Hungary: Balloon And Dirigible Market 2022

Balloon And Dirigible Market Size in Hungary

The Hungarian balloon and dirigible market dropped slightly to $X in 2021, which is down by -X% against the previous year. Overall, consumption saw a abrupt contraction. Balloon and dirigible consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Balloon And Dirigible Production in Hungary

In value terms, balloon and dirigible production reduced dramatically to $X in 2021 estimated in export price. Overall, production, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then dropped significantly in the following year.

Balloon And Dirigible Exports

Exports from Hungary

In 2021, overseas shipments of balloons, dirigibles and other non-powered aircraft decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2020, and then declined significantly in the following year.

In value terms, balloon and dirigible exports contracted rapidly to $X in 2021. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then declined rapidly in the following year.

Exports by Country

Romania (X units) was the main destination for balloon and dirigible exports from Hungary, with a X% share of total exports. Moreover, balloon and dirigible exports to Romania exceeded the volume sent to the second major destination, Australia (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania amounted to +X%.

In value terms, Romania ($X) remains the key foreign market for balloon and dirigible exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Romania stood at +X%.

Export Prices by Country

In 2021, the average balloon and dirigible export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Romania ($X per unit), while the average price for exports to Australia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+X%).

Balloon And Dirigible Imports

Imports into Hungary

In 2021, approx. X units of balloons, dirigibles and other non-powered aircraft were imported into Hungary; falling by -X% on the previous year's figure. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then reduced notably in the following year.

In value terms, balloon and dirigible imports reduced rapidly to $X in 2021. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2021, Japan (X units) was the main supplier of balloon and dirigible to Hungary, with a X% share of total imports. It was followed by Australia (X units), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan amounted to +X%.

In value terms, Japan ($X) constituted the largest supplier of balloon and dirigible to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Japan stood at +X%.

Import Prices by Country

In 2021, the average balloon and dirigible import price amounted to $X per unit, stabilizing at the previous year. In general, the import price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($X per unit), while the price for Japan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%).

Source: IndexBox Platform