Hungary: Transport Container Market 2024

Transport Container Market Size in Hungary

The Hungarian transport container market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption posted a remarkable increase. Transport container consumption peaked in 2022 and is likely to see steady growth in years to come.

Transport Container Production in Hungary

In value terms, transport container production contracted significantly to $X in 2022 estimated in export price. In general, production saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Transport container production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Transport Container Exports

Exports from Hungary

In 2022, the amount of transport containers exported from Hungary soared to X units, rising by X% against 2021. Overall, exports saw a mild increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, transport container exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X units), Serbia (X units) and the United States (X units) were the main destinations of transport container exports from Hungary, together comprising X% of total exports. Slovakia, Costa Rica and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Serbia (X% per year).

Export Prices by Country

The average transport container export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Australia ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into Hungary

In 2022, overseas purchases of transport containers increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, transport container imports soared to $X in 2022. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of transport container 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, China ($X), Germany ($X) and Romania ($X) appeared to be the largest transport container suppliers to Hungary, together comprising X% of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 transport container import price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, import price indicated prominent growth 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, transport container import price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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