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Hungary - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Hungary - 2023
Contents:
- Engine Generator Price in Hungary (FOB) - 2023
- Engine Generator Price in Hungary (CIF) - 2023
- Engine Generator Exports in Hungary
- Engine Generator Imports in Hungary
Engine Generator Price in Hungary (FOB) - 2023
In August 2023, the average engine generator export price amounted to $79.2 per unit, which is down by -4.5% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices attained the maximum at $98.7 per unit in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to Romania ($87.9 per unit) and Turkey ($85.2 per unit), while the average price for exports to the Czech Republic ($70.3 per unit) and Germany ($72.3 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Engine Generator Price in Hungary (CIF) - 2023
The average engine generator import price stood at $436 per unit in August 2023, surging by 16% against the previous month. Overall, the import price saw a mild increase. The growth pace was the most rapid in November 2022 an increase of 216% month-to-month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($664 per unit), while the price for Turkey ($56.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Engine Generator Exports in Hungary
In 2022, the amount of generators for internal combustion engines exported from Hungary declined remarkably to 1.9M units, reducing by -33.8% compared with the previous year's figure. In general, exports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. As a result, the exports reached the peak of 2.9M units, and then contracted dramatically in the following year.
In value terms, engine generator exports declined sharply to $137M in 2022. Overall, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports attained the peak of $174M, and then fell notably in the following year.
Export of Engine Generator in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 48.4 | 43.7 | 55.6 | 41.7 | -4.8% |
Romania | 10.3 | 13.3 | 34.1 | 25.9 | 36.0% |
France | 5.6 | 2.2 | 19.2 | 24.2 | 62.9% |
Spain | 26.0 | 13.3 | 11.9 | 12.9 | -20.8% |
Czech Republic | 13.7 | 16.2 | 17.8 | 12.3 | -3.5% |
Netherlands | 0.4 | 1.0 | 11.5 | 3.9 | 113.6% |
Poland | 3.0 | 3.3 | 1.9 | 3.9 | 9.1% |
United Kingdom | 12.4 | 7.3 | 1.2 | 1.8 | -47.4% |
Italy | 11.8 | 5.2 | 5.9 | 1.0 | -56.1% |
Others | 13.7 | 8.6 | 15.0 | 9.8 | -10.6% |
Total | 145 | 114 | 174 | 137 | -1.9% |
Top Export Markets for Engine Generator from Hungary in 2022:
- Germany (579.6K units)
- Romania (359.7K units)
- France (336.6K units)
- Spain (179.0K units)
- Czech Republic (171.3K units)
- Poland (54.3K units)
- Netherlands (53.8K units)
- United Kingdom (25.7K units)
- Italy (13.7K units)
Engine Generator Imports in Hungary
In 2022, imports of generators for internal combustion engines into Hungary surged to 670K units, increasing by 37% on the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at 683K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, engine generator imports expanded rapidly to $76M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of $83M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Engine Generator in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 5.4 | 33.4 | 26.0 | 31.9 | 80.8% |
Czech Republic | 6.4 | 21.8 | 14.4 | 22.5 | 52.1% |
France | 10.9 | 13.7 | 14.2 | 11.2 | 0.9% |
Netherlands | 9.6 | 2.5 | 2.5 | 1.6 | -45.0% |
Germany | 1.1 | 1.1 | 2.0 | 1.5 | 10.9% |
Denmark | 1.9 | 1.3 | 1.5 | 1.4 | -9.7% |
Turkey | 2.0 | 1.4 | 1.6 | 0.8 | -26.3% |
China | 2.3 | 1.0 | 0.4 | 0.7 | -32.7% |
Mexico | 3.0 | 0.9 | 0.5 | 0.4 | -48.9% |
Slovakia | 7.6 | N/A | 0.1 | 0.3 | -66.0% |
Belgium | 5.2 | 2.0 | 0.8 | 0.1 | -73.2% |
United Kingdom | 3.0 | 1.3 | 0.1 | N/A | -81.7% |
Others | 3.8 | 2.2 | 3.3 | 3.5 | -2.7% |
Total | 62.2 | 82.7 | 67.5 | 76.0 | 6.9% |
Top Suppliers of Engine Generator to Hungary in 2022:
- Spain (281.2K units)
- Czech Republic (198.3K units)
- France (98.9K units)
- Netherlands (13.8K units)
- Germany (13.1K units)
- Denmark (12.0K units)
- Turkey (7.2K units)
- China (6.5K units)
- Mexico (3.5K units)
- Slovakia (2.3K units)
- Belgium (1.2K units)
- United Kingdom (0.4K units)
This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
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
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