Latest Report Update: Dec 20, 2019

Hungary - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Smoothing Iron Market Overview 2020

Smoothing Iron Market Size in Hungary

The revenue of the smoothing iron market in Hungary amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, smoothing iron consumption continues to indicate a deep decline. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Smoothing iron consumption peaked at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Smoothing Iron Production in Hungary

In value terms, smoothing iron production stood at $X in 2018 estimated in export prices. Overall, smoothing iron production continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2011 when production volume decreased by -X% against the previous year. Smoothing iron production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Smoothing Iron Exports

Exports from Hungary

In 2018, the amount of electric smoothing irons exported from Hungary amounted to X units, jumping by X% against the previous year. Over the period under review, the total exports indicated pronounced growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, smoothing iron exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, smoothing iron exports totaled $X in 2018. Over the period under review, smoothing iron exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, smoothing iron exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Russia (X units), Romania (X units) and Poland (X units) were the main destinations of smoothing iron exports from Hungary, with a combined X% share of total exports. Greece, the Czech Republic, Germany, Croatia, Switzerland, Bulgaria, Lithuania, Latvia and Egypt lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Egypt, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for smoothing iron exported from Hungary were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total exports. These countries were followed by Romania, Greece, Croatia, Germany, Bulgaria, Latvia, Switzerland, Lithuania and Egypt, which together accounted for a further X recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average smoothing iron export price stood at $X per unit in 2018, coming down by -X% against the previous year. Overall, the export price indicated noticeable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for electric smoothing irons reached their maximum at $X per unit in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per unit), while the average price for exports to Lithuania ($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 Croatia, while the prices for the other major destinations experienced more modest paces of growth.

Smoothing Iron Imports

Imports into Hungary

In 2018, the smoothing iron imports into Hungary amounted to X units, surging by X% against the previous year. Overall, smoothing iron imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, smoothing iron imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, smoothing iron imports totaled $X in 2018. In general, smoothing iron imports continue to indicate a temperate 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 failed to regain their momentum.

Imports by Country

Indonesia (X units), Singapore (X units) and China (X units) were the main suppliers of smoothing iron imports to Hungary, together comprising X% of total imports. France, Slovakia and Germany lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Indonesia ($X) and France ($X) appeared to be the largest smoothing iron suppliers to Hungary, with a combined X% share of total imports. China, Slovakia and Germany lagged somewhat behind, together accounting for a further X terms of the main suppliers, Slovakia experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average smoothing iron import price stood at $X per unit in 2018, coming down by -X% against the previous year. In general, the smoothing iron import price continues to indicate a significant reduction. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, the average import prices for electric smoothing irons reached their peak figure at $X per unit in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27512370 - Electric smoothing irons

This report provides an in-depth analysis of the smoothing iron market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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