Hungary - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCombined Refrigerator-Freezer Price in Hungary - 2023
Contents:
- Combined Refrigerator-Freezer Price in Hungary (CIF) - 2023
- Combined Refrigerator-Freezer Price in Hungary (FOB) - 2023
- Combined Refrigerator-Freezer Imports in Hungary
- Combined Refrigerator-Freezer Exports in Hungary
Combined Refrigerator-Freezer Price in Hungary (CIF) - 2023
In July 2023, the average combined refrigerator-freezer import price amounted to $616 per unit, rising by 1.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 an increase of 15% month-to-month. As a result, import price reached the peak level of $634 per unit. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($780 per unit), while the price for Germany ($333 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Combined Refrigerator-Freezer Price in Hungary (FOB) - 2023
The average combined refrigerator-freezer export price stood at $725 per unit in July 2023, falling by -5.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 an increase of 21% m-o-m. The export price peaked at $765 per unit in June 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($974 per unit), while the average price for exports to Iraq ($112 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Combined Refrigerator-Freezer Imports in Hungary
Combined refrigerator-freezer imports into Hungary reduced to 193K units in 2022, falling by -3.9% against 2021 figures. In general, imports saw a noticeable descent. The smallest decline of -2.8% was in 2021. Imports peaked at 222K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, combined refrigerator-freezer imports declined slightly to $62M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 4.4%. As a result, imports attained the peak of $64M, and then shrank in the following year.
| Import of Combined Refrigerator-Freezer in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 11.2 | 15.1 | 14.3 | 32.8% |
| Slovakia | 9.3 | 7.8 | 12.9 | 13.3 | 12.7% |
| Poland | 21.2 | 20.5 | 12.8 | 11.2 | -19.2% |
| Romania | 6.8 | 5.5 | 6.2 | 6.4 | -2.0% |
| Turkey | 5.7 | 3.7 | 4.3 | 4.8 | -5.6% |
| Italy | 1.7 | 2.1 | 3.4 | 3.8 | 30.8% |
| Serbia | 4.5 | 3.5 | 2.3 | 3.4 | -8.9% |
| Hong Kong SAR | N/A | 2.9 | 2.8 | 0.1 | -81.4% |
| Others | 3.9 | 4.1 | 4.2 | 4.2 | 2.5% |
| Total | 59.1 | 61.2 | 64.0 | 61.5 | 1.3% |
Top Suppliers of Combined Refrigerator-Freezer to Hungary in 2022:
- China (51.6K units)
- Slovakia (37.0K units)
- Poland (27.8K units)
- Romania (25.4K units)
- Turkey (17.1K units)
- Serbia (12.9K units)
- Italy (9.9K units)
- Hong Kong SAR (0.8K units)
Combined Refrigerator-Freezer Exports in Hungary
For the third consecutive year, Hungary recorded decline in shipments abroad of combined refrigerators-freezers, which decreased by -6% to 180K units in 2022. Overall, exports recorded a dramatic downturn. The exports peaked at 536K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, combined refrigerator-freezer exports rose modestly to $63M in 2022. In general, exports saw a abrupt setback. Over the period under review, the exports reached the peak figure at $113M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Combined Refrigerator-Freezer in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 32.1 | 33.2 | 27.8 | 30.3 | -1.9% |
| Bulgaria | 0.4 | 0.5 | 0.7 | 6.3 | 150.7% |
| Switzerland | 5.8 | 6.1 | 5.5 | 6.0 | 1.1% |
| Finland | 6.7 | 5.1 | 6.0 | 5.8 | -4.7% |
| Germany | 13.1 | 10.9 | 5.8 | 5.5 | -25.1% |
| Denmark | 4.4 | 3.6 | 2.6 | 1.1 | -37.0% |
| Poland | 3.6 | 2.6 | 2.2 | 0.9 | -37.0% |
| Morocco | 3.5 | 1.8 | 0.8 | 0.7 | -41.5% |
| Italy | 11.2 | 6.2 | 1.6 | 0.6 | -62.3% |
| Netherlands | 3.2 | 2.3 | 0.4 | 0.5 | -46.1% |
| Czech Republic | 5.1 | 2.3 | 0.9 | 0.4 | -57.2% |
| France | 5.6 | 3.0 | 2.1 | 0.3 | -62.3% |
| Spain | 6.0 | 2.5 | 0.2 | N/A | -81.7% |
| Others | 12.5 | 9.0 | 5.1 | 4.8 | -27.3% |
| Total | 113 | 88.9 | 61.6 | 63.3 | -17.6% |
Top Export Markets for Combined Refrigerator-Freezer from Hungary in 2022:
- Sweden (88.8K units)
- Germany (21.2K units)
- Finland (17.5K units)
- Bulgaria (13.9K units)
- Switzerland (11.9K units)
- Denmark (3.3K units)
- Poland (3.2K units)
- Italy (1.6K units)
- Netherlands (1.5K units)
- Czech Republic (1.4K units)
- Morocco (1.4K units)
- France (0.9K units)
This report provides an in-depth analysis of the combined refrigerator-freezer market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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