Cranes; Tower Cranes Price in Hungary - 2023

Contents:

  1. Cranes; Tower Cranes Price in Hungary (CIF) - 2022
  2. Cranes; Tower Cranes Price in Hungary (FOB) - 2022
  3. Cranes; Tower Cranes Imports in Hungary
  4. Cranes; Tower Cranes Exports in Hungary

Cranes; Tower Cranes Price in Hungary (CIF) - 2022

In 2022, the average cranes; tower cranes import price amounted to $22,510 per unit, with a decrease of -14.9% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the peak figure at $74,505 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($64,599 per unit), while the price for Ukraine ($1,828 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Cranes; Tower Cranes Price in Hungary (FOB) - 2022

In 2022, the average cranes; tower cranes export price amounted to $14,935 per unit, waning by -17.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 207%. As a result, the export price reached the peak level of $50,586 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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 Poland ($79,026 per unit), while the average price for exports to Ukraine ($427 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 Poland (+11.8%), while the prices for the other major destinations experienced a decline.

Cranes; Tower Cranes Imports in Hungary

In 2022, after three years of growth, there was significant decline in supplies from abroad of cranes; tower craneses, when their volume decreased by -27.6% to 509 units. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 270%. As a result, imports reached the peak of 703 units, and then declined remarkably in the following year.

In value terms, cranes; tower cranes imports contracted rapidly to $11M in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 331% against the previous year. As a result, imports attained the peak of $19M, and then shrank notably in the following year.

Import of Cranes; Tower Cranes in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.80.45.27.1107.0%
Italy0.32.92.62.191.3%
NetherlandsN/A0.9N/A0.4-33.3%
Austria0.1N/A10.60.344.2%
FranceN/AN/A0.20.1-50.0%
United Kingdom0.1N/AN/A0.10.0%
Qatar3.3N/AN/AN/A0%
UkraineN/AN/AN/AN/A0%
Others3.10.1N/A1.2-27.1%
Total7.74.318.611.514.3%

Top Suppliers of Cranes; Tower Cranes to Hungary in 2022:

  1. Italy (285.0 units)
  2. Germany (110.0 units)
  3. United Kingdom (32.0 units)
  4. Ukraine (20.0 units)
  5. Netherlands (16.0 units)
  6. Austria (13.0 units)
  7. France (9.0 units)

Cranes; Tower Cranes Exports in Hungary

In 2022, overseas shipments of cranes; tower craneses increased by 200% to 12 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic downturn. The exports peaked at 26 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cranes; tower cranes exports soared to $175K in 2022. Over the period under review, exports, however, saw a dramatic contraction. The exports peaked at $477K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Cranes; Tower Cranes in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia125N/AN/A94.7-8.8%
Croatia114279N/A62.3-18.2%
Netherlands3.5N/AN/A7.730.1%
Germany9.8N/AN/A6.6-12.3%
Ukraine6.4N/AN/A2.1-31.0%
Iran1.5N/AN/A0.5-30.7%
KosovoN/AN/AN/A0.30%
Bulgaria12.8N/AN/AN/A0%
Jordan3.3N/AN/AN/A0%
Austria107N/AN/AN/A0%
SerbiaN/AN/A72.1N/A0%
Egypt89.9N/AN/AN/A0%
Others4.2N/AN/A1.3-32.4%
Total47727972.1175-28.4%

Top Export Markets for Cranes; Tower Cranes from Hungary in 2022:

  1. Ukraine (5.0 units)
  2. Croatia (4.0 units)
  3. Netherlands (1.0 units)
  4. Iran (1.0 units)
  5. Kosovo (1.0 units)
  6. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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