Report Update: May 1, 2024

Hungary - Bearing Housings Incorporating Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Bearing Housing with Ball Bearing in Hungary - 2023

Price for Bearing Housing with Ball Bearing in Hungary (CIF) - 2023

The average import price for bearing housings incorporating ball or roller bearings stood at $12,926 per ton in July 2023, surging by 25% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($31,504 per ton), while the price for China ($7,043 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bearing Housing with Ball Bearing in Hungary (FOB) - 2023

The average export price for bearing housings incorporating ball or roller bearings stood at $18,729 per ton in July 2023, falling by -4.1% against the previous month. Over the period under review, export price indicated a notable increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, bearing housing with ball bearing export price increased by +14.3% against May 2023 indices. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 98% m-o-m. Over the period under review, the average export prices reached the maximum at $24,011 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Ukraine ($45,241 per ton), while the average price for exports to Austria ($5,293 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housing with Ball Bearing in Hungary

In 2022, bearing housing with ball bearing imports into Hungary reduced to 1.8K tons, declining by -5.7% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 1.9K tons, and then declined in the following year.

In value terms, bearing housing with ball bearing imports reduced modestly to $18M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $18M, and then reduced modestly in the following year.

Import of Bearing Housing with Ball Bearing in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.3	3.6	5.2	5.3	17.1%
Turkey	8.3	5.2	7.5	5.2	-14.4%
China	1.8	0.7	2.1	3.4	23.6%
Italy	0.8	0.6	0.7	0.6	-9.1%
Singapore	0.2	0.2	0.3	0.4	26.0%
Poland	0.1	0.2	0.2	0.4	58.7%
France	0.3	0.4	0.5	0.4	10.1%
Others	1.4	1.6	1.8	2.1	14.5%
Total	16.1	12.5	18.3	17.7	3.2%

Top Suppliers of Bearing Housing with Ball Bearing to Hungary in 2022:

Turkey (772.4 tons)
China (375.4 tons)
Germany (362.7 tons)
Singapore (55.9 tons)
France (45.3 tons)
Poland (34.5 tons)
Italy (30.8 tons)

Exports of Bearing Housing with Ball Bearing in Hungary

In 2022, the amount of bearing housings incorporating ball or roller bearings exported from Hungary was estimated at 238 tons, surging by 3.6% against the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, bearing housing with ball bearing exports dropped significantly to $3.2M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $3.8M, and then dropped dramatically in the following year.

Export of Bearing Housing with Ball Bearing in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	518	811	1,339	1,324	36.7%
United Kingdom	296	323	465	292	-0.5%
France	113	174	291	263	32.5%
Austria	98.1	120	178	180	22.4%
South Africa	157	185	230	167	2.1%
Spain	65.1	96.1	150	104	16.9%
Italy	84.1	54.0	82.7	102	6.6%
Poland	51.4	86.9	290	94.8	22.6%
Romania	89.1	78.8	71.4	75.1	-5.5%
Slovakia	29.2	31.9	36.2	73.5	36.0%
Russia	173	78.1	116	21.3	-50.3%
Turkey	124	78.6	0.9	7.5	-60.7%
Others	441	421	556	496	4.0%
Total	2,239	2,539	3,806	3,200	12.6%

Top Export Markets for Bearing Housing with Ball Bearing from Hungary in 2022:

Germany (106.1 tons)
Austria (40.7 tons)
France (15.0 tons)
United Kingdom (14.5 tons)
Romania (10.8 tons)
South Africa (9.3 tons)
Spain (5.3 tons)
Slovakia (4.7 tons)
Italy (4.6 tons)
Poland (4.1 tons)
Russia (0.8 tons)
Turkey (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing with ball bearing 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 28152330 - Bearing housings incorporating ball or roller bearings

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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