Hungary - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Signalling Apparatus Price in Hungary - 2023
Contents:
- Electrical Signalling Apparatus Price in Hungary (FOB) - 2023
- Electrical Signalling Apparatus Price in Hungary (CIF) - 2022
- Electrical Signalling Apparatus Exports in Hungary
- Electrical Signalling Apparatus Imports in Hungary
Electrical Signalling Apparatus Price in Hungary (FOB) - 2023
In July 2023, the average electrical signalling apparatus export price amounted to $4.6 per unit, declining by -2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in March 2023 an increase of 26% against the previous month. Over the period under review, the average export prices hit record highs at $4.9 per unit in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($16.3 per unit), while the average price for exports to Serbia ($1.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Signalling Apparatus Price in Hungary (CIF) - 2022
In 2022, the average electrical signalling apparatus import price amounted to $1.4 per unit, stabilizing at the previous year. Over the period under review, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 159%. Over the period under review, average import prices attained the peak figure at $3.9 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 the United States ($13 per unit), while the price for Italy ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Signalling Apparatus Exports in Hungary
Electrical signalling apparatus exports from Hungary declined notably to 3.3M units in 2022, which is down by -20.7% against the previous year's figure. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 47%. As a result, the exports reached the peak of 4.1M units, and then contracted sharply in the following year.
In value terms, electrical signalling apparatus exports declined sharply to $13M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $16M, and then fell remarkably in the following year.
Export of Electrical Signalling Apparatus in Hungary (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8,767 | 6,868 | 8,481 | 6,173 | -11.0% |
Poland | 264 | 437 | 859 | 792 | 44.2% |
Czech Republic | 186 | 349 | 713 | 561 | 44.5% |
Turkey | 28.5 | 206 | 402 | 550 | 168.2% |
Greece | 124 | 225 | 555 | 465 | 55.4% |
Slovakia | 138 | 304 | 484 | 421 | 45.0% |
Austria | 988 | 316 | 539 | 413 | -25.2% |
Romania | 263 | 496 | 593 | 369 | 11.9% |
France | 28.4 | 17.0 | 45.8 | 317 | 123.5% |
Italy | 376 | 365 | 525 | 315 | -5.7% |
Ukraine | 84.9 | 245 | 310 | 209 | 35.0% |
Serbia | 265 | 151 | 249 | 199 | -9.1% |
Russia | 27.2 | 245 | 442 | 115 | 61.7% |
Others | 1,434 | 1,013 | 2,120 | 1,764 | 7.1% |
Total | 12,974 | 11,238 | 16,317 | 12,664 | -0.8% |
Top Export Markets for Electrical Signalling Apparatus from Hungary in 2022:
- Germany (1460.0K units)
- Turkey (274.6K units)
- Poland (169.6K units)
- Serbia (168.6K units)
- Greece (168.0K units)
- Romania (145.0K units)
- Austria (94.6K units)
- Czech Republic (91.8K units)
- Ukraine (87.9K units)
- Slovakia (79.4K units)
- France (76.0K units)
- Russia (52.9K units)
- Italy (49.3K units)
Electrical Signalling Apparatus Imports in Hungary
In 2022, supplies from abroad of electrical apparatus for sound or visual signalling decreased by -0.8% to 9.8M units, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 107% against the previous year. As a result, imports attained the peak of 10M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, electrical signalling apparatus imports shrank slightly to $13M in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 113% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Electrical Signalling Apparatus in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1.3 | 2.8 | 5.2 | 3.6 | 40.4% |
Netherlands | 0.8 | 1.2 | 1.5 | 2.7 | 50.0% |
Germany | 2.3 | 4.3 | 2.4 | 2.0 | -4.6% |
China | 1.1 | 1.6 | 1.8 | 1.4 | 8.4% |
Austria | 0.2 | 0.2 | 0.2 | 0.8 | 58.7% |
Poland | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Italy | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
Others | 2.3 | 7.4 | 2.3 | 2.5 | 2.8% |
Total | 8.4 | 17.8 | 13.7 | 13.5 | 17.1% |
Top Suppliers of Electrical Signalling Apparatus to Hungary in 2022:
- France (4.6M units)
- China (1.8M units)
- Germany (1.0M units)
- Netherlands (0.6M units)
- Italy (0.6M units)
- Poland (0.2M units)
- Austria (0.2M units)
This report provides an in-depth analysis of the electrical signalling apparatus 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 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.
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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