Hungary - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShaft Coupling Price in Hungary - 2023
Contents:
- Shaft Coupling Price in Hungary (CIF) - 2023
- Shaft Coupling Price in Hungary (FOB) - 2023
- Shaft Coupling Imports in Hungary
- Shaft Coupling Exports in Hungary
Shaft Coupling Price in Hungary (CIF) - 2023
In June 2023, the average shaft coupling import price amounted to $22,954 per ton, growing by 30% against the previous month. Over the period under review, import price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, shaft coupling import price increased by +28.2% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 an increase of 32% m-o-m. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($66,344 per ton), while the price for Turkey ($5,569 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Shaft Coupling Price in Hungary (FOB) - 2023
The average shaft coupling export price stood at $23,506 per ton in June 2023, which is down by -3.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in April 2023 an increase of 30% m-o-m. As a result, the export price reached the peak level of $26,396 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Italy ($44,046 per ton), while the average price for exports to Germany ($17,246 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Shaft Coupling Imports in Hungary
In 2022, approx. 6.4K tons of clutches and shaft couplings were imported into Hungary; jumping by 62% compared with the year before. Overall, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, shaft coupling imports surged to $89M in 2022. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Shaft Coupling in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 20.3 | 18.6 | 23.1 | 42.7 | 28.1% |
Germany | 20.7 | 16.3 | 24.5 | 26.0 | 7.9% |
Belgium | 2.1 | 2.4 | 2.4 | 7.8 | 54.9% |
Spain | 1.8 | 1.8 | 2.2 | 2.6 | 13.0% |
United States | 5.5 | 1.9 | 2.4 | 2.4 | -24.2% |
Taiwan (Chinese) | 0.4 | 0.4 | 0.8 | 1.5 | 55.4% |
China | 0.6 | 0.6 | 1.1 | 0.8 | 10.1% |
Slovenia | N/A | N/A | 0.2 | 0.7 | 250.0% |
Others | 4.6 | 3.5 | 5.1 | 4.4 | -1.5% |
Total | 55.9 | 45.6 | 61.6 | 89.0 | 16.8% |
Top Suppliers of Shaft Coupling to Hungary in 2022:
- Italy (2839.6 tons)
- Germany (2121.9 tons)
- Belgium (373.6 tons)
- Spain (266.8 tons)
- Taiwan (Chinese) (188.4 tons)
- Slovenia (169.7 tons)
- China (103.2 tons)
- United States (66.2 tons)
Shaft Coupling Exports in Hungary
In 2022, after three years of growth, there was decline in overseas shipments of clutches and shaft couplings, when their volume decreased by -3.9% to 2.2K tons. The total export volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.
In value terms, shaft coupling exports dropped to $46M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of $52M, and then reduced in the following year.
Export of Shaft Coupling in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.7 | 14.5 | 16.5 | 14.6 | 10.9% |
France | 3.0 | 4.7 | 4.8 | 7.2 | 33.9% |
Netherlands | 1.2 | 2.8 | 3.5 | 5.1 | 62.0% |
Italy | 1.0 | 1.3 | 1.9 | 2.0 | 26.0% |
Australia | 1.6 | 1.0 | 1.0 | 1.8 | 4.0% |
Finland | 0.9 | 1.3 | 2.0 | 1.6 | 21.1% |
South Africa | 0.8 | 0.8 | 0.9 | 1.4 | 20.5% |
United States | 0.7 | 0.9 | 1.9 | 1.3 | 22.9% |
Poland | 0.7 | 1.1 | 1.6 | 1.2 | 19.7% |
United Kingdom | 1.2 | 1.8 | 1.2 | 1.0 | -5.9% |
Spain | 0.6 | 0.8 | 1.1 | 1.0 | 18.6% |
Indonesia | 0.3 | 0.1 | 0.4 | 0.8 | 38.7% |
Turkey | 1.2 | 1.0 | 0.4 | 0.2 | -45.0% |
Others | 6.0 | 6.8 | 14.5 | 6.3 | 1.6% |
Total | 30.1 | 39.0 | 51.9 | 45.6 | 14.9% |
Top Export Markets for Shaft Coupling from Hungary in 2022:
- Germany (918.0 tons)
- France (251.8 tons)
- Netherlands (169.2 tons)
- Italy (98.8 tons)
- Finland (92.5 tons)
- Australia (91.3 tons)
- South Africa (86.8 tons)
- United States (62.7 tons)
- Poland (59.3 tons)
- Spain (56.4 tons)
- United Kingdom (45.9 tons)
- Indonesia (44.9 tons)
- Turkey (5.7 tons)
This report provides an in-depth analysis of the shaft coupling 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 28152600 - Clutches and shaft couplings (including universal joints)
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
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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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