Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary - 2023
Contents:
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary (CIF) - 2022
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary (FOB) - 2023
- Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary
- Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary (CIF) - 2022
The average import price for printing machinery; offset, (excluding reel or sheet fed)s stood at $6,413 per unit in 2022, declining by -33.9% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $36,518 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($23,941 per unit), while the price for Spain ($44 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary (FOB) - 2023
In October 2023, the average export price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $3,341 per unit, with a decrease of -52.7% against the previous month. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in August 2023 when the average export price increased by 127% m-o-m. The export price peaked at $9,108 per unit in January 2023; afterwards, it flattened through to October 2023.
As there is only one major export destination, the average price level is determined by prices for the UK.
From November 2022 to October 2023, the rate of growth in terms of prices for Slovakia amounted to +0.1% per month.
Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary
In 2022, approx. 1.4K units of printing machinery; offset, (excluding reel or sheet fed)s were imported into Hungary; with an increase of 21% compared with 2021. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of printing machinery; offset, (excluding reel or sheet fed)s declined sharply to $8.7M in 2022. Over the period under review, imports, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, imports reached the peak of $11M, and then reduced markedly in the following year.
| Import of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 1.3 | 5.4 | 3.3 | 59.3% |
| Germany | 2.9 | 2.5 | 1.0 | 1.9 | -13.1% |
| Italy | 0.1 | 0.4 | 0.2 | 0.7 | 91.3% |
| Switzerland | 0.5 | 0.4 | 0.3 | 0.6 | 6.3% |
| China | 0.5 | 0.6 | 1.0 | 0.6 | 6.3% |
| Serbia | 1.5 | N/A | 0.1 | 0.1 | -59.5% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Others | 3.6 | 3.0 | 2.8 | 1.6 | -23.7% |
| Total | 9.2 | 8.3 | 10.9 | 8.7 | -1.8% |
Top Suppliers of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) to Hungary in 2022:
- Italy (290.0 units)
- China (254.0 units)
- Spain (250.0 units)
- Germany (239.0 units)
- Denmark (219.0 units)
- Switzerland (24.0 units)
- Serbia (1.0 units)
Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary
In 2022, the amount of printing machinery; offset, (excluding reel or sheet fed)s exported from Hungary dropped significantly to 681 units, shrinking by -45.4% on 2021 figures. Overall, exports showed a sharp decline. The growth pace was the most rapid in 2021 with an increase of 6%. Over the period under review, the exports of reached the maximum at 2.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of printing machinery; offset, (excluding reel or sheet fed)s contracted sharply to $1.6M in 2022. Over the period under review, exports showed a sharp slump. The smallest decline of -19.5% was in 2021. Over the period under review, the exports of reached the peak figure at $8.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,088 | 181 | 247 | 433 | -26.4% |
| Germany | 77.2 | 56.8 | 507 | 299 | 57.0% |
| Slovakia | 69.3 | 58.5 | 223 | 220 | 47.0% |
| Serbia | 67.4 | 23.1 | 69.3 | 141 | 27.9% |
| Czech Republic | 79.4 | 295 | 77.7 | 79.6 | 0.1% |
| Croatia | 11.1 | 247 | 19.7 | 51.4 | 66.7% |
| United Kingdom | N/A | 7.7 | 10.1 | 18.1 | 53.3% |
| Switzerland | 1,207 | 232 | 12.9 | 5.0 | -83.9% |
| South Korea | N/A | 71.4 | 21.9 | N/A | -69.3% |
| Slovenia | 2,811 | 682 | 43.4 | N/A | -87.6% |
| France | 282 | N/A | N/A | N/A | 0% |
| Greece | 1,717 | 9.4 | N/A | N/A | -99.5% |
| Mexico | 349 | 19.3 | N/A | N/A | -94.5% |
| Others | 430 | 735 | 876 | 347 | -6.9% |
| Total | 8,189 | 2,618 | 2,107 | 1,595 | -42.0% |
Top Export Markets for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) from Hungary in 2022:
- Germany (322.0 units)
- Netherlands (126.0 units)
- Czech Republic (58.0 units)
- Slovakia (48.0 units)
- Serbia (15.0 units)
- Croatia (12.0 units)
- United Kingdom (12.0 units)
- Switzerland (2.0 units)
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