Eastern Europe: Vacuum Pump Market 2024

Vacuum Pump Market Size in Eastern Europe

The East European vacuum pump market declined slightly to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a pronounced reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Vacuum Pump Production in Eastern Europe

In value terms, vacuum pump production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Vacuum Pump Exports

Exports in Eastern Europe

In 2022, approx. X units of vacuum pumps were exported in Eastern Europe; with a decrease of X% against the previous year. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, vacuum pump exports rose to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of vacuum pumps, namely Hungary, the Czech Republic and Bulgaria, represented more than two-thirds of total export. Romania (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%). Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest vacuum pump supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In the Czech Republic, vacuum pump exports expanded 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: Romania (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, faced a deep reduction. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum 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 the Czech Republic ($X per unit), while Hungary ($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 export price figures.

Vacuum Pump Imports

Imports in Eastern Europe

In 2022, the amount of vacuum pumps imported in Eastern Europe declined to X units, remaining stable against 2021 figures. Total imports indicated a tangible expansion 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 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, leveling off in the following year.

In value terms, vacuum pump imports fell to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Hungary (X units), distantly followed by Poland (X units), Slovakia (X units), the Czech Republic (X units), Romania (X units) and Russia (X units) represented the key importers of vacuum pumps, together creating X% of total imports. Bulgaria (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 purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vacuum pump importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Russia ($X), with a combined X% share of total imports. Hungary, Slovakia, Romania and Bulgaria lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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, declining by X% against the previous year. Over the period under review, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, 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 ($X per unit), while Hungary ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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