Hungary: Aircraft Launching Gear Market Overview 2021

Aircraft Launching Gear Market Size in Hungary

The Hungarian aircraft launching gear market expanded slightly to $X in 2020, surging by X% against the previous year. Over the period under review, consumption, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Aircraft launching gear consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Aircraft Launching Gear Production in Hungary

In value terms, aircraft launching gear production stood at $X in 2020 estimated in export prices. In general, production continues to indicate a precipitous shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Aircraft Launching Gear Exports

Exports from Hungary

In 2020, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof exported from Hungary soared to X kg, growing by X% on 2019 figures. Overall, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. As a result, exports reached the peak of X kg. From 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, aircraft launching gear exports skyrocketed to $X in 2020. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Romania (X kg) was the main destination for aircraft launching gear exports from Hungary, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Romania totaled -X%.

In value terms, Romania ($X) also remains the key foreign market for aircraft launching gear exports from Hungary.

From 2007 to 2020, the average annual growth rate of value to Romania amounted to +X%.

Export Prices by Country

The average aircraft launching gear export price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the export price showed resilient growth. The growth pace was the most rapid in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum in 2020 and is likely to see steady growth in years to come.

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

From 2007 to 2020, the rate of growth in terms of prices for Romania amounted to +X% per year.

Aircraft Launching Gear Imports

Imports into Hungary

In 2020, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof imported into Hungary amounted to X kg, surging by X% on 2019 figures. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X kg in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, aircraft launching gear imports totaled $X in 2020. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X kg) was the main supplier of aircraft launching gear to Hungary, with a X% share of total imports. Moreover, aircraft launching gear imports from the U.S. exceeded the figures recorded by the second-largest supplier, France (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from the U.S. amounted to +X%.

In value terms, the U.S. ($X) constituted the largest supplier of aircraft launching gear to Hungary, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the U.S. amounted to +X%.

Import Prices by Country

The average aircraft launching gear import price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for France amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aircraft launching gear, deck-arrestor or similar gear and parts thereof in the world?

+

Indonesia (958 tonnes) constituted the country with the largest volume of aircraft launching gear consumption, comprising approx. 29% of total volume. Moreover, aircraft launching gear consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Kazakhstan (387 tonnes), twofold. The U.S. (328 tonnes) ranked third in terms of total consumption with a 9.9% share.

What are the largest producers of aircraft launching gear, deck-arrestor or similar gear and parts thereof in the world?

+

The U.S. (1.1K tonnes) constituted the country with the largest volume of aircraft launching gear production, accounting for 51% of total volume. Moreover, aircraft launching gear production in the U.S. exceeded the figures recorded by the second-largest producer, Kazakhstan (387 tonnes), threefold. Taiwan (Chinese) (246 tonnes) ranked third in terms of total production with a 11% share.

What are the leading suppliers of aircraft launching gear, deck-arrestor or similar gear and parts thereof to Hungary?

+

In value terms, the U.S. ($27K) constituted the largest supplier of aircraft launching gear to Hungary, comprising 97% of total imports. The second position in the ranking was occupied by France ($840), with a 3.1% share of total imports.

What are the leading importers of aircraft launching gear, deck-arrestor or similar gear and parts thereof from Hungary?

+

In value terms, Romania ($4.1K) remains the key foreign market for aircraft launching gear exports from Hungary.

What is the average export price for aircraft launching gear, deck-arrestor or similar gear and parts thereof in Hungary?

+

The average aircraft launching gear export price stood at $410,700 per tonne in 2020, surging by 5.9% against the previous year.

What is the average import price for aircraft launching gear, deck-arrestor or similar gear and parts thereof in Hungary?

+

In 2020, the average aircraft launching gear import price amounted to $42,284 per tonne, shrinking by -3% against the previous year.