Hungary: Overview of the Market for Road Tractors For Semi-Trailers 2019

Market Size for Road Tractors For Semi-Trailers in Hungary

The revenue of the road tractor for semi-trailer market in Hungary amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, the total market indicated a slight increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, road tractor for semi-trailer consumption increased by +X% against 2011 indices. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Road tractor for semi-trailer consumption peaked in 2018 and is likely to continue its growth in the near future.

Production of Road Tractors For Semi-Trailers in Hungary

In value terms, road tractor for semi-trailer production amounted to $X in 2018 estimated in export prices. Overall, road tractor for semi-trailer production continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Road tractor for semi-trailer production peaked at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

Exports of Road Tractors For Semi-Trailers

Exports from Hungary

In 2018, the amount of road tractors for semi-trailers exported from Hungary amounted to X units, lowering by -X% against the previous year. Overall, road tractor for semi-trailer exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, road tractor for semi-trailer exports amounted to $X in 2018. Over the period under review, road tractor for semi-trailer exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, road tractor for semi-trailer exports reached their maximum at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Romania (X units) was the main destination for road tractor for semi-trailer exports from Hungary, accounting for a X% share of total exports. Moreover, road tractor for semi-trailer exports to Romania exceeded the volume sent to the second major destination, Slovakia (X units), threefold. The third position in this ranking was occupied by Poland (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-X% per year) and Poland (+X% per year).

In value terms, Romania ($X) remains the key foreign market for road tractor for semi-trailer exports from Hungary, comprising X% of total road tractor for semi-trailer exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2007 to 2018, 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: Poland (+X% per year) and Slovakia (-X% per year).

Export Prices by Country

In 2018, the average road tractor for semi-trailer export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the road tractor for semi-trailer export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The export price peaked at $X per unit in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Romania ($X per unit), while the average price for exports to Afghanistan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road Tractors For Semi-Trailers

Imports into Hungary

Road tractor for semi-trailer imports into Hungary totaled X units in 2018, going up by X% against the previous year. Over the period under review, road tractor for semi-trailer imports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, road tractor for semi-trailer imports attained their peak figure at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, road tractor for semi-trailer imports amounted to $X in 2018. In general, road tractor for semi-trailer imports, however, continue to indicate slight growth. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the Netherlands (X units) constituted the largest supplier of road tractor for semi-trailer to Hungary, with 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, Slovakia (X units), threefold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+X% per year) and Germany (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (-X% per year).

Import Prices by Country

In 2018, the average road tractor for semi-trailer import price amounted to $X per unit, approximately equating the previous year. In general, the import price indicated a measured increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, road tractor for semi-trailer import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. In that year, the average import prices for road tractors for semi-trailers attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average import prices for road tractors for semi-trailers remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform