Hungary - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCutting Blade Price in Hungary - 2023
Contents:
- Cutting Blade Price in Hungary (CIF) - 2023
- Cutting Blade Price in Hungary (FOB) - 2022
- Cutting Blade Imports in Hungary
- Cutting Blade Exports in Hungary
Cutting Blade Price in Hungary (CIF) - 2023
The average cutting blade import price stood at $19,667 per ton in June 2023, declining by -14.5% against the previous month. Overall, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 53% month-to-month. The import price peaked at $29,796 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($50,036 per ton), while the price for Serbia ($4,931 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cutting Blade Price in Hungary (FOB) - 2022
The average cutting blade export price stood at $28,873 per ton in 2022, surging by 24% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cutting blade export price increased by +105.5% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($27,635 per ton), while the average price for exports to Poland ($12,073 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cutting Blade Imports in Hungary
In 2022, purchases abroad of knives and cutting blades (for machines or for mechanical appliances) decreased by -8% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 158% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cutting blade imports soared to $36M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cutting Blade in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.1 | 13.0 | 13.6 | 14.3 | 3.0% |
| Switzerland | 2.9 | 3.4 | 3.5 | 3.6 | 7.5% |
| China | 2.0 | 3.4 | 4.2 | 3.5 | 20.5% |
| Austria | 2.9 | 1.8 | 1.9 | 1.8 | -14.7% |
| Italy | 1.0 | 1.0 | 1.0 | 0.9 | -3.5% |
| Czech Republic | 1.3 | 0.8 | 0.7 | 0.9 | -11.5% |
| France | 0.6 | 1.1 | 1.4 | 0.8 | 10.1% |
| Poland | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Others | 4.8 | 3.9 | 4.6 | 9.7 | 26.4% |
| Total | 28.7 | 28.4 | 31.1 | 36.2 | 8.0% |
Top Suppliers of Cutting Blade to Hungary in 2022:
- Germany (1137.7 tons)
- China (278.1 tons)
- Switzerland (115.5 tons)
- Poland (90.4 tons)
- France (72.8 tons)
- Italy (42.5 tons)
- Austria (41.8 tons)
- Czech Republic (35.8 tons)
Cutting Blade Exports in Hungary
In 2022, shipments abroad of knives and cutting blades (for machines or for mechanical appliances) increased by 7.2% to 757 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep slump.
In value terms, cutting blade exports skyrocketed to $22M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +50.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cutting Blade in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.3 | 11.6 | 12.5 | 17.2 | 11.8% |
| Romania | 1.6 | 0.8 | 1.1 | 1.2 | -9.1% |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0% |
| Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.9 | 2.0 | 2.6 | 2.8 | 13.8% |
| Total | 16.0 | 14.6 | 16.4 | 21.9 | 11.0% |
Top Export Markets for Cutting Blade from Hungary in 2022:
- Germany (621.7 tons)
- Poland (19.4 tons)
- Czech Republic (17.6 tons)
- Romania (8.9 tons)
This report provides an in-depth analysis of the cutting blade 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 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
- Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
- Prodcom 25736053 -
- Prodcom 25736055 -
- Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
- Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances
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
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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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This report provides an in-depth analysis of the cutting blade market in Hungary.
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This report provides an in-depth analysis of the global cutting blade market.
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This report provides an in-depth analysis of the cutting blade market in Hungary.
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This report provides an in-depth analysis of the global cutting blade market.
40
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
761
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
779
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
40
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
761
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
779
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
