Eastern Europe: Electroplating Machine Market 2024

Electroplating Machine Market Size in Eastern Europe

The East European electroplating machine market soared to $X in 2023, increasing by X% against the previous year. The total consumption indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Electroplating Machine Production in Eastern Europe

In value terms, electroplating machine production reached $X in 2023 estimated in export price. Over the period under review, production, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

Electroplating Machine Exports

Exports in Eastern Europe

After two years of decline, overseas shipments of machines for electroplating, electrolysis or electrophoresis increased by X% to X units in 2023. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, electroplating machine exports surged to $X in 2023. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units) and Russia (X units) dominates exports structure, together achieving X% of total exports. Poland (X units) took the next position in the ranking, followed by Belarus (X units). All these countries together took near X% share of total exports. The following exporters - Slovakia (X units), Romania (X units) and Latvia (X units) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electroplating machine supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Romania ($X), together comprising X% of total exports. Russia, Slovakia, Belarus and Latvia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 2023, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Romania ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, 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.

Electroplating Machine Imports

Imports in Eastern Europe

Electroplating machine imports skyrocketed to X units in 2023, growing by X% compared with 2022 figures. Overall, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electroplating machine imports skyrocketed to $X in 2023. In general, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Ukraine represented the major importer of machines for electroplating, electrolysis or electrophoresis in Eastern Europe, with the volume of imports recording X units, which was near X% of total imports in 2023. It was distantly followed by Russia (X units), creating a X% share of total imports. Poland (X units) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to electroplating machine imports into Ukraine stood at X%. At the same time, Poland (X%) and Russia (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Ukraine and Poland increased by X and X percentage points, respectively.

In value terms, Russia ($X), Poland ($X) and Ukraine ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2023, with a decrease of X% against the previous year. Overall, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform