Eastern Europe: Data Storage Device Market 2025

Data Storage Device Market Size in Eastern Europe

The East European data storage device market rose slightly to $X in 2022, surging by 2% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the market value increased by 7.4% against the previous year. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Data Storage Device Production in Eastern Europe

In value terms, data storage device production contracted sharply to $X in 2022 estimated in export price. In general, production, however, showed notable growth. The growth pace was the most rapid in 2021 with an increase of 133% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Data Storage Device Exports

Exports in Eastern Europe

In 2022, overseas shipments of data storage devices decreased by -16.7% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 18%. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, data storage device exports fell to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +8.1% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 41%. 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

In 2022, the Czech Republic (X units), distantly followed by Poland (X units), Slovakia (X units), Latvia (X units) and Lithuania (X units) represented the key exporters of data storage devices, together committing 88% of total exports. The following exporters - Hungary (X units) and Romania (X units) - each reached a 7.6% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +24.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest data storage device supplying countries in Eastern Europe were the Czech Republic ($X), Hungary ($X) and Poland ($X), with a combined 88% share of total exports. Slovakia, Latvia, Romania and Lithuania lagged somewhat behind, together accounting for a further 10%.

In terms of the main exporting countries, Latvia, with a CAGR of +25.4%, saw the highest rates of growth with regard to the value of exports, 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, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2017 an increase of 24%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 Hungary ($X per unit), while Lithuania ($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 (+13.2%), while the other leaders experienced more modest paces of growth.

Data Storage Device Imports

Imports in Eastern Europe

Data storage device imports fell to X units in 2022, which is down by -7% compared with the previous year. Overall, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, data storage device imports dropped to $X in 2022. The total import value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. The level of import peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

The countries with the highest levels of data storage device imports in 2022 were the Czech Republic (X units), Poland (X units) and Russia (X units), together resulting at 70% of total import. Hungary (X units) held an 8.7% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (7.4%) and Romania (4.6%). Latvia (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Russia ($X) were the countries with the highest levels of imports in 2022, together comprising 72% of total imports. Hungary, Slovakia, Latvia and Romania lagged somewhat behind, together comprising a further 25%.

In terms of the main importing countries, Latvia, with a CAGR of +19.2%, recorded the highest growth rate of 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 Eastern Europe stood at $X per unit in 2022, picking up by 2.3% against the previous year. Import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, data storage device import price increased by +18.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by 16%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 Hungary ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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