Hungary: Lawn Mower Market 2024

Lawn Mower Market Size in Hungary

The Hungarian lawn mower market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption recorded a moderate increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Lawn Mower Production in Hungary

In value terms, lawn mower production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Lawn mower production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Lawn Mower Exports

Exports from Hungary

In 2022, the amount of mowers for lawns, parks, golf courses or sports grounds exported from Hungary reduced notably to X units, falling by X% against 2021. Overall, exports, however, posted temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, lawn mower exports dropped significantly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for lawn mower exports from Hungary, with a X% share of total exports. Moreover, lawn mower exports to Germany exceeded the volume sent to the second major destination, the UK (X units), sevenfold. The third position in this ranking was taken by Romania (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Romania (X% per year).

In value terms, Germany ($X) remains the key foreign market for mowers for lawns, parks, golf courses or sports grounds exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2022, the average lawn mower export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Lawn Mower Imports

Imports into Hungary

In 2022, imports of mowers for lawns, parks, golf courses or sports grounds into Hungary skyrocketed to X units, jumping by X% on the previous year's figure. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, lawn mower imports expanded notably to $X in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of lawn mower to Hungary, with a X% share of total imports. Moreover, lawn mower imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) were the largest lawn mower suppliers to Hungary, together comprising X% of total imports. Sweden, Italy, the Czech Republic, Slovakia, Poland, Slovenia and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovakia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, falling by X% against the previous year. Overall, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :