Hungary - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Sound Amplifier Price in Hungary - 2023
Contents:
- Electric Sound Amplifier Price in Hungary (CIF) - 2022
- Electric Sound Amplifier Price in Hungary (FOB) - 2022
- Electric Sound Amplifier Imports in Hungary
- Electric Sound Amplifier Exports in Hungary
Electric Sound Amplifier Price in Hungary (CIF) - 2022
In 2022, the average electric sound amplifier import price amounted to $180 per unit, waning by -3.7% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 69%. The import price peaked at $187 per unit in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($346 per unit), while the price for Hong Kong SAR ($72 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Sound Amplifier Price in Hungary (FOB) - 2022
The average electric sound amplifier export price stood at $24 per unit in 2022, which is down by -76.4% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices attained the peak figure at $219 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($172 per unit), while the average price for exports to France ($2.6 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 Romania (-2.7%), while the prices for the other major destinations experienced a decline.
Electric Sound Amplifier Imports in Hungary
For the fourth consecutive year, Hungary recorded growth in purchases abroad of electric sound amplifier sets, which increased by 24% to 45K units in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, electric sound amplifier imports skyrocketed to $8.1M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Electric Sound Amplifier in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 16.9 | 33.9 | 822 | 2,760 | 446.6% |
Poland | 2,163 | 2,262 | 2,889 | 2,491 | 4.8% |
China | 198 | 364 | 1,378 | 1,677 | 103.8% |
Germany | 223 | 138 | 107 | 189 | -5.4% |
Italy | 49.4 | 88.1 | 148 | 117 | 33.3% |
Others | 244 | 754 | 1,406 | 821 | 49.8% |
Total | 2,895 | 3,640 | 6,751 | 8,055 | 40.6% |
Top Suppliers of Electric Sound Amplifier to Hungary in 2022:
- China (21.3K units)
- Poland (9.4K units)
- Netherlands (8.0K units)
- Germany (2.3K units)
- Italy (1.2K units)
Electric Sound Amplifier Exports in Hungary
In 2022, shipments abroad of electric sound amplifier sets decreased by -25.4% to 9.7K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 634%. As a result, the exports attained the peak of 16K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, electric sound amplifier exports reduced dramatically to $228K in 2022. Overall, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 456% against the previous year. The exports peaked at $1.3M in 2021, and then shrank significantly in the following year.
Export of Electric Sound Amplifier in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.2 | 366 | 10.7 | 57.1 | 49.2% |
Romania | 13.4 | 33.0 | 71.7 | 32.8 | 34.8% |
Austria | 0.6 | 8.3 | 10.9 | 22.9 | 236.7% |
France | N/A | 3.2 | 5.0 | 19.4 | 146.2% |
Slovakia | 35.6 | 139 | 45.5 | 4.2 | -51.0% |
Poland | 1.2 | 39.0 | 4.8 | 2.2 | 22.4% |
Others | 118 | 442 | 1,145 | 89.7 | -8.7% |
Total | 185 | 1,031 | 1,293 | 228 | 7.2% |
Top Export Markets for Electric Sound Amplifier from Hungary in 2022:
- France (7.5K units)
- Germany (0.6K units)
- Romania (0.4K units)
- Austria (0.4K units)
- Poland (0.2K units)
- Slovakia (0.1K units)
This report provides an in-depth analysis of the electric sound amplifier 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 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
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
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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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