Hungary: Tuner Block Market 2024

Tuner Block Market Size in Hungary

For the third consecutive year, the Hungarian tuner block market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption continues to indicate a deep slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Tuner Block Production in Hungary

In value terms, tuner block production skyrocketed to $X in 2022 estimated in export price. In general, production, however, recorded a resilient expansion. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Tuner Block Exports

Exports from Hungary

After two years of growth, shipments abroad of tuner blocks decreased by X% to X units in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then fell remarkably in the following year.

In value terms, tuner block exports contracted to $X in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 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

Slovakia (X units) was the main destination for tuner block exports from Hungary, accounting for a X% share of total exports. Moreover, tuner block exports to Slovakia exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was held by the United States (X units), with a X% share.

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

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

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

Export Prices by Country

In 2022, the average tuner block export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the 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 Germany ($X per unit), while the average price for exports to France ($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 Slovakia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Tuner Block Imports

Imports into Hungary

In 2022, overseas purchases of tuner blocks decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, tuner block imports amounted to $X in 2022. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of tuner block to Hungary, with a X% share of total imports. It was followed by the Netherlands (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of tuner blocks to Hungary, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The average tuner block import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :