Eastern Europe: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Eastern Europe

The East European transmission apparatus market skyrocketed to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Transmission Apparatus Production in Eastern Europe

In value terms, transmission apparatus production dropped to $X in 2023 estimated in export price. Over the period under review, production, however, showed a deep slump. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Transmission Apparatus Exports

Exports in Eastern Europe

In 2023, overseas shipments of transmission apparatus incorporating reception apparatus increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, transmission apparatus exports surged to $X in 2023. Total exports indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked in 2023 and is likely to continue growth in the near future.

Exports by Country

The Czech Republic (X units) and Slovakia (X units) dominates exports structure, together making up X% of total exports. It was distantly followed by Hungary (X units), making up a X% share of total exports. Lithuania (X units), Estonia (X units), Romania (X units), Latvia (X units) and Russia (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Estonia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In the Czech Republic, transmission apparatus exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Slovakia (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, rising by X% against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, 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.

Transmission Apparatus Imports

Imports in Eastern Europe

In 2023, after four years of decline, there was significant growth in overseas purchases of transmission apparatus incorporating reception apparatus, when their volume increased by X% to X units. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X units in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, transmission apparatus imports totaled $X in 2023. Total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in the immediate term.

Imports by Country

Russia was the key importer of transmission apparatus incorporating reception apparatus in Eastern Europe, with the volume of imports resulting at X units, which was near X% of total imports in 2023. The Czech Republic (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (X%) and Romania (X%). Ukraine (X units), Hungary (X units) and Estonia (X units) took a minor share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Estonia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Romania experienced a relatively flat trend pattern. By contrast, Slovakia (X%), Ukraine (X%) and Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia, the Czech Republic and Estonia 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, the largest transmission apparatus importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Slovakia ($X), with a combined X% share of total imports.

The Czech Republic, 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 2023, the import price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The growth pace was the most rapid in 2022 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2023 and is likely to continue growth in the near future.

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

From 2012 to 2023, 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