Eastern Europe: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Eastern Europe

In 2021, the East European electronic lamp machine market decreased by -16% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a noticeable descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Electronic Lamp Machine Production in Eastern Europe

In value terms, electronic lamp machine production declined to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 15%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Electronic Lamp Machine Exports

Exports in Eastern Europe

In 2021, approx. X units of machines for electric or electronic lamps, tubes, valves or flashbulbs were exported in Eastern Europe; increasing by 17% on 2020. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 70%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, electronic lamp machine exports fell dramatically to $X in 2021. Over the period under review, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2014 with an increase of 156%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary dominates exports structure, accounting for X units, which was near 86% of total exports in 2021. It was distantly followed by Russia (X units) and the Czech Republic (X units), together achieving a 14% share of total exports.

Exports from Hungary decreased at an average annual rate of -7.6% from 2012 to 2021. At the same time, the Czech Republic (+20.0%) and Russia (+11.7%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +20.0% from 2012-2021. Hungary (+60 p.p.), the Czech Republic (+6.9 p.p.) and Russia (+6.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest electronic lamp machine supplier in Eastern Europe, comprising 53% of total exports. The second position in the ranking was taken by Russia ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Czech Republic amounted to +19.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+3.2% per year) and Hungary (-30.0% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, declining by -55.4% against the previous year. Overall, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 313%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.2%), while the other leaders experienced a decline in the export price figures.

Electronic Lamp Machine Imports

Imports in Eastern Europe

In 2021, supplies from abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -38.7% to X units, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 215% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, electronic lamp machine imports dropped dramatically to $X in 2021. In general, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 168% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then fell dramatically in the following year.

Imports by Country

In 2021, Slovakia (X units), Romania (X units), Ukraine (X units) and Hungary (X units) was the largest importer of machines for electric or electronic lamps, tubes, valves or flashbulbs in Eastern Europe, generating 83% of total import. The Czech Republic (X units) held a 9.8% share (based on physical terms) of total imports, which put it in second place, followed by Russia (6%).

From 2012 to 2021, the biggest increases were in Hungary (with a CAGR of +18.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest electronic lamp machine importing markets in Eastern Europe were Slovakia ($X), Ukraine ($X) and Hungary ($X), with a combined 73% share of total imports.

Slovakia, with a CAGR of +24.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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 unit in 2021, surging by 26% against the previous year. In general, the import price saw resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Ukraine ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+39.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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