Hungary: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Hungary

The Hungarian telephone apparatus market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a noticeable decrease. Telephone apparatus consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Telephone Apparatus Production in Hungary

In value terms, telephone apparatus production contracted markedly to $X in 2022 estimated in export price. Overall, production saw a significant decline. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Telephone Apparatus Exports

Exports from Hungary

Telephone apparatus exports from Hungary shrank rapidly to X units in 2022, which is down by X% on the previous year. Over the period under review, exports faced a deep downturn. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephone apparatus exports shrank to $X in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for telephone apparatus exports from Hungary, with a X% share of total exports. Moreover, telephone apparatus exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. The third position in this ranking was taken by France (X units), with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for telephone apparatus exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Serbia ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

In 2022, the average telephone apparatus export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price 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, telephone apparatus export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 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 Bulgaria ($X per unit), while the average price for exports to Austria ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Hungary

In 2022, approx. X units of telephone apparatus were imported into Hungary; growing by X% against 2021 figures. Over the period under review, imports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports amounted to $X in 2022. In general, imports continue to indicate slight growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the Netherlands (X units) and Slovakia (X units) were the main suppliers of telephone apparatus imports to Hungary, together comprising X% of total imports. Hong Kong SAR, the Czech Republic, Ukraine, Germany, France, Sweden, Taiwan (Chinese), Mexico, Romania and Canada lagged somewhat behind, together comprising a further X%.

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

In value terms, the Czech Republic ($X), China ($X) and Slovakia ($X) constituted the largest telephone apparatus suppliers to Hungary, together comprising X% of total imports. The Netherlands, Taiwan (Chinese), Mexico, Germany, Ukraine, Hong Kong SAR, France, Romania, Sweden and Canada lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telephone apparatus import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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