Hungary: Capacitor Market 2024

Capacitor Market Size in Hungary

The Hungarian capacitor market contracted notably to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, posted a pronounced increase. Capacitor consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Capacitor Production in Hungary

In value terms, capacitor production surged to $X in 2022 estimated in export price. In general, production recorded mild growth. Capacitor production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Capacitor Exports

Exports from Hungary

In 2022, shipments abroad of electrical capacitors increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, capacitor exports totaled $X in 2022. Overall, exports, however, showed a slight reduction. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units), Germany (X units) and Romania (X units) were the main destinations of capacitor exports from Hungary, together comprising X% of total exports. Austria, Poland, the Netherlands, France, Finland, Italy, Slovakia, the UK, Turkey and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electrical capacitors exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average capacitor export price amounted to $X per thousand units, approximately reflecting the previous year. Overall, the export price, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per thousand units in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per thousand units), while the average price for exports to Romania ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Hungary

For the third consecutive year, Hungary recorded decline in purchases abroad of electrical capacitors, which decreased by X% to X units in 2022. In general, imports saw a mild descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, capacitor imports shrank slightly to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Germany (X units), the Netherlands (X units) and the Czech Republic (X units) were the main suppliers of capacitor imports to Hungary, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical capacitors to Hungary, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average capacitor import price amounted to $X per thousand units, surging by X% against the previous year. Over the period under review, the import price continues to indicate prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per thousand units), while the price for the UK ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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