Hungary: Video Projector Market 2024

Video Projector Market Size in Hungary

The Hungarian video projector market surged to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Video Projector Exports

Exports from Hungary

In 2022, after five years of growth, there was significant decline in overseas shipments of video projectors, when their volume decreased by X% to X units. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined sharply in the following year.

In value terms, video projector exports declined notably to $X in 2022. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Spain (X units) was the main destination for video projector exports from Hungary, accounting for a X% share of total exports. Moreover, video projector exports to Spain exceeded the volume sent to the second major destination, Slovakia (X units), tenfold.

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

In value terms, Spain ($X) remains the key foreign market for video projectors exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average video projector export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Video Projector Imports

Imports into Hungary

In 2022, overseas purchases of video projectors decreased by X% to X units, falling for the second consecutive year after five years of growth. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, video projector imports amounted to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of video projector imports to Hungary, together accounting for X% of total imports.

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

In value terms, Germany ($X), the Netherlands ($X) and China ($X) were the largest video projector suppliers to Hungary, with a combined X% share of total imports.

China, with a CAGR of X%, recorded 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

In 2022, the average video projector import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 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 the Netherlands ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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