Eastern Europe: Video Monitor Market 2024

Video Monitor Market Size in Eastern Europe

The East European video monitor market rose notably to $X in 2021, picking up by 5.9% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; 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 in 2021 and is expected to retain growth in the immediate term.

Video Monitor Production in Eastern Europe

In value terms, video monitor production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2021.

Video Monitor Exports

Exports in Eastern Europe

In 2021, the amount of video monitors exported in Eastern Europe shrank modestly to X units, remaining constant against 2020 figures. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 94%. As a result, the exports reached the peak of X units, leveling off in the following year.

In value terms, video monitor exports soared to $X in 2021. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 57% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

The Czech Republic (X units) and Poland (X units) represented roughly 76% of total exports in 2021. It was distantly followed by Hungary (X units) and Slovakia (X units), together constituting a 19% share of total exports. Romania (X units) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +23.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 87% of total exports. These countries were followed by Hungary and Romania, which together accounted for a further 9%.

Hungary, with a CAGR of +22.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 2021, surging by 16% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Slovakia ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.6%), while the other leaders experienced a decline in the export price figures.

Video Monitor Imports

Imports in Eastern Europe

In 2021, the amount of video monitors imported in Eastern Europe totaled X units, surging by 2% compared with the previous year. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 81% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, video monitor imports surged to $X in 2021. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 58%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

The countries with the highest levels of video monitor imports in 2021 were the Czech Republic (X units), Poland (X units) and Russia (X units), together recording 74% of total import. It was distantly followed by Slovakia (X units), making up a 9.3% share of total imports. The following importers - Hungary (X units), Ukraine (X units) and Romania (X units) - each reached an 8.9% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 75% share of total imports.

Among the main importing countries, Poland, with a CAGR of +22.8%, recorded the highest rates of growth with regard to 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 2021, picking up by 17% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2014 when the import price increased by 26%. The level of import peaked at $X per unit in 2018; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Romania ($X per unit) and Hungary ($X per unit), while Ukraine ($X per unit) and the Czech Republic ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+16.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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