Hungary - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Geometrical Quantities Electronic Measurer in Hungary - 2023

Contents:

  1. Price for Geometrical Quantities Electronic Measurer in Hungary (FOB) - 2023
  2. Price for Geometrical Quantities Electronic Measurer in Hungary (CIF) - 2022
  3. Exports of Geometrical Quantities Electronic Measurer in Hungary
  4. Imports of Geometrical Quantities Electronic Measurer in Hungary

Price for Geometrical Quantities Electronic Measurer in Hungary (FOB) - 2023

The average geometrical quantities electronic measurer export price stood at $54.7 per unit in June 2023, picking up by 13% against the previous month. In general, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, geometrical quantities electronic measurer export price increased by +45.0% against February 2023 indices. The pace of growth was the most pronounced in August 2022 an increase of 83% month-to-month. Over the period under review, the average export prices attained the maximum in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($134 per unit), while the average price for exports to Ukraine ($20.9 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Geometrical Quantities Electronic Measurer in Hungary (CIF) - 2022

The average geometrical quantities electronic measurer import price stood at $35 per unit in 2022, with a decrease of -5.6% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13%. Over the period under review, average import prices reached the peak figure at $64 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Malta ($229 per unit), while the price for India ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Geometrical Quantities Electronic Measurer in Hungary

In 2022, geometrical quantities electronic measurer exports from Hungary rose rapidly to 9M units, surging by 9.5% on the previous year. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, geometrical quantities electronic measurer exports shrank to $303M in 2022. In general, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. The exports peaked at $374M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Geometrical Quantities Electronic Measurer in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13595.311495.7-10.8%
China35.020.537.447.710.9%
Poland24.217.316.915.2-14.4%
United States12.612.921.315.06.0%
France23.119.417.214.8-13.8%
Italy5.96.38.412.327.7%
Austria14.215.212.69.8-11.6%
Romania10.16.36.99.4-2.4%
Spain18.211.48.89.1-20.6%
Sweden9.26.26.87.1-8.3%
United Kingdom21.916.010.56.0-35.1%
Turkey2.21.33.74.022.1%
Malaysia0.41.20.61.244.2%
Others61.557.868.555.4-3.4%
Total374287333303-6.8%

Top Export Markets for Geometrical Quantities Electronic Measurer from Hungary in 2022:

  1. Germany (4853.9K units)
  2. France (547.0K units)
  3. China (510.8K units)
  4. Austria (370.0K units)
  5. Spain (363.6K units)
  6. Poland (291.3K units)
  7. United Kingdom (286.1K units)
  8. Romania (258.2K units)
  9. Sweden (240.0K units)
  10. Malaysia (156.4K units)
  11. Italy (152.0K units)
  12. Turkey (140.0K units)
  13. United States (118.3K units)

Imports of Geometrical Quantities Electronic Measurer in Hungary

In 2022, geometrical quantities electronic measurer imports into Hungary rose significantly to 7M units, growing by 13% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.5% over the period 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 22%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, geometrical quantities electronic measurer imports expanded remarkably to $243M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Geometrical Quantities Electronic Measurer in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany76.255.254.978.81.1%
Malta2.315.327.934.3146.1%
Netherlands25.122.822.220.4-6.7%
Austria17.916.421.418.81.6%
Czech Republic3.94.96.210.036.9%
China6.17.79.610.017.9%
United States14.616.312.18.9-15.2%
Italy3.23.23.37.834.6%
Vietnam5.96.09.17.68.8%
South Korea10.48.125.06.6-14.1%
France1.53.63.95.251.3%
Japan7.95.32.74.0-20.3%
India0.20.10.51.8108.0%
Others32.121.228.529.2-3.1%
Total2071862272435.5%

Top Suppliers of Geometrical Quantities Electronic Measurer to Hungary in 2022:

  1. Germany (3295.1K units)
  2. Austria (879.8K units)
  3. Czech Republic (379.0K units)
  4. China (375.0K units)
  5. Vietnam (305.1K units)
  6. Italy (249.0K units)
  7. South Korea (218.5K units)
  8. Malta (149.9K units)
  9. France (147.5K units)
  10. United States (147.5K units)
  11. Netherlands (118.6K units)
  12. India (107.5K units)
  13. Japan (90.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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