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Hungary - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Heating Resistor Price in Hungary - 2023
Contents:
- Electric Heating Resistor Price in Hungary (FOB) - 2022
- Electric Heating Resistor Price in Hungary (CIF) - 2023
- Electric Heating Resistor Exports in Hungary
- Electric Heating Resistor Imports in Hungary
Electric Heating Resistor Price in Hungary (FOB) - 2022
In 2022, the average electric heating resistor export price amounted to $0.2 per unit, dropping by -7.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices attained the maximum at $0.3 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($0.3 per unit), while the average price for exports to Italy ($0.1 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 Austria (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Resistor Price in Hungary (CIF) - 2023
In June 2023, the average electric heating resistor import price amounted to $105 per thousand units, surging by 4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $0.1 per unit. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Ukraine ($95.0 per thousand units), while the price for Japan ($35.0 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Heating Resistor Exports in Hungary
Electric heating resistor exports from Hungary totaled 809M units in 2022, picking up by 2.4% against the previous year. The total export volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, electric heating resistor exports reduced to $140M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of $147M, and then fell in the following year.
Export of Electric Heating Resistor in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 14.2 | 21.6 | 28.6 | 26.2 | 22.7% |
Germany | 24.5 | 24.1 | 28.6 | 24.8 | 0.4% |
Czech Republic | 18.9 | 18.2 | 19.0 | 17.7 | -2.2% |
Slovakia | 8.0 | 9.8 | 12.3 | 13.5 | 19.1% |
Italy | 4.8 | 6.2 | 8.2 | 7.2 | 14.5% |
North Macedonia | 3.4 | 5.3 | 6.0 | 5.4 | 16.7% |
France | 5.5 | 4.8 | 4.4 | 5.3 | -1.2% |
Turkey | 6.9 | 6.2 | 5.3 | 5.1 | -9.6% |
Poland | 6.5 | 4.4 | 5.2 | 5.0 | -8.4% |
Ukraine | 6.2 | 5.5 | 5.1 | 4.9 | -7.5% |
United Kingdom | 4.7 | 3.0 | 2.7 | 4.8 | 0.7% |
Austria | 2.9 | 3.2 | 3.9 | 4.0 | 11.3% |
Portugal | 4.4 | 2.7 | 2.8 | 2.6 | -16.1% |
Others | 13.9 | 13.4 | 15.0 | 13.2 | -1.7% |
Total | 125 | 128 | 147 | 140 | 3.8% |
Top Export Markets for Electric Heating Resistor from Hungary in 2022:
- Germany (155.0M units)
- Romania (137.0M units)
- Czech Republic (100.8M units)
- Italy (92.9M units)
- Slovakia (63.2M units)
- France (42.7M units)
- North Macedonia (28.6M units)
- Austria (27.1M units)
- Turkey (23.4M units)
- United Kingdom (22.5M units)
- Poland (19.7M units)
- Ukraine (17.8M units)
- Portugal (9.9M units)
Electric Heating Resistor Imports in Hungary
In 2022, after two years of decline, there was significant growth in overseas purchases of electric heating resistors, when their volume increased by 5.8% to 709M units. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric heating resistor imports declined modestly to $55M in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. Over the period under review, imports hit record highs at $68M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Electric Heating Resistor in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
North Macedonia | 32.3 | 17.5 | 16.8 | 17.0 | -19.3% |
Germany | 8.6 | 9.4 | 9.7 | 10.0 | 5.2% |
Ukraine | 15.1 | 18.8 | 12.5 | 9.6 | -14.0% |
Japan | 2.9 | 4.0 | 4.5 | 3.7 | 8.5% |
Italy | 1.6 | 2.3 | 2.6 | 2.1 | 9.5% |
China | 1.1 | 1.3 | 1.4 | 2.0 | 22.1% |
Austria | 1.1 | 1.4 | 1.2 | 1.5 | 10.9% |
Czech Republic | 0.4 | 0.3 | 0.6 | 1.1 | 40.1% |
Poland | 0.8 | 0.9 | 1.1 | 1.0 | 7.7% |
France | 0.7 | 1.0 | 1.2 | 0.9 | 8.7% |
Others | 3.8 | 4.0 | 4.9 | 6.2 | 17.7% |
Total | 68.4 | 60.8 | 56.7 | 55.1 | -7.0% |
Top Suppliers of Electric Heating Resistor to Hungary in 2022:
- North Macedonia (243.0M units)
- Ukraine (179.0M units)
- Germany (57.2M units)
- Czech Republic (42.4M units)
- Italy (26.6M units)
- China (21.4M units)
- Japan (21.2M units)
- France (20.6M units)
- Poland (19.0M units)
- Austria (17.0M units)
This report provides an in-depth analysis of the electric heating resistor market 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 27512900 - Electric heating resistors (excluding of carbon)
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
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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
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