Amplifiers; Audio-Frequency Electric Price in Hungary - 2023
Contents:
- Amplifiers; Audio-Frequency Electric Price in Hungary (FOB) - 2023
- Amplifiers; Audio-Frequency Electric Price in Hungary (CIF) - 2023
- Amplifiers; Audio-Frequency Electric Exports in Hungary
- Amplifiers; Audio-Frequency Electric Imports in Hungary
Amplifiers; Audio-Frequency Electric Price in Hungary (FOB) - 2023
In August 2023, the average amplifiers; audio-frequency electric export price amounted to $266 per unit, increasing by 143% against the previous month. Over the period under review, export price indicated a noticeable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, amplifiers; audio-frequency electric export price increased by +143.0% against July 2023 indices. Over the period under review, the average export prices hit record highs at $325 per unit in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($611 per unit), while the average price for exports to Luxembourg ($65.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifiers; Audio-Frequency Electric Price in Hungary (CIF) - 2023
In August 2023, the average amplifiers; audio-frequency electric import price amounted to $71.6 per unit, dropping by -38.9% against the previous month. In general, the import price showed a noticeable decline. The growth pace was the most rapid in June 2023 an increase of 147% m-o-m. The import price peaked at $282 per unit in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($288 per unit), while the price for Germany ($9.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced a decline.
Amplifiers; Audio-Frequency Electric Exports in Hungary
In 2022, shipments abroad of amplifiers; audio-frequency electrics increased by 20% to 928K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a drastic downturn. Over the period under review, the exports reached the peak figure at 1.3M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, amplifiers; audio-frequency electric exports expanded markedly to $194M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Amplifiers; Audio-Frequency Electric in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 54.8 | 69.2 | 71.2 | 74.5 | 10.8% |
| Sweden | 17.8 | 26.0 | 41.4 | 32.4 | 22.1% |
| United Kingdom | 11.7 | 10.3 | 12.4 | 16.1 | 11.2% |
| Belgium | 7.8 | 11.1 | 10.3 | 13.0 | 18.6% |
| Italy | 9.7 | 9.5 | 11.8 | 12.8 | 9.7% |
| Japan | 0.1 | 1.9 | 3.0 | 7.6 | 323.6% |
| Slovakia | 2.1 | 5.3 | 5.8 | 7.0 | 49.4% |
| Czech Republic | N/A | 0.6 | 1.3 | 5.7 | 208.2% |
| Netherlands | 4.0 | 4.3 | 4.1 | 4.9 | 7.0% |
| Luxembourg | N/A | N/A | N/A | 4.2 | 0% |
| United States | 7.5 | 5.7 | 2.8 | 2.9 | -27.1% |
| Austria | 4.6 | 3.1 | 3.9 | 2.9 | -14.3% |
| Spain | 1.2 | 0.3 | 1.5 | 2.8 | 32.6% |
| Others | 5.5 | 6.7 | 12.6 | 6.8 | 7.3% |
| Total | 127 | 154 | 182 | 194 | 15.2% |
Top Export Markets for Amplifiers; Audio-Frequency Electric from Hungary in 2022:
- Germany (495.9K units)
- Luxembourg (65.6K units)
- Sweden (62.7K units)
- Belgium (45.1K units)
- Slovakia (38.6K units)
- United Kingdom (36.4K units)
- Czech Republic (34.3K units)
- Netherlands (29.4K units)
- Spain (22.0K units)
- Italy (20.0K units)
- Austria (16.6K units)
- Japan (15.7K units)
- United States (8.1K units)
Amplifiers; Audio-Frequency Electric Imports in Hungary
In 2022, supplies from abroad of amplifiers; audio-frequency electrics decreased by -28.4% to 75K units, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 189K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, amplifiers; audio-frequency electric imports contracted to $11M in 2022. Over the period under review, imports saw a abrupt downturn. The smallest decline of -2% was in 2021. Over the period under review, imports hit record highs at $14M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Amplifiers; Audio-Frequency Electric in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.7 | 3.8 | 4.9 | 5.3% |
| Mexico | N/A | 0.1 | 3.1 | 2.4 | 389.9% |
| Germany | 6.0 | 6.1 | 3.9 | 1.9 | -31.8% |
| Netherlands | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Poland | 0.2 | 0.5 | N/A | N/A | 150.0% |
| Romania | 1.4 | 0.4 | 0.1 | N/A | -73.3% |
| Others | 1.9 | 1.2 | 1.6 | 1.8 | -1.8% |
| Total | 13.8 | 13.1 | 12.9 | 11.3 | -6.4% |
Top Suppliers of Amplifiers; Audio-Frequency Electric to Hungary in 2022:
- Germany (29.4K units)
- China (29.3K units)
- Mexico (8.2K units)
- Netherlands (1.9K units)
- Romania (0.6K units)
- Poland (0.1K units)
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