Hungary: Food Mixer Market Overview 2020

Food Mixer Market Size in Hungary

The revenue of the food mixer market in Hungary amounted to $X in 2018, dropping by -X% against the previous year. Overall, food mixer consumption continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Food mixer consumption peaked at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Food Mixer Production in Hungary

In value terms, food mixer production totaled $X in 2018 estimated in export prices. In general, food mixer production continues to indicate a drastic reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. In that year, food mixer production reached its peak level of $X. From 2011 to 2018, food mixer production growth failed to regain its momentum.

Food Mixer Exports

Exports from Hungary

In 2018, the food mixer exports from Hungary stood at X units, therefore, remained relatively stable against the previous year. Over the period under review, food mixer exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Exports peaked at X units in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, food mixer exports amounted to $X in 2018. Over the period under review, food mixer exports continue to indicate an abrupt downturn. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, food mixer exports reached their maximum at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

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, Germany (X units), threefold. Romania (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Romania (+X% per year).

In value terms, Italy ($X) remains the key foreign market for food mixer exports from Hungary, comprising X% of total food mixer exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Romania (+X% per year).

Export Prices by Country

The average food mixer export price stood at $X per unit in 2018, coming down by -X% against the previous year. In general, the food mixer export price continues to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for domestic food grinders and mixers and fruit or vegetable juice extractors attained their peak figure at $X per unit in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine, while the prices for the other major destinations experienced more modest paces of growth.

Food Mixer Imports

Imports into Hungary

In 2018, the amount of domestic food grinders and mixers and fruit or vegetable juice extractors imported into Hungary stood at X units, increasing by X% against the previous year. In general, food mixer imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, food mixer imports amounted to $X in 2018. Overall, food mixer imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest supplier of food mixer to Hungary, accounting for a X% share of total imports. Moreover, food mixer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. France (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Slovakia (+X% per year).

Import Prices by Country

The average food mixer import price stood at $X per unit in 2018, lowering by -X% against the previous year. In general, the food mixer import price continues to indicate an abrupt decline. The growth pace was the most rapid in 2009 an increase of X% year-to-year. In that year, the average import prices for domestic food grinders and mixers and fruit or vegetable juice extractors attained their peak level of $X per unit. From 2010 to 2018, the growth in terms of the average import prices for domestic food grinders and mixers and fruit or vegetable juice extractors remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Slovakia ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform