Eastern Europe: Resistor Market 2024

Resistor Market Size in Eastern Europe

The East European resistor market contracted modestly to $X in 2022, dropping by X% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then declined slightly in the following year.

Resistor Production in Eastern Europe

In value terms, resistor production soared to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in the near future.

Resistor Exports

Exports in Eastern Europe

In 2022, exports of electrical resistors (except heating resistors) in Eastern Europe amounted to X units, growing by X% compared with the previous year's figure. Total exports indicated a prominent increase 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 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, resistor exports expanded markedly 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 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units) and Hungary (X units) were the largest exporters of electrical resistors (except heating resistors) in 2022, recording approx. X% and X% of total exports, respectively. Slovakia (X units) took the next position in the ranking, distantly followed by Poland (X units). All these countries together held near X% share of total exports. Romania (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 key exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per thousand units, reducing by X% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per thousand units in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Poland ($X per thousand units), while Hungary ($X per thousand units) 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 mixed trends in the export price figures.

Resistor Imports

Imports in Eastern Europe

In 2022, supplies from abroad of electrical resistors (except heating resistors) decreased by X% to X units, falling for the fifth year in a row after two years of growth. Overall, imports, however, recorded a tangible increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, resistor imports contracted modestly to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

Hungary prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Romania (X units), achieving a X% share of total imports. The Czech Republic (X units), Poland (X units) and Slovakia (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to resistor imports into Hungary stood at X%. At the same time, Poland (X%), the Czech Republic (X%), Slovakia (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Poland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X), the Czech Republic ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Romania, with a CAGR of X%, saw 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 thousand units, remaining relatively unchanged against the previous year. In general, the import price, however, posted a tangible increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per thousand units, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per thousand units), while Hungary ($X per thousand units) 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 more modest paces of growth.

Source: IndexBox Platform

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