Hungary - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Oven and Cooker in Hungary - 2023
Contents:
- Price for Electric Oven and Cooker in Hungary (CIF) - 2023
- Price for Electric Oven and Cooker in Hungary (FOB) - 2023
- Imports of Electric Oven and Cooker in Hungary
- Exports of Electric Oven and Cooker in Hungary
Price for Electric Oven and Cooker in Hungary (CIF) - 2023
The average electric oven and cooker import price stood at $200 per unit in August 2023, increasing by 7.2% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices hit record highs at $215 per unit in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($537 per unit), while the price for Austria ($55.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Oven and Cooker in Hungary (FOB) - 2023
The average electric oven and cooker export price stood at $126 per unit in August 2023, remaining constant against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 19% against the previous month. The export price peaked at $182 per unit in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($474 per unit), while the average price for exports to Germany ($22.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Oven and Cooker in Hungary
For the fourth year in a row, Hungary recorded growth in overseas purchases of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, which increased by 37% to 1.5M units in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, electric oven and cooker imports contracted to $81M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports attained the peak of $86M, and then contracted in the following year.
| Import of Electric Oven and Cooker in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.1 | 12.2 | 13.9 | 14.1 | 8.3% |
| China | 3.1 | 5.4 | 9.2 | 11.8 | 56.1% |
| Poland | 9.3 | 9.7 | 12.2 | 9.9 | 2.1% |
| Romania | 7.7 | 8.0 | 9.4 | 8.1 | 1.7% |
| Czech Republic | 7.1 | 8.0 | 8.8 | 7.1 | 0.0% |
| Italy | 4.3 | 5.5 | 8.0 | 6.9 | 17.1% |
| Slovakia | 6.7 | 6.7 | 7.4 | 6.5 | -1.0% |
| Slovenia | 3.3 | 4.6 | 5.5 | 5.6 | 19.3% |
| Turkey | 4.7 | 5.2 | 6.8 | 5.1 | 2.8% |
| Others | 4.5 | 3.9 | 4.6 | 5.8 | 8.8% |
| Total | 61.7 | 69.2 | 85.6 | 80.9 | 9.5% |
Top Suppliers of Electric Oven and Cooker to Hungary in 2022:
- China (700.8K units)
- Slovakia (166.4K units)
- Poland (131.5K units)
- Czech Republic (112.1K units)
- Germany (88.6K units)
- Italy (78.8K units)
- Slovenia (71.4K units)
- Romania (52.5K units)
- Turkey (21.3K units)
Exports of Electric Oven and Cooker in Hungary
For the fourth year in a row, Hungary recorded growth in overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, which increased by 133% to 467K units in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric oven and cooker exports soared to $19M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Oven and Cooker in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 364 | 1,072 | 1,838 | 3,367 | 109.9% |
| Romania | 2,395 | 3,461 | 2,339 | 3,199 | 10.1% |
| Kazakhstan | 0.2 | N/A | N/A | 3,065 | 2383.9% |
| Greece | 261 | 268 | 207 | 1,836 | 91.6% |
| Bulgaria | 378 | 987 | 982 | 1,738 | 66.3% |
| Czech Republic | 1,792 | 2,134 | 1,732 | 1,423 | -7.4% |
| Slovakia | 1,274 | 1,201 | 1,239 | 969 | -8.7% |
| Estonia | 41.3 | 195 | 279 | 843 | 173.3% |
| Netherlands | 176 | 108 | 362 | 669 | 56.1% |
| Croatia | 136 | 163 | 224 | 526 | 57.0% |
| Lithuania | 34.3 | 96.1 | 58.2 | 292 | 104.2% |
| Denmark | 8.1 | 12.5 | 139 | 179 | 180.6% |
| Others | 225 | 770 | 1,067 | 1,322 | 80.4% |
| Total | 7,084 | 10,467 | 10,465 | 19,428 | 40.0% |
Top Export Markets for Electric Oven and Cooker from Hungary in 2022:
- Kazakhstan (108.1K units)
- Poland (97.4K units)
- Czech Republic (75.6K units)
- Greece (50.5K units)
- Romania (32.5K units)
- Slovakia (20.6K units)
- Estonia (13.8K units)
- Netherlands (12.1K units)
- Croatia (10.5K units)
- Lithuania (9.1K units)
- Bulgaria (8.9K units)
- Denmark (7.0K units)
This report provides an in-depth analysis of the market for electric oven and cooker 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 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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