EU: Video Monitor Market 2024

Video Monitor Market Size in the EU

In 2021, the EU video monitor market decreased by -3.8% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Video Monitor Production in the EU

In value terms, video monitor production dropped sharply to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 43% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Video Monitor Exports

Exports in the EU

In 2021, approx. X units of video monitors were exported in the European Union; increasing by 11% against the previous year's figure. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, video monitor exports soared to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +93.8% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36%. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

The Netherlands represented the key exporting country with an export of around X units, which amounted to 39% of total exports. The Czech Republic (X units) ranks second in terms of the total exports with a 15% share, followed by Poland (14%) and Germany (8.7%). Hungary (X units), Slovakia (X units), Sweden (X units), Belgium (X units), Spain (X units), France (X units) and Denmark (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to video monitor exports from the Netherlands stood at +7.3%. At the same time, Hungary (+23.8%), the Czech Republic (+22.8%), Poland (+19.8%), Denmark (+19.0%), Sweden (+12.3%), Slovakia (+5.3%), France (+4.7%) and Spain (+3.6%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +23.8% from 2012-2021. By contrast, Germany (-1.5%) and Belgium (-1.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Czech Republic, Poland and Hungary increased by +11, +8.3 and +3.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest video monitor supplier in the European Union, comprising 41% of total exports. The second position in the ranking was held by Poland ($X), with a 12% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +8.8%. In the other countries, the average annual rates were as follows: Poland (+20.5% per year) and Germany (+2.3% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, surging by 7.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 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 Belgium ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the other leaders experienced more modest paces of growth.

Video Monitor Imports

Imports in the EU

In 2021, imports of video monitors in the European Union expanded significantly to X units, surging by 13% on the year before. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.0% 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 +88.7% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, video monitor imports surged to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 23%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, the Netherlands (X units), distantly followed by Germany (X units), France (X units), the Czech Republic (X units) and Poland (X units) were the largest importers of video monitors, together creating 71% of total imports. Italy (X units), Spain (X units), Belgium (X units), Sweden (X units), Slovakia (X units), Denmark (X units) and Austria (X units) followed a long way behind the leaders.

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, the largest video monitor importing markets in the European Union were the Netherlands ($X), Germany ($X) and Poland ($X), with a combined 57% share of total imports.

Poland, with a CAGR of +22.8%, recorded the highest growth rate of 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 the European Union stood at $X per unit in 2021, growing by 7.4% against the previous year. In general, the import price recorded modest growth. The most prominent rate of growth was recorded in 2017 when the import price increased by 14% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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