Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary - 2023

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $1.6 per unit, picking up by 27% against the previous year. In general, the import price continues to indicate a mild increase. The growth pace was the most rapid in 2019 an increase of 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($14 per unit), while the price for the Czech Republic ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.5 per unit, increasing by 5.7% against the previous year. Over the period under review, the export price showed resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 48% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($6.2 per unit), while the average price for exports to France ($0.2 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 (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary

In 2022, approx. 696K units of drawing, marking-out or mathematical calculating instrumentses were imported into Hungary; waning by -32.6% on 2021. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 12%. Over the period under review, imports of attained the peak figure at 1.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses reduced to $1.1M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 16%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany581664576487-5.7%
Poland1101411541316.0%
China78.911415812215.6%
Czech Republic67.273.996.011820.6%
France10212410981.1-7.4%
Austria50.039.177.970.712.2%
Croatia14.615.218.617.35.8%
Serbia4.813.611.6N/A55.5%
Others13113311494.4-10.3%
Total1,1401,3181,3141,122-0.5%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Hungary in 2022:

  1. Czech Republic (260.8K units)
  2. China (248.0K units)
  3. Germany (46.3K units)
  4. France (45.2K units)
  5. Poland (44.0K units)
  6. Croatia (19.2K units)
  7. Austria (14.0K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary

In 2022, shipments abroad of drawing, marking-out or mathematical calculating instrumentses decreased by -25.6% to 497K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, the exports attained the peak of 866K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses contracted significantly to $247K in 2022. Overall, exports saw a slight reduction. The growth pace was the most rapid in 2020 when exports increased by 26%. As a result, the exports reached the peak of $322K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia90.612566.349.6-18.2%
Germany26.141.329.024.7-1.8%
France6.418.034.421.449.5%
Czech Republic32.314.517.218.1-17.6%
Italy6.25.614.515.636.0%
Slovenia11.912.113.111.8-0.3%
Poland8.68.614.410.77.6%
Austria4.87.65.17.616.6%
Bulgaria6.012.79.37.47.2%
Netherlands2.17.513.64.528.9%
Others61.169.096.675.17.1%
Total256322314247-1.2%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Hungary in 2022:

  1. Slovakia (134.0K units)
  2. France (102.2K units)
  3. Germany (77.6K units)
  4. Czech Republic (40.7K units)
  5. Poland (32.7K units)
  6. Italy (22.4K units)
  7. Austria (20.0K units)
  8. Slovenia (15.5K units)
  9. Netherlands (14.2K units)
  10. Bulgaria (11.6K units)

Source: IndexBox Market Intelligence Platform

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