Hungary - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRadio Receiver Price in Hungary - 2023
Contents:
- Radio Receiver Price in Hungary (FOB) - 2023
- Radio Receiver Price in Hungary (CIF) - 2023
- Radio Receiver Exports in Hungary
- Radio Receiver Imports in Hungary
Radio Receiver Price in Hungary (FOB) - 2023
In August 2023, the average radio receiver export price amounted to $180 per unit, declining by -31.6% against the previous month. Overall, the export price saw a pronounced decline. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 79% against the previous month. As a result, the export price attained the peak level of $371 per unit. From April 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the UK ($556 per unit), while the average price for exports to Poland ($64.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Receiver Price in Hungary (CIF) - 2023
The average radio receiver import price stood at $83.5 per unit in August 2023, picking up by 34% against the previous month. Overall, import price indicated slight growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, radio receiver import price increased by +49.4% against May 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 59% month-to-month. Over the period under review, average import prices reached the maximum in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Thailand ($276 per unit), while the price for China ($35.2 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 Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Radio Receiver Exports in Hungary
In 2022, overseas shipments of radio receivers decreased by -42.6% to 1.7M units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports attained the peak of 5.7M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, radio receiver exports declined dramatically to $286M in 2022. In general, exports saw a dramatic downturn. The smallest decline of -17.1% was in 2020. The exports peaked at $1.5B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Radio Receiver in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,023 | 900 | 290 | 124 | -50.5% |
| United Kingdom | 43.2 | 44.7 | 44.8 | 42.2 | -0.8% |
| Poland | 19.8 | 12.6 | 31.9 | 38.4 | 24.7% |
| Italy | 11.4 | 16.9 | 43.4 | 30.9 | 39.4% |
| Turkey | 14.9 | 19.1 | 20.3 | 16.5 | 3.5% |
| Netherlands | 27.8 | 22.7 | 23.1 | 14.8 | -19.0% |
| Romania | 6.1 | 4.6 | 4.3 | 5.7 | -2.2% |
| Belgium | 89.2 | 41.0 | 5.4 | 4.0 | -64.5% |
| Slovakia | 133 | 89.6 | 18.7 | 1.5 | -77.6% |
| Others | 110 | 73.4 | 11.7 | 7.3 | -59.5% |
| Total | 1,478 | 1,225 | 493 | 286 | -42.2% |
Top Export Markets for Radio Receiver from Hungary in 2022:
- Germany (647.4K units)
- United Kingdom (206.1K units)
- Italy (198.2K units)
- Poland (193.5K units)
- Turkey (145.8K units)
- Netherlands (94.4K units)
- Romania (53.2K units)
- Slovakia (41.4K units)
- Belgium (30.0K units)
Radio Receiver Imports in Hungary
In 2022, after three years of growth, there was decline in supplies from abroad of radio receivers, when their volume decreased by -0.1% to 2.7M units. The total import volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 2.7M units, leveling off in the following year.
In value terms, radio receiver imports reached $69M in 2022. Overall, imports recorded a abrupt decline. Imports peaked at $88M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Radio Receiver in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 39.3 | 47.8 | 28.3 | 30.1 | -8.5% |
| Taiwan (Chinese) | 17.2 | 14.8 | 16.8 | 19.0 | 3.4% |
| China | 4.7 | 6.2 | 6.4 | 6.9 | 13.7% |
| Germany | 19.2 | 5.0 | 2.7 | 2.8 | -47.4% |
| Hong Kong SAR | 0.2 | 0.4 | 1.0 | 1.0 | 71.0% |
| Others | 7.8 | 5.8 | 6.0 | 9.7 | 7.5% |
| Total | 88.4 | 80.0 | 61.2 | 69.5 | -7.7% |
Top Suppliers of Radio Receiver to Hungary in 2022:
- China (864.5K units)
- Czech Republic (719.8K units)
- Taiwan (Chinese) (549.5K units)
- Hong Kong SAR (321.1K units)
- Germany (57.8K units)
This report provides an in-depth analysis of the radio receiver market 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
- Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
- Prodcom 26401290 - Radio receivers for motor vehicles, 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
-
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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In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
725
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
878
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
725
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
