Hungary - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Machinery for Material Treatment by Heating or Cooling Process in Hungary - 2023
Contents:
- Price for Machinery for Material Treatment by Heating or Cooling Process in Hungary (CIF) - 2022
- Price for Machinery for Material Treatment by Heating or Cooling Process in Hungary (FOB) - 2023
- Imports of Machinery for Material Treatment by Heating or Cooling Process in Hungary
- Exports of Machinery for Material Treatment by Heating or Cooling Process in Hungary
Price for Machinery for Material Treatment by Heating or Cooling Process in Hungary (CIF) - 2022
In 2022, the average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $6,854 per unit, with an increase of 3.4% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46% against the previous year. The import price peaked at $10,635 per unit in 2012; however, from 2013 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 the UK ($18,060 per unit), while the price for Hong Kong SAR ($2,386 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery for Material Treatment by Heating or Cooling Process in Hungary (FOB) - 2023
The average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $5,740 per unit in September 2023, surging by 3.9% against the previous month. Overall, the export price, however, saw a slight shrinkage. The pace of growth was the most pronounced in June 2023 an increase of 755% against the previous month. As a result, the export price reached the peak level of $7,614 per unit; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($9,878 per unit), while the average price for exports to the United States ($5,433 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 Turkey (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery for Material Treatment by Heating or Cooling Process in Hungary
In 2022, supplies from abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -24.9% to 5.3K units, falling for the second year in a row after two years of growth. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 8K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process contracted rapidly to $36M in 2022. Overall, imports faced a deep contraction. The smallest decline of -2.8% was in 2020. Imports peaked at $51M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Machinery for Material Treatment by Heating or Cooling Process in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.5 | 13.7 | 18.6 | 12.0 | -6.1% |
| South Korea | 7.7 | 11.8 | 4.6 | 3.3 | -24.6% |
| Switzerland | 1.6 | 1.1 | 1.3 | 3.1 | 24.7% |
| China | 3.9 | 2.3 | 6.0 | 3.1 | -7.4% |
| United Kingdom | 0.3 | 3.1 | 0.3 | 2.8 | 110.5% |
| Austria | 1.2 | 1.0 | 3.9 | 2.4 | 26.0% |
| India | 0.2 | 3.2 | N/A | 1.5 | 95.7% |
| Italy | 4.3 | 3.7 | 2.4 | 1.2 | -34.7% |
| France | 1.2 | 1.2 | 0.9 | 1.0 | -5.9% |
| Belgium | 1.2 | 0.7 | 2.5 | 0.7 | -16.4% |
| Slovakia | 0.1 | 1.5 | 0.3 | 0.6 | 81.7% |
| Hong Kong SAR | 0.4 | 0.3 | 0.7 | 0.6 | 14.5% |
| Turkey | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| Others | 14.4 | 6.0 | 5.0 | 3.9 | -35.3% |
| Total | 51.0 | 49.6 | 46.9 | 36.4 | -10.6% |
Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to Hungary in 2022:
- Germany (1371.0 units)
- China (891.0 units)
- South Korea (588.0 units)
- Italy (446.0 units)
- Switzerland (245.0 units)
- Hong Kong SAR (239.0 units)
- Austria (193.0 units)
- Slovakia (179.0 units)
- France (172.0 units)
- United Kingdom (157.0 units)
- Belgium (157.0 units)
- India (150.0 units)
- Turkey (81.0 units)
Exports of Machinery for Material Treatment by Heating or Cooling Process in Hungary
In 2022, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -58.1% to 1.1K units, falling for the second consecutive year after two years of growth. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 183% against the previous year. As a result, the exports reached the peak of 5.1K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process declined rapidly to $10M in 2022. Overall, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 198%. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Machinery for Material Treatment by Heating or Cooling Process in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1.7 | 1.6 | 2.5 | 3.4 | 26.0% |
| United States | 0.1 | 7.3 | 6.8 | 2.8 | 203.7% |
| Turkey | N/A | 0.1 | N/A | 1.1 | 231.7% |
| United Kingdom | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Serbia | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Slovakia | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Germany | 0.1 | 0.6 | 0.2 | 0.1 | 0.0% |
| Russia | 2.8 | 12.0 | 3.7 | 0.1 | -67.1% |
| China | 1.6 | N/A | 0.1 | N/A | -75.0% |
| Bahrain | N/A | N/A | 1.4 | N/A | 0% |
| Others | 1.5 | 2.3 | 2.2 | 1.9 | 8.2% |
| Total | 8.1 | 24.1 | 17.4 | 10.4 | 8.7% |
Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from Hungary in 2022:
- Turkey (377.0 units)
- Austria (369.0 units)
- United States (89.0 units)
- Slovakia (29.0 units)
- Germany (28.0 units)
- Russia (27.0 units)
- United Kingdom (22.0 units)
- Serbia (16.0 units)
This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
- Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
- Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, n.e.c.
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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