Report Hungary - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Hungary - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Industrial Bakery Machinery Market 2022

Industrial Bakery Machinery Market Size in Hungary

In 2021, the Hungarian industrial bakery machinery market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Industrial Bakery Machinery Production in Hungary

In value terms, industrial bakery machinery production totaled $X in 2021 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Industrial Bakery Machinery Exports

Exports from Hungary

After three years of growth, overseas shipments of industrial bakery machinery decreased by -X% to X units in 2021. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2020, and then dropped sharply in the following year.

In value terms, industrial bakery machinery exports contracted remarkably to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Austria (X units) was the main destination for industrial bakery machinery exports from Hungary, accounting for a X% share of total exports. Moreover, industrial bakery machinery exports to Austria exceeded the volume sent to the second major destination, Serbia (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and Senegal (-X% per year).

In value terms, Austria ($X) remains the key foreign market for industrial bakery machinery exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Serbia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and Senegal (-X% per year).

Export Prices by Country

In 2021, the average industrial bakery machinery export price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the export price showed a noticeable contraction. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-X%), while the prices for the other major destinations experienced a decline.

Industrial Bakery Machinery Imports

Imports into Hungary

In 2021, the amount of industrial bakery machinery imported into Hungary surged to X units, rising by X% against 2020. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, industrial bakery machinery imports skyrocketed to $X in 2021. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; afterwards, it flattened through to 2021.

Imports by Country

Italy (X units), Slovenia (X units) and China (X units) were the main suppliers of industrial bakery machinery imports to Hungary, together comprising X% of total imports. Germany, the Netherlands and Poland lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial bakery machinery suppliers to Hungary were Italy ($X), Germany ($X) and Slovenia ($X), together accounting for X% of total imports. The Netherlands, China and Poland lagged somewhat behind, together comprising a further X the main suppliers, Poland, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial bakery machinery import price stood at $X per unit in 2021, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial bakery machinery in the world?
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The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 85% of global consumption.
What are the largest producers of industrial bakery machinery in the world?
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China constituted the country with the largest volume of industrial bakery machinery production, accounting for 77% of total volume. Moreover, industrial bakery machinery production in China exceeded the figures recorded by the second-largest producer, Italy, more than tenfold. India ranked third in terms of total production with a 2.5% share.
What are the leading suppliers of industrial bakery machinery to Hungary?
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In value terms, Italy, Germany and Slovenia were the largest industrial bakery machinery suppliers to Hungary, with a combined 78% share of total imports. The Netherlands, China and Poland lagged somewhat behind, together accounting for a further 15%.
What are the leading importers of industrial bakery machinery from Hungary?
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In value terms, Austria remains the key foreign market for industrial bakery machinery exports from Hungary, comprising 95% of total exports. The second position in the ranking was occupied by Serbia, with a 0.3% share of total exports.
What is the average export price for industrial bakery machinery in Hungary?
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The average industrial bakery machinery export price stood at $766 per unit in 2021, reducing by -8.4% against the previous year.
What is the average import price for industrial bakery machinery in Hungary?
+
The average industrial bakery machinery import price stood at $962 per unit in 2021, jumping by 16% against the previous year.

This report provides an in-depth analysis of the industrial bakery machinery 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.


Product coverage:
• Prodcom 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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