Hungary: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Hungary

The Hungarian stone sawing machine market dropped modestly to $X in 2022, waning by X% against the previous year. In general, consumption, however, showed mild growth. Stone sawing machine consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Stone Sawing Machine Production in Hungary

In value terms, stone sawing machine production declined notably to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Stone Sawing Machine Exports

Exports from Hungary

After three years of growth, overseas shipments of sawing machines for working stone, ceramics and concrete decreased by X% to X units in 2022. Over the period under review, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then contracted markedly in the following year.

In value terms, stone sawing machine exports shrank to $X in 2022. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units) was the main destination for stone sawing machine exports from Hungary, accounting for a X% share of total exports. Moreover, stone sawing machine exports to the Czech Republic exceeded the volume sent to the second major destination, Bulgaria (X units), threefold. The third position in this ranking was held by Romania (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Romania (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

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

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a sharp slump. The pace of growth was the most pronounced in 2017 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 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Slovenia ($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 the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Stone Sawing Machine Imports

Imports into Hungary

In 2022, overseas purchases of sawing machines for working stone, ceramics and concrete increased by X% to X units, rising for the eighth consecutive year after two years of decline. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, stone sawing machine imports soared to $X in 2022. Overall, imports posted a strong increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X units), the Netherlands (X units) and Italy (X units) were the main suppliers of stone sawing machine imports to Hungary, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Hungary, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

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

Import Prices by Country

In 2022, the average stone sawing machine import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a deep slump. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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