Hungary - Turbo-Jets Of A Thrust Not Exceeding 25 Kn - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hungary - Turbo-Jets Of A Thrust Not Exceeding 25 Kn - Market Analysis, Forecast, Size, Trends and Insights

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Price for Turbo-Jet (Under 25 kN) in Hungary - 2023

Contents:

  1. Price for Turbo-Jet (Under 25 kN) in Hungary (CIF) - 2022
  2. Price for Turbo-Jet (Under 25 kN) in Hungary (FOB) - 2022
  3. Imports of Turbo-Jet (Under 25 kN) in Hungary
  4. Exports of Turbo-Jet (Under 25 kN) in Hungary

Price for Turbo-Jet (Under 25 kN) in Hungary (CIF) - 2022

The average turbo-jet (under 25 kN) import price stood at $215,998 per unit in 2022, growing by 31% against the previous year. Over the period under review, the import price recorded a significant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 203,962%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +21.2% per year.

Price for Turbo-Jet (Under 25 kN) in Hungary (FOB) - 2022

The average turbo-jet (under 25 kN) export price stood at $55,623 per unit in 2022, declining by -20.2% against the previous year. Overall, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 147%. As a result, the export price attained the peak level of $69,702 per unit, and then contracted remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to -1.7% per year.

Imports of Turbo-Jet (Under 25 kN) in Hungary

After three years of growth, overseas purchases of turbo-jets of a thrust not exceeding 25 kN decreased by -72.4% to 8 units in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 867% against the previous year. As a result, imports reached the peak of 29 units, and then shrank significantly in the following year.

In value terms, turbo-jet (under 25 kN) imports dropped dramatically to $1.7M in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 612,085%. Over the period under review, imports hit record highs at $4.8M in 2021, and then reduced dramatically in the following year.

Import of Turbo-Jet (Under 25 kN) in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.44.41.7106.2%
GermanyN/AN/AN/AN/A0%
United KingdomN/AN/A0.4N/A0%
OthersN/AN/AN/AN/A0%
TotalN/A0.44.81.7106.2%

Top Suppliers of Turbo-Jet (Under 25 kN) to Hungary in 2022:

  1. United States (8.0 units)

Exports of Turbo-Jet (Under 25 kN) in Hungary

In 2022, after three years of growth, there was significant decline in overseas shipments of turbo-jets of a thrust not exceeding 25 kN, when their volume decreased by -58.5% to 17 units. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,950% against the previous year. As a result, the exports attained the peak of 41 units, and then shrank dramatically in the following year.

In value terms, turbo-jet (under 25 kN) exports plummeted to $946K in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 4,964% against the previous year. As a result, the exports attained the peak of $2.9M, and then reduced remarkably in the following year.

Export of Turbo-Jet (Under 25 kN) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A56.42,234946309.5%
Peru16.0N/AN/AN/A0%
United KingdomN/AN/A624N/A0%
OthersN/AN/AN/AN/A0%
Total16.056.42,858946289.6%

Top Export Markets for Turbo-Jet (Under 25 kN) from Hungary in 2022:

  1. United States (17.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for turbo-jet (under 25 kn) 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 30301200 - Turbo-jets and turbo-propellers, for civil use

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: Turbo-Jets Of A Thrust Not Exceeding 25 Kn - Hungary