Hungary - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights

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Disc Harrow Price in Hungary - 2023

Contents:

  1. Disc Harrow Price in Hungary (CIF) - 2023
  2. Disc Harrow Price in Hungary (FOB) - 2022
  3. Disc Harrow Imports in Hungary
  4. Disc Harrow Exports in Hungary

Disc Harrow Price in Hungary (CIF) - 2023

In June 2023, the average disc harrow import price amounted to $4,995 per unit, picking up by 19% against the previous month. Overall, import price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, disc harrow import price increased by +19.0% against April 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 35% month-to-month. Over the period under review, average import prices hit record highs at $6,150 per unit in January 2023; afterwards, it flattened through to June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($6,100 per unit), while the price for Ukraine ($2,099 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Disc Harrow Price in Hungary (FOB) - 2022

In 2022, the average disc harrow export price amounted to $4,012 per unit, with an increase of 7.2% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, disc harrow export price increased by +157.4% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 62%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($4,882 per unit), while the average price for exports to Switzerland ($1,548 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Disc Harrow Imports in Hungary

In 2022, supplies from abroad of disc harrows decreased by -0.9% to 3K units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 15%. As a result, imports attained the peak of 3.4K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, disc harrow imports declined to $11M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 16%. Over the period under review, imports hit record highs at $12M in 2021, and then fell in the following year.

Import of Disc Harrow in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.67.17.35.7-4.8%
Czech Republic0.61.51.51.535.7%
Romania0.10.20.11.2128.9%
Poland1.11.41.30.9-6.5%
Turkey0.10.10.10.571.0%
Ukraine0.20.30.30.426.0%
France0.60.60.30.4-12.6%
Austria0.3N/A0.30.30.0%
Italy0.10.10.10.10.0%
Serbia0.20.20.2N/A0.0%
Others0.10.11.00.344.2%
Total9.911.512.411.24.2%

Top Suppliers of Disc Harrow to Hungary in 2022:

  1. Germany (872.0 units)
  2. Poland (564.0 units)
  3. Romania (439.0 units)
  4. Turkey (282.0 units)
  5. Czech Republic (282.0 units)
  6. Ukraine (215.0 units)
  7. France (85.0 units)
  8. Italy (79.0 units)
  9. Austria (72.0 units)
  10. Serbia (10.0 units)

Disc Harrow Exports in Hungary

In 2022, shipments abroad of disc harrows decreased by -56.5% to 391 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2020 when exports increased by 180% against the previous year. The exports peaked at 898 units in 2021, and then reduced sharply in the following year.

In value terms, disc harrow exports reduced sharply to $1.6M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 224%. Over the period under review, the exports reached the peak figure at $3.4M in 2021, and then reduced remarkably in the following year.

Export of Disc Harrow in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania4491,1971,3621,35644.5%
Slovakia61.550125489.613.4%
BulgariaN/AN/AN/A64.00%
KazakhstanN/AN/AN/A27.80%
Ukraine13828392718.5-48.8%
Serbia1124904751.9-74.3%
Croatia4.379.4N/AN/A1746.5%
Others30.021.63419.2-32.6%
Total7942,5723,3591,56825.5%

Top Export Markets for Disc Harrow from Hungary in 2022:

  1. Romania (326.0 units)
  2. Slovakia (26.0 units)
  3. Kazakhstan (15.0 units)
  4. Bulgaria (13.0 units)
  5. Ukraine (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the disc harrow 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 28303220 - Disc harrows

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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