Hungary - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Machine-Tool for Removing Material in Hungary - 2023
Contents:
- Price for Machine-Tool for Removing Material in Hungary (CIF) - 2022
- Price for Machine-Tool for Removing Material in Hungary (FOB) - 2022
- Imports of Machine-Tool for Removing Material in Hungary
- Exports of Machine-Tool for Removing Material in Hungary
Price for Machine-Tool for Removing Material in Hungary (CIF) - 2022
In 2022, the average machine-tool for removing material import price amounted to $3,443 per unit, growing by 15% against the previous year. Over the period under review, the import price, however, saw a sharp shrinkage. Over the period under review, average import prices hit record highs at $52,219 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 Germany ($29,579 per unit), while the price for Poland ($391 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.1%), while the prices for the other major suppliers experienced a decline.
Price for Machine-Tool for Removing Material in Hungary (FOB) - 2022
In 2022, the average machine-tool for removing material export price amounted to $16,928 per unit, which is down by -36% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 41%. As a result, the export price reached the peak level of $73,427 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($105,056 per unit), while the average price for exports to Romania ($4,713 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 Finland (+48.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machine-Tool for Removing Material in Hungary
In 2022, after three years of growth, there was significant decline in overseas purchases of machine-tools for working any material by removal of material, when their volume decreased by -13.7% to 15K units. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 230% against the previous year. As a result, imports reached the peak of 18K units, and then reduced in the following year.
In value terms, machine-tool for removing material imports reduced slightly to $52M in 2022. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked at $59M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Machine-Tool for Removing Material in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 29.5 | 24.1 | 19.2 | 24.0 | -6.6% |
China | 5.7 | 2.8 | 10.7 | 10.4 | 22.2% |
Poland | 0.2 | 0.3 | 0.1 | 0.8 | 58.7% |
Others | 23.7 | 17.8 | 22.4 | 16.9 | -10.7% |
Total | 59.0 | 45.0 | 52.4 | 52.1 | -4.1% |
Top Suppliers of Machine-Tool for Removing Material to Hungary in 2022:
- China (11.0K units)
- Poland (2.1K units)
- Germany (0.8K units)
Exports of Machine-Tool for Removing Material in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas shipments of machine-tools for working any material by removal of material, which increased by 76% to 490 units in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine-tool for removing material exports expanded rapidly to $8.3M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Machine-Tool for Removing Material in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 987 | 1,948 | 2,620 | 3,728 | 55.7% |
Czech Republic | 1,328 | 318 | 505 | 1,001 | -9.0% |
Serbia | 101 | 748 | 1,323 | 952 | 111.2% |
Romania | 105 | 7.5 | 198 | 715 | 89.5% |
Bosnia and Herzegovina | 0.2 | 17.3 | 0.1 | 239 | 961.2% |
Finland | N/A | N/A | 8.0 | 112 | 1300.0% |
Slovakia | 1,086 | 131 | 440 | 98.2 | -55.1% |
Switzerland | 264 | 61.2 | 2.4 | 41.5 | -46.0% |
Ukraine | 496 | 54.6 | 225 | 4.3 | -79.5% |
Kosovo | N/A | 84.7 | N/A | N/A | 0% |
Italy | 2.4 | 174 | N/A | N/A | 7150.0% |
Others | 681 | 2,372 | 2,028 | 1,398 | 27.1% |
Total | 5,051 | 5,916 | 7,351 | 8,291 | 18.0% |
Top Export Markets for Machine-Tool for Removing Material from Hungary in 2022:
- Germany (223.0 units)
- Romania (152.0 units)
- Serbia (39.0 units)
- Finland (13.0 units)
- Bosnia and Herzegovina (13.0 units)
- Czech Republic (10.0 units)
- Switzerland (2.0 units)
- Slovakia (2.0 units)
- Ukraine (1.0 units)
This report provides an in-depth analysis of the market for machine-tool for removing material in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
- Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
- Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
- Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for machine-tool for removing material in Hungary.
This report provides an in-depth analysis of the global market for machine-tool for removing material.
This report provides an in-depth analysis of the market for machine-tool for removing material in Hungary.
This report provides an in-depth analysis of the global market for machine-tool for removing material.
Discover the world's best import markets for machine-tools for removing material. Get insights into the top countries, import values, and market trends. Utilize IndexBox market intelligence platform for comprehensive data.
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