Hungary: Non-Domestic Dishwashing Machine Market 2022

Non-Domestic Dishwashing Machine Market Size in Hungary

For the third consecutive year, the Hungarian non-domestic dishwashing machine market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption showed a significant increase. Non-domestic dishwashing machine consumption peaked in 2021 and is expected to retain growth in the near future.

Non-Domestic Dishwashing Machine Exports

Exports from Hungary

In 2021, the amount of non-domestic dish-washing machines exported from Hungary soared to X units, growing by X% compared with the year before. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, non-domestic dishwashing machine exports soared to $X in 2021. In general, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for non-domestic dishwashing machine exports from Hungary, with a X% share of total exports. Moreover, non-domestic dishwashing machine exports to Germany exceeded the volume sent to the second major destination, Kosovo (X units), threefold. The third position in this ranking was occupied by Slovakia (X units), with a X% share.

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

In value terms, Germany ($X) emerged as the key foreign market for non-domestic dishwashing machine exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Romania (-X% per year).

Export Prices by Country

The average non-domestic dishwashing machine export price stood at $X per unit in 2021, surging by X% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Kosovo ($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 Slovakia (-X%), while the prices for the other major destinations experienced a decline.

Non-Domestic Dishwashing Machine Imports

Imports into Hungary

In 2021, non-domestic dishwashing machine imports into Hungary skyrocketed to X units, picking up by X% against the previous year's figure. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 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 the immediate term.

In value terms, non-domestic dishwashing machine imports expanded remarkably to $X in 2021. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Slovakia (X units) constituted the largest non-domestic dishwashing machine supplier to Hungary, accounting for a X% share of total imports. Moreover, non-domestic dishwashing machine imports from Slovakia exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Poland (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Slovakia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Poland (+X% per year).

In value terms, the largest non-domestic dishwashing machine suppliers to Hungary were Slovakia ($X), Italy ($X) and Germany ($X), together accounting for X% of total imports. Austria, Poland, Belgium and Turkey lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-domestic dishwashing machine import price amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform