Hungary - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary - 2023
Contents:
- Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary (FOB) - 2023
- Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary (CIF) - 2022
- Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary
- Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary
Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary (FOB) - 2023
The average export price for elevators and conveyors other than pneumatic, belt- or bucket-type stood at $12,233 per unit in September 2023, waning by -6.8% against the previous month. Overall, export price indicated a noticeable expansion from September 2022 to September 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for elevators and conveyors other than pneumatic, belt- or bucket-type decreased by -7.2% against July 2023 indices. The growth pace was the most rapid in December 2022 when the average export price increased by 38% m-o-m. Over the period under review, the average export prices reached the maximum at $13,188 per unit in July 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($15,262 per unit), while the average price for exports to Ukraine ($1,962 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary (CIF) - 2022
In 2022, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $10,314 per unit, declining by -6.4% against the previous year. In general, the import price saw a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17%. Over the period under review, average import prices reached the peak figure at $17,778 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($33,264 per unit), while the price for Poland ($3,943 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary
For the fourth consecutive year, Hungary recorded growth in shipments abroad of elevators and conveyors other than pneumatic, belt- or bucket-type, which increased by 21% to 7.8K units in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type surged to $69M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 203%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
Export of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.4 | 11.0 | 35.1 | 57.7 | 77.0% |
Netherlands | N/A | 1.8 | 7.8 | 4.6 | 59.9% |
Serbia | 0.1 | 0.3 | 0.2 | 1.4 | 141.0% |
Austria | 0.6 | 0.4 | 0.7 | 1.3 | 29.4% |
United Kingdom | N/A | N/A | 0.5 | 0.6 | 20.0% |
Bulgaria | 1.5 | 0.5 | N/A | N/A | -66.7% |
Belgium | N/A | 1.3 | N/A | N/A | 0% |
Others | 5.3 | 2.5 | 9.6 | 3.4 | -13.8% |
Total | 17.9 | 17.8 | 53.9 | 69.0 | 56.8% |
Top Export Markets for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type from Hungary in 2022:
- Germany (6.4K units)
- Netherlands (0.4K units)
- Serbia (0.2K units)
- Austria (0.2K units)
- United Kingdom (0.1K units)
Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary
In 2022, the amount of elevators and conveyors other than pneumatic, belt- or bucket-type imported into Hungary fell remarkably to 2.6K units, waning by -28.1% against the previous year. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of 3.6K units, and then declined significantly in the following year.
In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type shrank rapidly to $27M in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, imports reached the peak of $40M, and then contracted sharply in the following year.
Import of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 14.7 | 19.3 | 19.9 | 8.0 | -18.4% |
South Korea | 10.8 | 0.1 | 1.7 | 6.8 | -14.3% |
Denmark | 0.9 | 0.8 | 5.1 | 2.3 | 36.7% |
Sweden | 1.4 | 0.7 | 0.5 | 2.3 | 18.0% |
Turkey | 0.4 | 0.1 | 0.7 | 1.4 | 51.8% |
Italy | 0.7 | 1.2 | 1.1 | 1.0 | 12.6% |
Poland | 0.3 | 0.2 | 0.1 | 0.9 | 44.2% |
China | 1.1 | 0.4 | 0.7 | 0.8 | -10.1% |
Others | 3.0 | 5.7 | 10.1 | 3.4 | 4.3% |
Total | 33.2 | 28.6 | 39.9 | 26.9 | -6.8% |
Top Suppliers of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type to Hungary in 2022:
- Germany (688.0 units)
- Sweden (417.0 units)
- Denmark (322.0 units)
- Turkey (254.0 units)
- Poland (235.0 units)
- South Korea (205.0 units)
- Italy (145.0 units)
- China (41.0 units)
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
- Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)
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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