Slovakia 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, Russia ($X), Poland ($X) and Hungary ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The Czech Republic, Slovakia, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of 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, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Belarus ($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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