Hungary: Scaffolding Market Overview 2020

Scaffolding Market Size in Hungary

The revenue of the scaffolding market in Hungary amounted to $X in 2018, surging by X% against the previous year. Overall, scaffolding consumption continues to indicate a drastic drop. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, the scaffolding market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Scaffolding Production in Hungary

In value terms, scaffolding production amounted to $X in 2018 estimated in export prices. In general, scaffolding production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Over the period under review, scaffolding production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Scaffolding Exports

Exports from Hungary

In 2018, approx. X tonnes of equipment for scaffolding, shuttering, propping or pit propping were exported from Hungary; reducing by -X% against the previous year. Over the period under review, scaffolding exports continue to indicate a deep deduction. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, scaffolding exports stood at $X in 2018. In general, scaffolding exports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), the Czech Republic (X tonnes) and Austria (X tonnes) were the main destinations of scaffolding exports from Hungary, together accounting for X% of total exports. These countries were followed by Sweden, South Africa, Switzerland, Romania, Slovakia, the U.S., France, Serbia and Oman, which together accounted 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 South Africa, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scaffolding exported from Hungary were Germany ($X), Austria ($X) and the Czech Republic ($X), with a combined X% share of total exports. These countries were followed by South Africa, the U.S., Switzerland, Oman, France, Sweden, Romania, Slovakia and Serbia, which together accounted for a further X the main countries of destination, South Africa experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average scaffolding export price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% y-o-y. In that year, the average export prices for equipment for scaffolding, shuttering, propping or pit propping attained their peak level and is likely to continue its growth in the immediate term.

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

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

Scaffolding Imports

Imports into Hungary

In 2018, the amount of equipment for scaffolding, shuttering, propping or pit propping imported into Hungary totaled X tonnes, falling by -X% against the previous year. Over the period under review, scaffolding imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, scaffolding imports totaled $X in 2018. Overall, scaffolding imports, however, continue to indicate a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), Austria (X tonnes) and Poland (X tonnes) were the main suppliers of scaffolding imports to Hungary, together accounting for X% of total imports. Romania, Slovakia, Italy and the Czech Republic lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding suppliers to Hungary were Austria ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. These countries were followed by Romania, Slovakia, the Czech Republic and Italy, which together accounted for a further X terms of the main suppliers, Romania recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average scaffolding import price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the average import prices for equipment for scaffolding, shuttering, propping or pit propping attained their peak figure in 2018 and is likely to continue its growth in the near future.

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

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

Source: IndexBox AI Platform