Hungary - Safety Headgear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Headgear Price in Hungary - 2023
Contents:
- Safety Headgear Price in Hungary (CIF) - 2023
- Safety Headgear Price in Hungary (FOB) - 2023
- Safety Headgear Imports in Hungary
- Safety Headgear Exports in Hungary
Safety Headgear Price in Hungary (CIF) - 2023
In August 2023, the average safety headgear import price amounted to $50.2 per unit, growing by 7% against the previous month. Over the period under review, the import price showed a temperate increase. The pace of growth appeared the most rapid in June 2023 an increase of 174% m-o-m. As a result, import price reached the peak level of $139 per unit. From July 2023 to August 2023, the average import prices remained at a 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 Italy ($172 per unit), while the price for China ($24.8 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 Italy (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Headgear Price in Hungary (FOB) - 2023
In August 2023, the average safety headgear export price amounted to $66.8 per unit, rising by 12% against the previous month. Over the period under review, the export price continues to indicate perceptible growth. The growth pace was the most rapid in January 2023 when the average export price increased by 88% against the previous month. As a result, the export price reached the peak level of $121 per unit. From February 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($196 per unit), while the average price for exports to Romania ($32.4 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 Romania (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Headgear Imports in Hungary
In 2022, supplies from abroad of safety headgear was finally on the rise to reach 295K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback. Imports peaked at 473K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, safety headgear imports contracted rapidly to $9.6M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $12M, and then dropped notably in the following year.
| Import of Safety Headgear in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,423 | 1,870 | 1,717 | 1,640 | 4.8% |
| Germany | 969 | 906 | 1,476 | 1,419 | 13.6% |
| Netherlands | 43.1 | 42.9 | 936 | 1,147 | 198.6% |
| China | 612 | 1,158 | 1,656 | 1,014 | 18.3% |
| Czech Republic | 572 | 548 | 684 | 837 | 13.5% |
| Poland | 1,147 | 1,112 | 752 | 828 | -10.3% |
| Italy | 585 | 499 | 598 | 602 | 1.0% |
| Austria | 851 | 512 | 423 | 465 | -18.2% |
| Spain | 499 | 485 | 761 | 398 | -7.3% |
| Slovakia | 115 | 115 | 152 | 241 | 28.0% |
| Croatia | 94.9 | N/A | 1,060 | 196 | 27.3% |
| Slovenia | 151 | 240 | 209 | 85.0 | -17.4% |
| Ireland | 76.8 | 11.3 | 38.3 | 24.2 | -32.0% |
| Others | 291 | 1,098 | 1,050 | 660 | 31.4% |
| Total | 7,430 | 8,599 | 11,511 | 9,557 | 8.8% |
Top Suppliers of Safety Headgear to Hungary in 2022:
- Netherlands (93.6K units)
- Poland (43.6K units)
- France (34.3K units)
- Italy (30.4K units)
- China (22.5K units)
- Germany (19.6K units)
- Spain (10.1K units)
- Czech Republic (9.7K units)
- Slovakia (7.6K units)
- Austria (4.1K units)
- Slovenia (3.5K units)
- Croatia (3.3K units)
- Ireland (3.2K units)
Safety Headgear Exports in Hungary
In 2022, the amount of safety headgear exported from Hungary fell significantly to 43K units, with a decrease of -17.7% compared with 2021 figures. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked at 67K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, safety headgear exports reduced to $1.3M in 2022. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. As a result, the exports reached the peak of $1.4M, and then contracted in the following year.
| Export of Safety Headgear in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 282 | 142 | 618 | 576 | 26.9% |
| Serbia | 46.3 | 186 | 274 | 250 | 75.4% |
| Romania | 116 | 126 | 140 | 194 | 18.7% |
| Bosnia and Herzegovina | 32.0 | 61.9 | 101 | 87.6 | 39.9% |
| Ukraine | 97.6 | 7.4 | 9.0 | 74.1 | -8.8% |
| Germany | 12.9 | 3.5 | 11.7 | 47.6 | 54.5% |
| Austria | 106 | 116 | 172 | 5.4 | -62.9% |
| Others | 69.5 | 78.7 | 68.9 | 47.7 | -11.8% |
| Total | 763 | 722 | 1,395 | 1,283 | 18.9% |
Top Export Markets for Safety Headgear from Hungary in 2022:
- Slovakia (24.1K units)
- Romania (10.6K units)
- Bosnia and Herzegovina (3.0K units)
- Serbia (2.4K units)
- Germany (1.2K units)
- Ukraine (0.5K units)
- Austria (0.1K units)
This report provides an in-depth analysis of the safety headgear 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 32991150 - Safety headgear
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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