Hungary - Electric Brazing Or Soldering Machines And Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Electric Brazing Or Soldering Machines And Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Electric Brazing Machine Price in Hungary - 2023

Contents:

  1. Electric Brazing Machine Price in Hungary (CIF) - 2023
  2. Electric Brazing Machine Price in Hungary (FOB) - 2022
  3. Electric Brazing Machine Imports in Hungary
  4. Electric Brazing Machine Exports in Hungary

Electric Brazing Machine Price in Hungary (CIF) - 2023

In August 2023, the average electric brazing machine import price amounted to $255 per unit, dropping by -19% against the previous month. Overall, the import price, however, recorded a moderate increase. The pace of growth appeared the most rapid in March 2023 an increase of 501% month-to-month. As a result, import price attained the peak level of $581 per unit. From April 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($251 per unit), while the price for the United States ($11.7 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 (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Electric Brazing Machine Price in Hungary (FOB) - 2022

The average electric brazing machine export price stood at $244 per unit in 2022, picking up by 2.4% against the previous year. In general, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 206%. As a result, the export price reached the peak level of $408 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($623 per unit), while the average price for exports to Moldova ($48 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 Croatia (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports in Hungary

For the fourth year in a row, Hungary recorded growth in overseas purchases of electric brazing or soldering machines and apparatus, which increased by 22% to 37K units in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, electric brazing machine imports surged to $8.5M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electric Brazing Machine in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,3964,0713,4826,28537.9%
China40128280762816.1%
Hong Kong SAR2961841923889.4%
Singapore3.61.30.4120221.8%
Netherlands14.485.117984.480.3%
SwedenN/A0.1N/A79.12712.5%
Others1,3556691,852947-11.3%
Total4,4675,2926,5138,53224.1%

Top Suppliers of Electric Brazing Machine to Hungary in 2022:

  1. Germany (19.8K units)
  2. China (9.7K units)
  3. Hong Kong SAR (2.8K units)
  4. Sweden (1.1K units)
  5. Netherlands (0.7K units)
  6. Singapore (0.7K units)

Electric Brazing Machine Exports in Hungary

In 2022, overseas shipments of electric brazing or soldering machines and apparatus decreased by -49.8% to 5.6K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 250%. As a result, the exports reached the peak of 11K units, and then dropped sharply in the following year.

In value terms, electric brazing machine exports contracted significantly to $1.4M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 257% against the previous year. As a result, the exports attained the peak of $2.7M, and then contracted notably in the following year.

Export of Electric Brazing Machine in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China42.70.764.8418113.9%
Ukraine12.2443465217161.0%
Poland30.216274720188.1%
United States90.122.945418527.1%
CroatiaN/AN/AN/A1520%
Germany54.01.183614238.0%
MoldovaN/AN/A8.94.4-50.6%
Serbia64.417.12.41.2-73.5%
BrazilN/A52.0N/AN/A0%
Others90.450.094.554.9-15.3%
Total3847502,6731,37553.0%

Top Export Markets for Electric Brazing Machine from Hungary in 2022:

  1. United States (1581.0 units)
  2. China (1190.0 units)
  3. Ukraine (912.0 units)
  4. Croatia (715.0 units)
  5. Germany (519.0 units)
  6. Poland (322.0 units)
  7. Moldova (92.0 units)
  8. Serbia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric brazing machine 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 27903118 - Electric brazing or soldering machines and apparatus (excluding soldering irons and guns)

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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