Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary - 2023

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $53 per unit, surging by 8.8% against the previous year. In general, the import price, however, continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2014 an increase of 89% against the previous year. As a result, import price reached the peak level of $1,342 per unit. From 2015 to 2022, the average 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 ($106 per unit), while the price for China ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $1,136 per unit, shrinking by -67.6% against the previous year. Overall, the export price continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2,961% against the previous year. The export price peaked at $25,857 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($5,716 per unit), while the average price for exports to Moldova ($5 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 Germany (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary

In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Hungary rose significantly to 9.8K units, picking up by 8% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 606% against the previous year. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $521K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 321%. As a result, imports attained the peak of $924K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland0.116.484.01591067.2%
United States12.99.70.9134118.2%
China12988.8176118-2.9%
Germany12.641618.426.327.8%
MexicoN/AN/AN/A7.70%
Denmark0.83256.24.375.2%
Czech Republic1.141.31.31.48.4%
South Korea2.2N/A40.7N/A330.1%
Others60.526.811570.95.4%
Total22092444352133.3%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Hungary in 2022:

  1. China (3.6K units)
  2. Poland (3.5K units)
  3. United States (1.6K units)
  4. Mexico (0.2K units)
  5. Germany (0.2K units)
  6. Denmark (0.1K units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary

Exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Hungary soared to 114 units in 2022, picking up by 46% against the year before. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs shrank dramatically to $130K in 2022. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, the exports reached the peak of $274K, and then declined significantly in the following year.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania44.588.319712641.5%
Croatia0.8N/A16.91.933.4%
GermanyN/AN/AN/A1.40%
Slovakia18.0N/AN/A0.4-71.9%
ChinaN/AN/AN/AN/A0%
MoldovaN/AN/A7.1N/A0%
Serbia4.325.68.4N/A39.8%
Italy1.1N/AN/AN/A0%
Others10.715.844.8N/A104.6%
Total79.513027413017.8%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Hungary in 2022:

  1. Germany (81.0 units)
  2. Romania (22.0 units)
  3. Slovakia (5.0 units)
  4. Croatia (3.0 units)
  5. China (2.0 units)
  6. Moldova (1.0 units)

Source: IndexBox Market Intelligence Platform

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