In 2024, Lithuania leads the European Repair of Audiovisual, Photographic, and Information Processing Equipment HICP, with a value of 16.116. It is followed by Hungary and the Czech Republic. Notable year-on-year increases were seen in Hungary and Lithuania, with Lithuania's value growing by 7.04% and Hungary by 7.32% in 2022. In contrast, countries like Montenegro, Ireland, and Cyprus showcased minor negative change, suggesting a stagnation or decline in their repair cost indices. Over a five-year period, Lithuania and Hungary have experienced the most significant growth due to increasing demand and inflation pressures.
Looking ahead, watch for:
- Inflation trends impacting repair costs in Eastern Europe.
- Technological advances in the audiovisual and information sectors potentially influencing service demand and pricing dynamics.
- The impact of regulatory changes on repair industries across different countries.
Top countries in Repair of Audiovisual, Photographic and Information Processing Equipment HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 161.16 | 2022 | +11.82% | +7.04% | View data |
| 2 | 2 Hungary | 155.27 | 2022 | +14.53% | +7.32% | View data |
| 3 | 3 Czech Republic | 142.1 | 2022 | +13.86% | +6.26% | View data |
| 4 | 4 Poland | 137.9 | 2022 | +13.69% | +5.97% | View data |
| 5 | 5 Latvia | 137.5 | 2022 | +7.62% | +3.67% | View data |
| 6 | 6 Estonia | 135.26 | 2022 | +9.57% | +5.84% | View data |
| 7 | 7 Serbia | 132.3 | 2022 | +10.71% | +4.87% | View data |
| 8 | 8 Iceland | 129.41 | 2022 | +1.8% | +2.25% | View data |
| 9 | 9 Netherlands | 124.63 | 2022 | +5.82% | +3.61% | View data |
| 10 | 10 Slovakia | 124.24 | 2022 | +6.74% | +3.91% | View data |
