Eastern Europe: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Eastern Europe

In 2022, after four years of growth, there was significant decline in the East European electrical signalling apparatus market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed mild growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Electrical Signalling Apparatus Production in Eastern Europe

In value terms, electrical signalling apparatus production soared to $X in 2022 estimated in export price. Overall, production showed a pronounced slump. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports in Eastern Europe

In 2022, electrical signalling apparatus exports in Eastern Europe soared to X units, growing by X% on the year before. Total exports indicated notable 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, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, electrical signalling apparatus exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Poland (X units), Romania (X units), Slovakia (X units), the Czech Republic (X units) and Hungary (X units) represented roughly X% of total exports in 2022. Bulgaria (X units) and Belarus (X units) followed a long way behind the leaders.

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

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

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in Eastern Europe amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

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 the Czech Republic ($X per unit), while Romania ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports in Eastern Europe

In 2022, overseas purchases of electrical apparatus for sound or visual signalling decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted measured growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, electrical signalling apparatus imports shrank significantly to $X in 2022. Over the period under review, imports, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Slovakia (X units), Russia (X units), Poland (X units), Hungary (X units), Romania (X units) and the Czech Republic (X units) represented the main importer of electrical apparatus for sound or visual signalling in Eastern Europe, creating X% of total import. Bulgaria (X units) took a minor share of total imports.

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

In value terms, the largest electrical signalling apparatus importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Slovakia ($X), together comprising X% of total imports. Russia, Romania, Hungary and Bulgaria 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

In 2022, the import price in Eastern Europe amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price showed a slight shrinkage. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices remained at a 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 the Czech Republic ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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