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Hungary - Electric Table, Desk, Bedside Or Floor Standing Lamp - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Overview of the Market for Electric Table, Desk, Bedside Or Floor Standing Lamp 2021

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Market Size for Electric Table, Desk, Bedside Or Floor Standing Lamp in Hungary

For the third year in a row, the Hungarian market for electric table, desk, bedside or floor standing lamp recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption saw a temperate expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in years to come.

Production of Electric Table, Desk, Bedside Or Floor Standing Lamp in Hungary

In value terms, table, bedside and floor lamp production contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Table, bedside and floor lamp production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Exports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Exports from Hungary

In 2020, shipments abroad of electric table, desk, bedside or floor standing lamp was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, table, bedside and floor lamp exports expanded remarkably to $X in 2020. In general, exports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for table, bedside and floor lamp exports from Hungary, with a X% share of total exports. Moreover, table, bedside and floor lamp exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold. The third position in this ranking was occupied by Italy (X units), with a X% share.

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

In value terms, Italy ($X), Germany ($X) and Austria ($X) appeared to be the largest markets for table, bedside and floor lamp exported from Hungary worldwide, together accounting for X% of total exports.

Among the main countries of destination, Germany 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

In 2020, the average export price for electric table, desk, bedside or floor standing lamp amounted to $X per unit, growing by X% against the previous year. Overall, export price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, table, bedside and floor lamp export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the near future.

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

Imports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Imports into Hungary

For the third year in a row, Hungary recorded growth in supplies from abroad of electric table, desk, bedside or floor standing lamp, which increased by X% to X units in 2020. Over the period under review, imports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, table, bedside and floor lamp imports rose significantly to $X in 2020. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Austria (X units) constituted the largest table, bedside and floor lamp supplier to Hungary, with a X% share of total imports. Moreover, table, bedside and floor lamp imports from Austria exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Austria totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Poland (+X% per year).

In value terms, Austria ($X), China ($X) and Poland ($X) were the largest table, bedside and floor lamp suppliers to Hungary, with a combined X% share of total imports. Germany, Slovakia and Pakistan lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electric table, desk, bedside or floor standing lamp stood at $X per unit in 2020, with an increase of X% against the previous year. In general, import price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, table, bedside and floor lamp import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Slovakia ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric table, desk, bedside or floor standing lamp in the world?
+
The countries with the highest volumes of table, bedside and floor lamp consumption in 2020 were China (268M units), the U.S. (148M units) and Brazil (60M units), together accounting for 49% of global consumption. Mexico, Indonesia, Pakistan, Russia, Turkey, Germany, Viet Nam, the UK, Thailand and Egypt lagged somewhat behind, together comprising a further 31%.
What are the largest producers of electric table, desk, bedside or floor standing lamp in the world?
+
The country with the largest volume of table, bedside and floor lamp production was China (611M units), accounting for 59% of total volume. Moreover, table, bedside and floor lamp production in China exceeded the figures recorded by the second-largest producer, the U.S. (67M units), ninefold. The third position in this ranking was occupied by Mexico (59M units), with a 5.7% share.
What are the leading suppliers of electric table, desk, bedside or floor standing lamp to Hungary?
+
In value terms, Austria ($8.4M), China ($4.4M) and Poland ($3.7M) constituted the largest table, bedside and floor lamp suppliers to Hungary, together accounting for 77% of total imports. Germany, Slovakia and Pakistan lagged somewhat behind, together accounting for a further 15%.
What are the leading importers of electric table, desk, bedside or floor standing lamp from Hungary?
+
In value terms, Italy ($6.8M), Germany ($6.2M) and Austria ($2.1M) constituted the largest markets for table, bedside and floor lamp exported from Hungary worldwide, with a combined 65% share of total exports.
What is the average export price for electric table, desk, bedside or floor standing lamp in Hungary?
+
The average export price for electric table, desk, bedside or floor standing lamp stood at $9.2 per unit in 2020, rising by 9.6% against the previous year.
What is the average import price for electric table, desk, bedside or floor standing lamp in Hungary?
+
In 2020, the average import price for electric table, desk, bedside or floor standing lamp amounted to $5.9 per unit, with an increase of 3% against the previous year.

Product coverage:
• Prodcom 27402200 - Electric table, desk, bedside or floor-standing lamps

This report provides an in-depth analysis of the market for table, bedside and floor lamp 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 2025.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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