Hungary: Balloon And Dirigible Market 2022

Balloon And Dirigible Market Size in Hungary

The Hungarian balloon and dirigible market shrank markedly to $X in 2021, falling by -X% against the previous year. Overall, consumption, however, saw a buoyant increase. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Balloon And Dirigible Production in Hungary

In value terms, balloon and dirigible production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. Balloon and dirigible production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Balloon And Dirigible Exports

Exports from Hungary

After three years of growth, shipments abroad of balloons, dirigibles and other non-powered aircraft decreased by -X% to X units in 2021. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2020, and then dropped rapidly in the following year.

In value terms, balloon and dirigible exports declined rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then plummeted 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 growth rate of volume to Romania stood at +X%.

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

The average balloon and dirigible export price stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably countrydestination: 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, the amount of balloons, dirigibles and other non-powered aircraft imported into Hungary shrank markedly to X units, falling by -X% against the previous year. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then declined dramatically in the following year.

In value terms, balloon and dirigible imports dropped dramatically to $X in 2021. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

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

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

In value terms, Japan ($X) constituted the largest supplier of balloon and dirigible to Hungary.

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

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 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.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to +X% per year.

Source: IndexBox Platform