Hungary - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights

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Electronic Metal Tester Price in Hungary - 2023

Contents:

  1. Electronic Metal Tester Price in Hungary (FOB) - 2022
  2. Electronic Metal Tester Price in Hungary (CIF) - 2022
  3. Electronic Metal Tester Exports in Hungary
  4. Electronic Metal Tester Imports in Hungary

Electronic Metal Tester Price in Hungary (FOB) - 2022

In 2022, the average electronic metal tester export price amounted to $19,552 per unit, with a decrease of -44.2% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 249% against the previous year. As a result, the export price reached the peak level of $40,758 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($40,587 per unit), while the average price for exports to Romania ($5,849 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 Italy (+43.5%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Metal Tester Price in Hungary (CIF) - 2022

The average electronic metal tester import price stood at $16,775 per unit in 2022, with a decrease of -20.9% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 92% against the previous year. As a result, import price reached the peak level of $25,198 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($96,584 per unit), while the price for Japan ($3,066 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Electronic Metal Tester Exports in Hungary

In 2022, the amount of electronic machines and appliances for testing metals exported from Hungary skyrocketed to 105 units, growing by 91% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 278% against the previous year. As a result, the exports attained the peak of 155 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, electronic metal tester exports rose remarkably to $2.1M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 165%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Electronic Metal Tester in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7651,1271,4171,23917.4%
China85.217421829350.9%
South KoreaN/A16.4109192242.2%
Turkey0.49.5N/A187676.1%
Romania1.60.114.812.9100.5%
RussiaN/A756N/AN/A0%
Others4.4191170130209.1%
Total8572,2731,9282,05333.8%

Top Export Markets for Electronic Metal Tester from Hungary in 2022:

  1. Germany (73.0 units)
  2. South Korea (11.0 units)
  3. Turkey (7.0 units)
  4. China (7.0 units)
  5. Romania (2.0 units)

Electronic Metal Tester Imports in Hungary

In 2022, electronic metal tester imports into Hungary reduced to 59 units, falling by -6.3% against the year before. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked at 81 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electronic metal tester imports declined markedly to $990K in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports hit record highs at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electronic Metal Tester in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany435256288347-7.3%
France88.45.121.521434.3%
United Kingdom90.175.432512010.0%
China18939.864.3119-14.3%
Turkey15.16.5N/A46.445.4%
Netherlands3.80.429632.5104.5%
MalaysiaN/AN/AN/A21.50%
Japan72.245.01.28.6-50.8%
Switzerland28.245.161.06.0-40.3%
South Korea23225910.5N/A-78.7%
Poland0.30.2155N/A2173.0%
Denmark15930.921.9N/A-62.9%
AustraliaN/A242N/AN/A0%
Others10395.591.074.7-10.2%
Total1,4171,1011,335990-11.3%

Top Suppliers of Electronic Metal Tester to Hungary in 2022:

  1. China (15.0 units)
  2. Turkey (13.0 units)
  3. United Kingdom (10.0 units)
  4. Germany (9.0 units)
  5. Japan (3.0 units)
  6. Netherlands (2.0 units)
  7. France (2.0 units)
  8. Malaysia (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electronic metal tester 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 26516210 - Electronic machines and appliances for testing the mechanical properties of metals (excluding metallographic machines or appliances, instruments for detecting defects)

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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