Eastern Europe: Electronic Chip Market 2025

Electronic Chip Market Size in Eastern Europe

After two years of decline, the East European electronic chip market increased by 6.1% to $X in 2021. The total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Electronic Chip Production in Eastern Europe

In value terms, electronic chip production dropped notably to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Electronic Chip Exports

Exports in Eastern Europe

Electronic chip exports contracted to X units in 2021, which is down by -14.9% on the previous year's figure. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 38%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, electronic chip exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 23%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

The biggest shipments were from the Czech Republic (X units), Poland (X units) and Hungary (X units), together accounting for 67% of total export. Romania (X units) held the next position in the ranking, followed by Bulgaria (X units), Lithuania (X units) and Slovakia (X units). All these countries together held approx. 29% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +15.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest electronic chip supplier in Eastern Europe, comprising 46% of total exports. The second position in the ranking was taken by Hungary ($X), with a 16% share of total exports. It was followed by Bulgaria, with a 12% share.

In the Czech Republic, electronic chip exports increased at an average annual rate of +1.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hungary (+0.3% per year) and Bulgaria (+14.6% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, growing by 40% against the previous year. In general, the export price enjoyed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Lithuania (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+17.7%), while the other leaders experienced more modest paces of growth.

Electronic Chip Imports

Imports in Eastern Europe

In 2021, purchases abroad of electronic chips decreased by -24.3% to X units, falling for the second year in a row after four years of growth. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2016 when imports increased by 39% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic chip imports soared to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.6% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Hungary (X units) represented the major importer of electronic chips, generating 58% of total imports. Lithuania (X units) held the second position in the ranking, followed by Poland (X units), the Czech Republic (X units), Romania (X units) and Slovakia (X units). All these countries together took approx. 39% share of total imports.

Imports into Hungary decreased at an average annual rate of -2.6% from 2012 to 2021. At the same time, Lithuania (+31.3%), Romania (+4.8%) and the Czech Republic (+3.1%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +31.3% from 2012-2021. Slovakia experienced a relatively flat trend pattern. By contrast, Poland (-8.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Lithuania, Romania and the Czech Republic increased by +9.5, +3 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electronic chip importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), together accounting for 67% of total imports. These countries were followed by Romania, Slovakia and Lithuania, which together accounted for a further 16%.

Lithuania, with a CAGR of +22.1%, 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

The import price in Eastern Europe stood at $X per thousand units in 2021, picking up by 54% against the previous year. In general, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per thousand units), while Lithuania ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+18.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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