Hungary - Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary - 2023

Contents:

  1. Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary (CIF) - 2023
  2. Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary (FOB) - 2022
  3. Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary
  4. Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary

Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary (CIF) - 2023

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $110 per unit in September 2023, increasing by 6.3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in April 2023 when the average import price increased by 40% against the previous month. The import price peaked at $121 per unit in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($436 per unit), while the price for France ($37.3 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary (FOB) - 2022

In 2022, the average export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $84 per unit, jumping by 266% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The export price peaked at $167 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($196 per unit), while the average price for exports to Slovakia ($14 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 Greece (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary

In 2022, imports of iron or steel gas domestic cooking appliances and plate warmers into Hungary fell dramatically to 274K units, waning by -26% on 2021 figures. Over the period under review, imports showed a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports attained the peak of 370K units, and then reduced markedly in the following year.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers reduced to $15M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $17M, and then fell in the following year.

Import of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.00.91.12.637.5%
Germany0.51.73.22.571.0%
Romania2.12.32.41.9-3.3%
Slovakia1.41.21.41.64.6%
Turkey1.01.21.51.411.9%
Italy1.31.21.61.42.5%
Czech Republic2.11.82.11.3-14.8%
Poland0.80.70.80.4-20.6%
France0.10.10.10.10.0%
Others1.72.03.01.81.9%
Total11.913.117.214.97.8%

Top Suppliers of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers to Hungary in 2022:

  1. China (144.6K units)
  2. Italy (59.6K units)
  3. Germany (24.5K units)
  4. Slovakia (22.9K units)
  5. Turkey (13.5K units)
  6. Romania (12.7K units)
  7. Czech Republic (12.7K units)
  8. France (8.6K units)
  9. Poland (3.6K units)

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary

After three years of growth, shipments abroad of iron or steel gas domestic cooking appliances and plate warmers decreased by -66.1% to 30K units in 2022. Overall, exports showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, the exports reached the peak of 90K units, and then contracted dramatically in the following year.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers soared to $2.5M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania43766793871517.8%
KazakhstanN/AN/AN/A6310%
Greece25063058836213.1%
Germany19.856.811.8160100.7%
Turkey13.919.140.3155123.4%
Slovakia227219214130-17.0%
Italy0.90.70.680.1346.5%
Bulgaria64.712010373.94.5%
Austria12.217.533.140.148.7%
Slovenia29.625.932.037.88.5%
Poland13.54.123.225.022.8%
Czech Republic32918.929.121.4-59.8%
Serbia9.217.612.117.724.4%
Others17819929.697.6-18.2%
Total1,5851,9962,0552,54717.1%

Top Export Markets for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers from Hungary in 2022:

  1. Slovakia (9.6K units)
  2. Romania (5.0K units)
  3. Kazakhstan (3.2K units)
  4. Turkey (2.4K units)
  5. Greece (2.0K units)
  6. Germany (1.0K units)
  7. Italy (0.7K units)
  8. Serbia (0.7K units)
  9. Austria (0.6K units)
  10. Slovenia (0.5K units)
  11. Czech Republic (0.4K units)
  12. Poland (0.4K units)
  13. Bulgaria (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel gas domestic cooking appliances and plate warmers 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
  • Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with 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:

  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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