Hungary: Helicopter Market Overview 2020

Helicopter Market Size in Hungary

The revenue of the helicopter market in Hungary amounted to $X in 2018, jumping by X% against the previous year. Overall, helicopter consumption continues to indicate an abrupt slump. The pace of growth appeared the most rapid in 2012 when the market value increased by X% y-o-y. Over the period under review, the helicopter market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Helicopter Production in Hungary

In value terms, helicopter production stood at $X in 2018 estimated in export prices. Overall, helicopter production, however, continues to indicate outstanding growth. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. In that year, helicopter production attained its peak level of $X. From 2017 to 2018, helicopter production growth remained at a somewhat lower figure.

Helicopter Exports

Exports from Hungary

In 2018, the exports of helicopters from Hungary totaled X units, leveling off at the previous year. Overall, helicopter exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. In that year, helicopter exports reached their peak of X units; afterwards, it flattened through to 2018.

In value terms, helicopter exports stood at $X in 2018. Over the period under review, helicopter exports continue to indicate a precipitous drop. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Croatia (X units) was the main destination for helicopter exports from Hungary, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Croatia stood at +X%.

In value terms, Croatia ($X) also remains the key foreign market for helicopter exports from Hungary.

From 2007 to 2018, the average annual growth rate of value to Croatia stood at -X%.

Export Prices by Country

The average helicopter export price stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the helicopter export price continues to indicate a precipitous shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Croatia.

From 2007 to 2018, the rate of growth in terms of prices for Croatia amounted to -X% per year.

Helicopter Imports

Imports into Hungary

In 2018, the amount of helicopters imported into Hungary totaled X units, surging by X% against the previous year. Over the period under review, helicopter imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, helicopter imports totaled $X in 2018. In general, helicopter imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. In that year, helicopter imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the Czech Republic (X units) constituted the largest helicopter supplier to Hungary, accounting for a X% share of total imports. Moreover, helicopter imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Switzerland (X units), twofold.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and France (+X% per year).

In value terms, the largest helicopter suppliers to Hungary were Switzerland ($X), France ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main suppliers, Switzerland experienced 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 helicopter import price stood at $X per unit in 2018, rising by X% against the previous year. Overall, the helicopter import price continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. In that year, the average import prices for helicopters attained their peak level and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Switzerland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform