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Hungary - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Overview of the Market for Road Tractors For Semi-Trailers 2021

Market Size for Road Tractors For Semi-Trailers in Hungary

The Hungarian road tractor for semi-trailer market shrank remarkably to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Road tractor for semi-trailer consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Production of Road Tractors For Semi-Trailers in Hungary

In value terms, road tractor for semi-trailer production surged to $X in 2020 estimated in export prices. Overall, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Road tractor for semi-trailer production peaked at $X in 2010; however, from 2011 to 2020, production failed to regain the momentum.

Exports of Road Tractors For Semi-Trailers

Exports from Hungary

In 2020, shipments abroad of road tractors for semi-trailers increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, road tractor for semi-trailer exports surged to $X in 2020. In general, total exports indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Afghanistan (X units), Jordan (X units) and Romania (X units) were the main destinations of road tractor for semi-trailer exports from Hungary, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Jordan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for road tractor for semi-trailer exported from Hungary were Romania ($X), Afghanistan ($X) and Serbia ($X), with a combined X% share of total exports.

Afghanistan (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average road tractor for semi-trailer export price stood at $X per unit in 2020, picking up by X% against the previous year. Overall, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per unit), while the average price for exports to Ghana ($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 Afghanistan, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Road Tractors For Semi-Trailers

Imports into Hungary

In 2020, approx. X units of road tractors for semi-trailers were imported into Hungary; declining by -X% on the previous year. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X units in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, road tractor for semi-trailer imports shrank notably to $X in 2020. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X units) constituted the largest road tractor for semi-trailer supplier to Hungary, accounting for a X% share of total imports. Moreover, road tractor for semi-trailer imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Slovenia (X units), fourfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of road tractor for semi-trailer to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Poland (+X% per year).

Import Prices by Country

The average road tractor for semi-trailer import price stood at $X per unit in 2020, with an increase of X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Sweden ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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 road tractors for semi-trailers in the world?
+
China (380K units) constituted the country with the largest volume of road tractor for semi-trailer consumption, comprising approx. 24% of total volume. Moreover, road tractor for semi-trailer consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (169K units), twofold. The third position in this ranking was occupied by India (144K units), with a 9.2% share.
What are the largest producers of road tractors for semi-trailers in the world?
+
China (408K units) remains the largest road tractor for semi-trailer producing country worldwide, comprising approx. 26% of total volume. Moreover, road tractor for semi-trailer production in China exceeded the figures recorded by the second-largest producer, Mexico (183K units), twofold. The third position in this ranking was occupied by India (145K units), with a 9.1% share.
What are the leading suppliers of road tractors for semi-trailers to Hungary?
+
In value terms, the Netherlands ($90M) constituted the largest supplier of road tractor for semi-trailer to Hungary, comprising 59% of total imports. The second position in the ranking was occupied by Germany ($15M), with a 9.8% share of total imports. It was followed by Poland, with a 6.3% share.
What are the leading importers of road tractors for semi-trailers from Hungary?
+
In value terms, Romania ($12M), Afghanistan ($11M) and Serbia ($7.7M) constituted the largest markets for road tractor for semi-trailer exported from Hungary worldwide, together comprising 43% of total exports.
What is the average export price for road tractors for semi-trailers in Hungary?
+
In 2020, the average road tractor for semi-trailer export price amounted to $16,787 per unit, rising by 1.8% against the previous year.
What is the average import price for road tractors for semi-trailers in Hungary?
+
In 2020, the average road tractor for semi-trailer import price amounted to $60,315 per unit, picking up by 9.6% against the previous year.

Product coverage:
• Prodcom 29104300 - Road tractors for semi-trailers

This report provides an in-depth analysis of the market for road tractor for semi-trailer 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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