Hungary: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Hungary

The Hungarian printers and copying machines market skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a perceptible descent. Printers and copying machines consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Printers, Copying Machines And Facsimile Machines in Hungary

In value terms, printers and copying machines production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. Printers and copying machines production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Hungary

In 2022, printers and copying machines exports from Hungary skyrocketed to X units, increasing by X% on 2021. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, printers and copying machines exports totaled $X in 2022. Over the period under review, exports showed a resilient expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of printers and copying machines exports from Hungary, together accounting for X% of total exports. Lithuania, Poland, Spain, Denmark, the Netherlands, Sweden, Italy, Austria, Kazakhstan and Ireland lagged somewhat behind, together comprising a further X%.

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

In value terms, Turkey ($X) remains the key foreign market for printers, copying machines and facsimile machines exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 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 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Lithuania ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Hungary

In 2022, the amount of printers, copying machines and facsimile machines imported into Hungary soared to X units, increasing by X% compared with the previous year. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, printers and copying machines imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest printers and copying machines supplier to Hungary, with a X% share of total imports. Moreover, printers and copying machines imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Indonesia (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest printers and copying machines suppliers to Hungary were the Netherlands ($X), Indonesia ($X) and Germany ($X), together accounting for X% of total imports. China, Vietnam, Poland, Singapore, France, Slovakia, Austria and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, 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 2022, the average printers and copying machines import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then reduced in the following year.

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 the UK ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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