Hungary: Base Station Market 2022

Base Station Market Size in Hungary

The Hungarian base station market skyrocketed to $X in 2021, increasing by X% against the previous year. In general, consumption enjoyed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Base Station Production in Hungary

In value terms, base station production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Base Station Exports

Exports from Hungary

Base station exports from Hungary contracted sharply to X tons in 2021, with a decrease of -X% on the previous year. Overall, exports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, base station exports contracted significantly to $X in 2021. Over the period under review, exports recorded a measured increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Italy (X tons) and France (X tons) were the main destinations of base station exports from Hungary, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the largest markets for base station exported from Hungary worldwide, together comprising X% of total exports. These countries were followed by Spain, the Netherlands, Poland, Finland, Austria, the Czech Republic, Greece, Bulgaria, Ireland and Portugal, which together accounted for a further X terms of the main countries of destination, the Netherlands, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average base station export price stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Station Imports

Imports into Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of base stations, which increased by X% to X tons in 2021. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, base station imports skyrocketed to $X in 2021. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of base station to Hungary, with a X% share of total imports. Moreover, base station imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), more than tenfold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+X% per year) and France (-X% per year).

In value terms, China ($X) constituted the largest supplier of base station to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and France (-X% per year).

Import Prices by Country

The average base station import price stood at $X per ton in 2021, falling by -X% against the previous year. In general, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform