Hungary - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOptical Radiation Instruments Price in Hungary - 2023
Contents:
- Optical Radiation Instruments Price in Hungary (FOB) - 2022
- Optical Radiation Instruments Price in Hungary (CIF) - 2022
- Optical Radiation Instruments Exports in Hungary
- Optical Radiation Instruments Imports in Hungary
Optical Radiation Instruments Price in Hungary (FOB) - 2022
In 2022, the average optical radiation instruments export price amounted to $387 per unit, growing by 6.6% against the previous year. In general, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of 57%. Over the period under review, the average export prices reached the maximum at $433 per unit in 2012; however, from 2013 to 2022, the 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 Japan ($785 per unit), while the average price for exports to the United Arab Emirates ($103 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 France (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Radiation Instruments Price in Hungary (CIF) - 2022
The average optical radiation instruments import price stood at $295 per unit in 2022, shrinking by -25.9% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical radiation instruments import price increased by +37.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $398 per unit, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($1,173 per unit), while the price for Cyprus ($114 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Optical Radiation Instruments Exports in Hungary
In 2022, optical radiation instruments exports from Hungary surged to 231K units, increasing by 40% compared with 2021. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +102.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, optical radiation instruments exports soared to $90M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 52%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Optical Radiation Instruments in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.0 | 10.7 | 19.8 | 30.1 | 21.0% |
China | 5.5 | 7.9 | 13.1 | 28.3 | 72.6% |
Japan | 0.9 | 1.9 | 4.0 | 9.6 | 120.1% |
Taiwan (Chinese) | N/A | 2.3 | 1.1 | 6.5 | 68.1% |
France | 1.2 | 1.7 | 1.1 | 2.9 | 34.2% |
Germany | 0.3 | 4.9 | 3.9 | 1.4 | 67.1% |
United Arab Emirates | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
Austria | 1.0 | 0.2 | 0.6 | 0.2 | -41.5% |
Others | 6.8 | 9.6 | 16.0 | 10.2 | 14.5% |
Total | 32.7 | 39.3 | 59.9 | 89.6 | 39.9% |
Top Export Markets for Optical Radiation Instruments from Hungary in 2022:
- China (100.9K units)
- United States (51.9K units)
- Taiwan (Chinese) (24.6K units)
- Japan (12.3K units)
- France (4.6K units)
- Germany (4.5K units)
- United Arab Emirates (3.7K units)
- Austria (0.6K units)
Optical Radiation Instruments Imports in Hungary
In 2022, the amount of instruments using optical radiations imported into Hungary shrank markedly to 66K units, with a decrease of -17.5% on 2021. In general, imports showed a abrupt slump. The smallest decline of -2.8% was in 2021. Over the period under review, imports reached the peak figure at 108K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, optical radiation instruments imports dropped remarkably to $19M in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $32M, and then declined significantly in the following year.
Import of Optical Radiation Instruments in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.0 | 6.1 | 7.5 | 5.1 | -10.0% |
United States | 7.6 | 7.0 | 10.8 | 4.5 | -16.0% |
Austria | 0.8 | 1.5 | 1.5 | 2.6 | 48.1% |
Netherlands | 0.9 | 1.9 | 1.1 | 2.2 | 34.7% |
Czech Republic | 1.3 | 0.9 | 4.0 | 1.2 | -2.6% |
United Kingdom | 0.7 | 0.6 | 0.8 | 0.7 | 0.0% |
China | 0.3 | 0.5 | 0.5 | 0.6 | 26.0% |
Poland | 0.1 | N/A | 0.4 | 0.4 | 58.7% |
France | 0.7 | 0.4 | 0.5 | 0.4 | -17.0% |
Cyprus | N/A | N/A | N/A | 0.3 | 0% |
Romania | 0.5 | 0.7 | 1.0 | 0.2 | -26.3% |
Lithuania | 1.0 | N/A | N/A | N/A | 0% |
Others | 2.4 | 1.6 | 3.8 | 1.2 | -20.6% |
Total | 23.3 | 21.3 | 31.9 | 19.5 | -5.8% |
Top Suppliers of Optical Radiation Instruments to Hungary in 2022:
- Lithuania (undefinedK units)
- Germany (18.9K units)
- Netherlands (11.2K units)
- Austria (10.4K units)
- United States (9.2K units)
- China (2.6K units)
- Cyprus (2.2K units)
- United Kingdom (2.1K units)
- France (1.9K units)
- Poland (1.8K units)
- Romania (1.3K units)
- Czech Republic (1.1K units)
This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.
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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