Hungary - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights

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Electric Hair Dryer Price in Hungary - 2023

Contents:

  1. Electric Hair Dryer Price in Hungary (FOB) - 2023
  2. Electric Hair Dryer Price in Hungary (CIF) - 2023
  3. Electric Hair Dryer Exports in Hungary
  4. Electric Hair Dryer Imports in Hungary

Electric Hair Dryer Price in Hungary (FOB) - 2023

The average electric hair dryer export price stood at $25.9 per unit in August 2023, declining by -1.5% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 22% m-o-m. The export price peaked at $28.1 per unit in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($48.7 per unit), while the average price for exports to Iraq ($1.5 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 Romania (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hair Dryer Price in Hungary (CIF) - 2023

In August 2023, the average electric hair dryer import price amounted to $18.9 per unit, with an increase of 7.6% against the previous month. In general, the import price, however, saw a mild curtailment. The growth pace was the most rapid in November 2022 when the average import price increased by 32% m-o-m. Over the period under review, average import prices attained the maximum at $34.9 per unit in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($43.2 per unit), while the price for Belgium ($1.5 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 Slovakia (+4.8%), while the prices for the other major suppliers experienced a decline.

Electric Hair Dryer Exports in Hungary

In 2022, after two years of decline, there was significant growth in overseas shipments of electric hair dryers, when their volume increased by 12% to 754K units. Over the period under review, exports, however, faced a abrupt shrinkage. The exports peaked at 1.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric hair dryer exports amounted to $17M in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Electric Hair Dryer in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.63.43.74.14.4%
FranceN/A0.92.82.979.5%
United Kingdom7.94.43.12.7-30.1%
Romania1.21.31.71.610.1%
Greece0.70.60.61.116.3%
Czech Republic0.70.81.31.012.6%
Slovakia0.60.70.90.914.5%
Bulgaria0.60.60.80.75.3%
Latvia0.40.20.20.2-20.6%
Others0.91.11.51.826.0%
Total16.814.016.717.00.4%

Top Export Markets for Electric Hair Dryer from Hungary in 2022:

  1. Poland (202.9K units)
  2. Romania (89.3K units)
  3. France (85.1K units)
  4. United Kingdom (77.7K units)
  5. Greece (53.0K units)
  6. Slovakia (49.9K units)
  7. Czech Republic (43.4K units)
  8. Bulgaria (39.7K units)
  9. Latvia (9.4K units)

Electric Hair Dryer Imports in Hungary

In 2022, the amount of electric hair dryers imported into Hungary rose markedly to 837K units, picking up by 10% compared with 2021. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electric hair dryer imports soared to $16M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +53.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electric Hair Dryer in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.76.16.37.80.4%
Germany1.92.44.35.845.1%
Slovakia0.70.60.40.5-10.6%
NetherlandsN/AN/AN/A0.30%
France0.30.20.30.2-12.6%
Hong Kong SAR1.0N/AN/AN/A0%
Others1.00.90.91.00.0%
Total12.710.212.215.67.1%

Top Suppliers of Electric Hair Dryer to Hungary in 2022:

  1. China (522.4K units)
  2. Germany (238.0K units)
  3. Slovakia (28.5K units)
  4. Netherlands (13.5K units)
  5. France (8.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric hair dryer 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 27512310 - Electric hair dryers

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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