Hungary - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 16, 2024

Hungary - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights

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Price for Pneumatic or Hydraulic Hand Tool in Hungary - 2023

Contents:

  1. Price for Pneumatic or Hydraulic Hand Tool in Hungary (CIF) - 2023
  2. Price for Pneumatic or Hydraulic Hand Tool in Hungary (FOB) - 2022
  3. Imports of Pneumatic or Hydraulic Hand Tool in Hungary
  4. Exports of Pneumatic or Hydraulic Hand Tool in Hungary

Price for Pneumatic or Hydraulic Hand Tool in Hungary (CIF) - 2023

In August 2023, the average import price for pneumatic or hydraulic hand tools amounted to $117 per unit, with a decrease of -2.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 46% m-o-m. Over the period under review, average import prices hit record highs at $167 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($148 per unit), while the price for China ($62.0 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pneumatic or Hydraulic Hand Tool in Hungary (FOB) - 2022

In 2022, the average export price for pneumatic or hydraulic hand tools amounted to $313 per unit, declining by -2.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $383 per unit in 2015; however, from 2016 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 France ($533 per unit), while the average price for exports to Georgia ($46 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 France (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic or Hydraulic Hand Tool in Hungary

In 2022, pneumatic or hydraulic hand tool imports into Hungary shrank modestly to 314K units, with a decrease of -4.2% on the previous year's figure. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 4.8%. Over the period under review, imports attained the maximum at 396K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pneumatic or hydraulic hand tool imports shrank slightly to $35M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of $36M, and then reduced in the following year.

Import of Pneumatic or Hydraulic Hand Tool in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.89.69.110.2-1.9%
China8.17.89.910.07.3%
Sweden5.05.26.65.00.0%
Italy1.71.12.31.4-6.3%
Slovakia0.70.51.01.426.0%
Czech Republic0.71.21.51.322.9%
Austria1.81.10.90.7-27.0%
Slovenia0.60.20.50.2-30.7%
Others4.85.24.44.6-1.4%
Total34.332.036.134.90.6%

Top Suppliers of Pneumatic or Hydraulic Hand Tool to Hungary in 2022:

  1. China (109.2K units)
  2. Germany (95.7K units)
  3. Slovakia (32.0K units)
  4. Czech Republic (25.3K units)
  5. Sweden (16.3K units)
  6. Italy (8.5K units)
  7. Austria (6.8K units)
  8. Slovenia (2.7K units)

Exports of Pneumatic or Hydraulic Hand Tool in Hungary

In 2022, exports of pneumatic or hydraulic hand tools from Hungary rose notably to 79K units, growing by 10% on the previous year's figure. Over the period under review, exports, however, showed a deep downturn. The exports peaked at 104K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic or hydraulic hand tool exports expanded significantly to $25M in 2022. Overall, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports reached the maximum at $28M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Pneumatic or Hydraulic Hand Tool in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium21.816.019.221.5-0.5%
Germany1.51.00.81.0-12.6%
Romania0.20.20.70.314.5%
GeorgiaN/AN/AN/A0.30%
Czech Republic0.10.1N/A0.344.2%
United Kingdom0.20.20.80.314.5%
UkraineN/AN/AN/A0.20%
Bosnia and Herzegovina0.20.20.10.1-20.6%
Slovakia0.60.20.10.1-45.0%
Croatia0.60.5N/AN/A-16.7%
Brazil1.8N/AN/AN/A0%
Others1.21.21.10.6-20.6%
Total28.019.623.124.8-4.0%

Top Export Markets for Pneumatic or Hydraulic Hand Tool from Hungary in 2022:

  1. Brazil (undefinedK units)
  2. Belgium (42.5K units)
  3. Germany (12.2K units)
  4. Georgia (7.5K units)
  5. Ukraine (3.8K units)
  6. United Kingdom (2.3K units)
  7. Romania (2.2K units)
  8. Czech Republic (2.0K units)
  9. Bosnia and Herzegovina (1.9K units)
  10. Slovakia (1.2K units)
  11. Croatia (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
  • Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
  • Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

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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Free Data: Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Hungary