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I have a core i9 16 core at % Ghz CPU , 32 Gb and and rtx2080 Super
If i want to export a modified 1 hour mp4 with original size 800 Mb it takes me around 10 minutes with max CPU load
Also my GPU acceleration is greyed out (thats another issue)
Is this normal ?
1st, your GPU is not in the supported list https://helpx.adobe.com/premiere-elements/using/gpu-acceleration.html and even if it was, it would only be used to help render the timeline for smooth playback, not for exporting
As far as your export time... I don't think that 10 minutes for one hour of video is slow
I agree with John.
A "rule of thumb" used to be one to one was acceptable. Slower meant you might be shopping for a computer. Faster meant you were good! To get 10 minutes for a one hour video would be suspected for exaggeration.