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Hungary - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Overview of the Market for Lighting Sets For Christmas Trees 2021

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Market Size for Lighting Sets For Christmas Trees in Hungary

After two years of growth, the Hungarian market for lighting sets for christmas trees decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2009; however, from 2010 to 2020, consumption remained at a lower figure.

Production of Lighting Sets For Christmas Trees in Hungary

In value terms, lighting set for christmas trees production dropped notably to $X in 2020 estimated in export prices. Overall, production saw a abrupt decrease. The growth pace was the most rapid in 2009 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2010 to 2020, production growth remained at a lower figure.

Exports of Lighting Sets For Christmas Trees

Exports from Hungary

In 2020, shipments abroad of lighting sets for christmas trees decreased by -X% to X units, falling for the fourth consecutive year after three years of growth. Overall, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X units in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, lighting set for christmas trees exports reduced notably to $X in 2020. Over the period under review, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Poland (X units) and Austria (X units) were the main destinations of lighting set for christmas trees exports from Hungary, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Poland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lighting set for christmas trees exported from Hungary were Germany ($X), Austria ($X) and Croatia ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Austria recorded the highest growth rate of 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 export price for lighting sets for christmas trees stood at $X per unit in 2020, falling by -X% against the previous year. In general, the export price, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, export price attained the peak level of $X per unit, and then contracted in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighting Sets For Christmas Trees

Imports into Hungary

After four years of growth, overseas purchases of lighting sets for christmas trees decreased by -X% to X units in 2020. Overall, imports, however, posted a measured increase. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Imports peaked at X units in 2019, and then reduced in the following year.

In value terms, lighting set for christmas trees imports fell slightly to $X in 2020. In general, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

China (X units), Austria (X units) and Poland (X units) were the main suppliers of lighting set for christmas trees imports to Hungary, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Austria, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lighting set for christmas trees suppliers to Hungary were China ($X), Poland ($X) and Austria ($X), with a combined X% share of total imports.

In terms of the main suppliers, Austria saw 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

In 2020, the average import price for lighting sets for christmas trees amounted to $X per unit, surging by X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, lighting set for christmas trees import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2009 an increase of X% year-to-year. The import price peaked in 2020 and is likely to see gradual growth in years to come.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lighting sets for christmas trees in the world?
+
The countries with the highest volumes of lighting set for christmas trees consumption in 2020 were China (50M units), the U.S. (41M units) and Brazil (10M units), together accounting for 46% of global consumption. The Philippines, Canada, the UK, Viet Nam, Germany, Indonesia, the Netherlands, Australia, Italy and Poland lagged somewhat behind, together comprising a further 30%.
What are the largest producers of lighting sets for christmas trees in the world?
+
China (148M units) constituted the country with the largest volume of lighting set for christmas trees production, accounting for 82% of total volume. Moreover, lighting set for christmas trees production in China exceeded the figures recorded by the second-largest producer, Brazil (7.7M units), more than tenfold. The third position in this ranking was occupied by Indonesia (6.1M units), with a 3.4% share.
What are the leading suppliers of lighting sets for christmas trees to Hungary?
+
In value terms, China ($1.7M), Poland ($1.6M) and Austria ($1.5M) constituted the largest lighting set for christmas trees suppliers to Hungary, with a combined 55% share of total imports.
What are the leading importers of lighting sets for christmas trees from Hungary?
+
In value terms, the largest markets for lighting set for christmas trees exported from Hungary were Germany ($3.3M), Austria ($1.8M) and Croatia ($623K), with a combined 63% share of total exports.
What is the average export price for lighting sets for christmas trees in Hungary?
+
The average export price for lighting sets for christmas trees stood at $44 per unit in 2020, reducing by -13.3% against the previous year.
What is the average import price for lighting sets for christmas trees in Hungary?
+
The average import price for lighting sets for christmas trees stood at $16 per unit in 2020, surging by 8.1% against the previous year.

Product coverage:
• Prodcom 27403200 - Lighting sets for Christmas trees

This report provides an in-depth analysis of the market for lighting set for christmas trees 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 2025.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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