Hungary: Intake Air Filter Market 2024

Intake Air Filter Market Size in Hungary

The Hungarian intake air filter market expanded notably to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a measured expansion 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, consumption increased by X% against 2018 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Intake Air Filter Production in Hungary

In value terms, intake air filter production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 with an increase of X%. Intake air filter production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Intake Air Filter Exports

Exports from Hungary

After two years of growth, shipments abroad of intake air filters for internal combustion engines decreased by X% to X units in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X units in 2021, and then reduced slightly in the following year.

In value terms, intake air filter exports dropped remarkably to $X in 2022. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined significantly in the following year.

Exports by Country

Germany (X units), Romania (X units) and Austria (X units) were the main destinations of intake air filter exports from Hungary, with a combined X% share of total exports. Italy, Poland, Ukraine, Russia, Serbia, Bulgaria, the Netherlands, Slovakia and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for intake air filter exported from Hungary were Romania ($X), Russia ($X) and Poland ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Russia, with a CAGR of X%, 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

The average intake air filter export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

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

Intake Air Filter Imports

Imports into Hungary

In 2022, overseas purchases of intake air filters for internal combustion engines increased by X% to X units, rising for the seventh consecutive year after three years of decline. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, intake air filter imports contracted to $X in 2022. Overall, imports showed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

Germany (X units), the Czech Republic (X units) and Poland (X units) were the main suppliers of intake air filter imports to Hungary, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of intake air filters for internal combustion engines to Hungary, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average intake air filter import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price recorded a mild curtailment. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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