Hungary: Surgical Glove Market 2024

Surgical Glove Market Size in Hungary

In 2022, after six years of growth, there was significant decline in the Hungarian surgical glove market, when its value decreased by X% to $X. Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Surgical Glove Production in Hungary

In value terms, surgical glove production rose to $X in 2022 estimated in export price. Overall, production recorded a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Surgical Glove Exports

Exports from Hungary

In 2022, overseas shipments of surgical gloves increased by X% to X pairs for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, surgical glove exports declined to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Austria (X pairs) was the main destination for surgical glove exports from Hungary, with a X% share of total exports. Moreover, surgical glove exports to Austria exceeded the volume sent to the second major destination, Germany (X pairs), sixfold. Bulgaria (X pairs) ranked third in terms of total exports with a X% share.

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

In value terms, Austria ($X) remains the key foreign market for surgical gloves exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the average surgical glove export price amounted to $X per pair, declining by X% against the previous year. Overall, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per pair in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per pair), while the average price for exports to North Macedonia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into Hungary

In 2022, surgical glove imports into Hungary fell to X pairs, with a decrease of X% on the year before. Over the period under review, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, surgical glove imports dropped significantly to $X in 2022. In general, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

Austria (X pairs), Malaysia (X pairs) and China (X pairs) were the main suppliers of surgical glove 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 China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest surgical glove suppliers to Hungary were Austria ($X), Malaysia ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, China, 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 surgical glove import price amounted to $X per pair, which is down by X% against the previous year. Overall, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per pair in 2021, and then contracted slightly in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :