EU: Computing Machinery Market 2024

Computing Machinery Market Size in the EU

After two years of growth, the EU computing machinery market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced in the following year.

Computing Machinery Production in the EU

In value terms, computing machinery production reduced remarkably to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Computing Machinery Exports

Exports in the EU

After four years of growth, overseas shipments of computing machinery and parts and accessories thereof decreased by X% to X units in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2021, and then fell modestly in the following year.

In value terms, computing machinery exports rose slightly to $X in 2022. Total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, the Netherlands (X units) was the major exporter of computing machinery and parts and accessories thereof, comprising X% of total exports. Germany (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units). All these countries together took near X% share of total exports. Poland (X units), Slovakia (X units), France (X units), Ireland (X units), Italy (X units), Spain (X units), Hungary (X units) and Belgium (X units) took a little share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Spain (X%) and Ireland (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Hungary and Italy experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%), Poland (X%), Germany (X%), France (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Slovakia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest computing machinery supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Computing Machinery Imports

Imports in the EU

In 2022, overseas purchases of computing machinery and parts and accessories thereof decreased by X% to X units, falling for the second consecutive year after three years of growth. Overall, imports saw a slight reduction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, computing machinery imports expanded slightly to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the Netherlands (X units) and Germany (X units) were the major importers of computing machinery and parts and accessories thereof in the European Union, together resulting at approx. X% of total imports. France (X units) took the next position in the ranking, followed by the Czech Republic (X units), Italy (X units) and Poland (X units). All these countries together took approx. X% share of total imports. The following importers - Belgium (X units), Spain (X units), Hungary (X units), Sweden (X units) and Denmark (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, Italy, Poland, Spain, Sweden, Belgium, Hungary and Denmark lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to 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 the European Union stood at $X per unit in 2022, rising by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, computing machinery import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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