Hungary: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Hungary

In 2022, after five years of growth, there was significant decline in the Hungarian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, when its value decreased by X% to $X. Overall, consumption, however, saw a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank notably in the following year.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Hungary

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

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Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Hungary

In 2022, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Hungary contracted markedly to X units, which is down by X% on the previous year's figure. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports of hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced notably to $X in 2022. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Ukraine (X units), Germany (X units) and Romania (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Hungary, together accounting for X% of total exports. Poland, Kosovo, Slovakia, Moldova and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Kosovo (with a CAGR of X.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Hungary were Germany ($X), Romania ($X) and Ukraine ($X), together comprising X% of total exports. Slovakia, Poland, Moldova, Kosovo and Russia lagged somewhat behind, together comprising a further X%.

Moldova, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while the average price for exports to Kosovo ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Hungary

In 2022, after four years of growth, there was significant decline in overseas purchases of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, when their volume decreased by X% to X units. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then declined markedly in the following year.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids fell sharply to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Hungary, accounting for a X% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Turkey exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. The third position in this ranking was taken by Germany (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Hungary, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

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

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price recorded prominent growth. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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