Hungary: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2022

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Hungary

In 2021, the Hungarian market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Hungary

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables totaled $X in 2021 estimated in export price. Overall, production showed a dramatic curtailment. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports from Hungary

In 2021, the amount of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exported from Hungary skyrocketed to X units, growing by X% on the year before. Overall, exports posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables reduced remarkably to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Lao People's Democratic Republic (X units), the Czech Republic (X units) and Romania (X units) were the main destinations of exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from Hungary, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) emerged as the key foreign market for seed cleaning, sorting and grading machine exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Lao People's Democratic Republic (+X% per year).

Export Prices by Country

In 2021, the average export price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables amounted to $X per unit, declining by -X% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Lao People's Democratic Republic ($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 Switzerland (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports into Hungary

In 2021, supplies from abroad of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased by X% to X units, rising for the fifth consecutive year after two years of decline. Overall, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables totaled $X in 2021. Over the period under review, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Argentina (X units) constituted the largest supplier of seed cleaning, sorting and grading machine to Hungary, with a X% share of total imports. Moreover, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from Argentina exceeded the figures recorded by the second-largest supplier, Denmark (X units), threefold. Bulgaria (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual growth rate of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Bulgaria (+X% per year).

In value terms, Denmark ($X), Germany ($X) and Austria ($X) appeared to be the largest seed cleaning, sorting and grading machine suppliers to Hungary, with a combined X% share of total imports. These countries were followed by France, China, Argentina, Poland, Romania, Bulgaria and Turkey, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X per unit in 2021, waning by -X% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 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 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform