Hungary: Food Mixer Market Overview 2021

Food Mixer Market Size in Hungary

The Hungarian food mixer market contracted to $X in 2020, falling by -X% against the previous year. Overall, consumption recorded a mild decline. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2014 to 2020, the growth of the market failed to regain the momentum.

Food Mixer Production in Hungary

In value terms, food mixer production contracted to $X in 2020 estimated in export prices. In general, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2010 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2011 to 2020, production growth failed to regain the momentum.

Food Mixer Exports

Exports from Hungary

In 2020, overseas shipments of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -X% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, food mixer exports shrank to $X in 2020. Overall, exports recorded a perceptible decrease. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Italy (X units) was the main destination for food mixer exports from Hungary, accounting for a X% share of total exports. Moreover, food mixer exports to Italy exceeded the volume sent to the second major destination, Ukraine (X units), threefold. The third position in this ranking was occupied by Romania (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Romania (+X% per year).

In value terms, the largest markets for food mixer exported from Hungary were Ukraine ($X), Italy ($X) and Poland ($X), together accounting for X% of total exports. These countries were followed by Romania, Slovakia, Greece and the Netherlands, which together accounted for a further X the main countries of destination, Greece recorded 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 food mixer export price stood at $X per unit in 2020, with a decrease of -X% against the previous year. In general, the export price saw a pronounced contraction. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Poland ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced a decline.

Food Mixer Imports

Imports into Hungary

In 2020, the amount of domestic food grinders and mixers and fruit or vegetable juice extractors imported into Hungary was estimated at X units, almost unchanged from the year before. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, food mixer imports fell to $X in 2020. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

China (X units), Germany (X units) and Slovenia (X units) were the main suppliers of food mixer imports to Hungary, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Slovenia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest food mixer suppliers to Hungary were China ($X), Germany ($X) and Slovenia ($X), with a combined X% share of total imports.

Slovenia recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average food mixer import price amounted to $X per unit, reducing by -X% against the previous year. Overall, the import price saw a slight setback. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic food grinders and mixers and fruit or vegetable juice extractors in the world?

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India (137M units) remains the largest food mixer consuming country worldwide, comprising approx. 25% of total volume. Moreover, food mixer consumption in India exceeded the figures recorded by the second-largest consumer, China (65M units), twofold. The U.S. (59M units) ranked third in terms of total consumption with a 11% share.

What are the largest producers of domestic food grinders and mixers and fruit or vegetable juice extractors in the world?

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China (331M units) constituted the country with the largest volume of food mixer production, accounting for 54% of total volume. Moreover, food mixer production in China exceeded the figures recorded by the second-largest producer, India (139M units), twofold. Japan (26M units) ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of domestic food grinders and mixers and fruit or vegetable juice extractors to Hungary?

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In value terms, China ($11M), Germany ($6.9M) and Slovenia ($2.9M) constituted the largest food mixer suppliers to Hungary, with a combined 59% share of total imports.

What are the leading importers of domestic food grinders and mixers and fruit or vegetable juice extractors from Hungary?

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In value terms, Ukraine ($8.5M), Italy ($6.9M) and Poland ($5.6M) constituted the largest markets for food mixer exported from Hungary worldwide, with a combined 65% share of total exports. Romania, Slovakia, Greece and the Netherlands lagged somewhat behind, together accounting for a further 23%.

What is the average export price for domestic food grinders and mixers and fruit or vegetable juice extractors in Hungary?

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The average food mixer export price stood at $16 per unit in 2020, which is down by -2.8% against the previous year.

What is the average import price for domestic food grinders and mixers and fruit or vegetable juice extractors in Hungary?

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The average food mixer import price stood at $16 per unit in 2020, which is down by -6.4% against the previous year.