Hungary - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Lift, Elevator, Stairway and Dragline in Hungary - 2023

Contents:

  1. Price for Lift, Elevator, Stairway and Dragline in Hungary (CIF) - 2022
  2. Price for Lift, Elevator, Stairway and Dragline in Hungary (FOB) - 2022
  3. Imports of Lift, Elevator, Stairway and Dragline in Hungary
  4. Exports of Lift, Elevator, Stairway and Dragline in Hungary

Price for Lift, Elevator, Stairway and Dragline in Hungary (CIF) - 2022

In 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $22,679 per unit, with an increase of 3% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 20% against the previous year. The import price peaked at $31,028 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 China ($41,129 per unit), while the price for Greece ($18,991 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lift, Elevator, Stairway and Dragline in Hungary (FOB) - 2022

In 2022, the average export price for lifts, elevators, moving stairways and draglines amounted to $17,315 per unit, jumping by 38% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 56% against the previous year. The export price peaked at $32,096 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($184,909 per unit), while the average price for exports to Ukraine ($608 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 Montenegro (+69.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lift, Elevator, Stairway and Dragline in Hungary

In 2022, purchases abroad of lifts, elevators, moving stairways and draglines decreased by -46.1% to 1.2K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. As a result, imports attained the peak of 2.1K units, and then dropped remarkably in the following year.

In value terms, lift, elevator, stairway and dragline imports fell remarkably to $26M in 2022. In general, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by 114%. As a result, imports attained the peak of $47M, and then shrank significantly in the following year.

Import of Lift, Elevator, Stairway and Dragline in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.73.84.13.5-1.8%
Finland6.67.15.93.3-20.6%
BelgiumN/A0.51.33.1149.0%
Spain0.61.22.12.663.0%
China1.60.612.82.516.0%
Greece0.31.10.42.294.3%
Italy1.21.10.81.32.7%
France3.03.814.41.3-24.3%
Czech Republic1.10.50.61.0-3.1%
Netherlands1.40.40.20.8-17.0%
Others2.11.94.64.730.8%
Total21.622.147.326.36.8%

Top Suppliers of Lift, Elevator, Stairway and Dragline to Hungary in 2022:

  1. Finland (175.0 units)
  2. Germany (141.0 units)
  3. Belgium (139.0 units)
  4. Spain (136.0 units)
  5. Greece (117.0 units)
  6. France (65.0 units)
  7. Italy (61.0 units)
  8. China (60.0 units)
  9. Czech Republic (53.0 units)
  10. Netherlands (15.0 units)

Exports of Lift, Elevator, Stairway and Dragline in Hungary

In 2022, overseas shipments of lifts, elevators, moving stairways and draglines decreased by -36.5% to 250 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 225% against the previous year. Over the period under review, the exports attained the maximum at 394 units in 2021, and then fell markedly in the following year.

In value terms, lift, elevator, stairway and dragline exports reduced to $4.3M in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. As a result, the exports attained the peak of $6.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Lift, Elevator, Stairway and Dragline in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6222,6801,6701,70640.0%
Norway74.83671,146795119.9%
Slovakia0.16214456171734.1%
Montenegro1,521621N/A555-28.5%
Austria10.874.0243272193.1%
Romania29162.362.7237-6.6%
Italy12674384828.7-38.9%
Others6291,466529119-42.6%
Total3,2746,6334,9434,3299.8%

Top Export Markets for Lift, Elevator, Stairway and Dragline from Hungary in 2022:

  1. Germany (110.0 units)
  2. Norway (51.0 units)
  3. Slovakia (36.0 units)
  4. Austria (18.0 units)
  5. Romania (16.0 units)
  6. Montenegro (3.0 units)
  7. Italy (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
  • Prodcom 28221670 - Escalators and moving walkways
  • Prodcom 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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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