The report, part of the Yearbook of World Electronics Data series, expects output in the region to remain buoyant as companies continue to relocate production to the region.
Based on constant prices and exchange rates the East European countries grew by 12.7 per cent in 2003 to account for 87 per cent of the total output whilst the FSU countries grew by 4.3 per cent.
Production in East Europe increased by a further 8.7 per cent in 2004 to $28.4bn, and will rise by 8.4 per cent in 2005. Meanwhile the FSU countries grewe by 5.4 per cent in 2004 and are projected at 7.6 per cent in 2005.
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Source: Yearbook of World Electronics Data Volume 4, Reed Electronics Research. |
In contrast growth in electronics output in Western Europe increased by only 1.0 per cent in real terms in 2004, this after declining by 4.2 per cent a year earlier.
Despite the marked difference in performance over the last three years the East European countries covered in the survey still only accounts for around 12 per cent of the European total.
In terms of importance the major countries in the region are Hungary, the Czech Republic and Poland, with the three countries accounting for 74 per cent of electronics output in the region and 55 per cent of the market in 2003.
Further information can be found at: www.rer.co.uk/publications/yearbooks/volume4.shtml
