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Hungary - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIlluminated Sign Price in Hungary - 2021
Contents:
- Illuminated Sign Price in Hungary (FOB) - 2021
- Illuminated Sign Price in Hungary (CIF) - 2022
- Illuminated Sign Exports in Hungary
- Illuminated Sign Imports in Hungary
Illuminated Sign Price in Hungary (FOB) - 2021
In November 2021, the average illuminated sign export price amounted to $15,529 per ton, with an increase of 14% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2021 when the average export price increased by 50% against the previous month. Over the period under review, the average export prices reached the maximum at $17,408 per ton in November 2020; however, from December 2020 to November 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2021, the country with the highest price was Norway ($37,053 per ton), while the average price for exports to Germany ($10,777 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Price in Hungary (CIF) - 2022
In 2022, the average illuminated sign import price amounted to $13,517 per ton, reducing by -7.8% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 22% against the previous year. The import price peaked at $18,803 per ton in 2012; however, from 2013 to 2022, 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 Slovakia ($30,417 per ton), while the price for Ukraine ($7,628 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-1.3%), while the prices for the other major suppliers experienced a decline.
Illuminated Sign Exports in Hungary
In 2022, exports of illuminated signs and illuminated name-plates from Hungary fell slightly to 1.1K tons, waning by -3.1% against the year before. Over the period under review, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 7.8% against the previous year.
In value terms, illuminated sign exports dropped to $14M in 2022. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
Export of Illuminated Sign in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.6 | 3.8 | 5.0 | 4.8 | 1.4% |
Switzerland | 2.3 | 2.7 | 2.5 | 2.4 | 1.4% |
United Kingdom | 2.1 | 1.4 | 1.9 | 1.8 | -5.0% |
Austria | 2.0 | 1.8 | 1.6 | 1.7 | -5.3% |
Netherlands | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
Italy | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
Sweden | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
Others | 3.5 | 2.0 | 3.1 | 2.1 | -15.7% |
Total | 15.3 | 12.5 | 15.0 | 13.8 | -3.4% |
Top Export Markets for Illuminated Sign from Hungary in 2022:
- Germany (501.6 tons)
- Austria (162.5 tons)
- Switzerland (100.2 tons)
- United Kingdom (87.3 tons)
- Sweden (43.5 tons)
- Netherlands (38.0 tons)
- Italy (30.9 tons)
Illuminated Sign Imports in Hungary
In 2022, after two years of decline, there was growth in overseas purchases of illuminated signs and illuminated name-plates, when their volume increased by 4.9% to 355 tons. Over the period under review, imports, however, faced a drastic downturn.
In value terms, illuminated sign imports shrank to $4.8M in 2022. In general, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 7% against the previous year.
Import of Illuminated Sign in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 2,929 | 967 | 971 | 1,108 | -27.7% |
Germany | 1,783 | 853 | 1,036 | 899 | -20.4% |
China | 913 | 1,232 | 881 | 773 | -5.4% |
Poland | 1,012 | 599 | 726 | 630 | -14.6% |
Slovakia | 688 | 369 | 703 | 610 | -3.9% |
Ukraine | 885 | 81.1 | 0.4 | 192 | -39.9% |
Turkey | 19.7 | 91.8 | 121 | 105 | 74.7% |
Others | 891 | 448 | 526 | 487 | -18.2% |
Total | 9,122 | 4,642 | 4,965 | 4,803 | -19.3% |
Top Suppliers of Illuminated Sign to Hungary in 2022:
- Austria (101.9 tons)
- China (71.6 tons)
- Germany (69.5 tons)
- Poland (26.5 tons)
- Ukraine (25.1 tons)
- Slovakia (20.0 tons)
- Turkey (12.3 tons)
This report provides an in-depth analysis of the illuminated sign 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 27402400 - Illuminated signs, illuminated name-plates and the like (including road signs)
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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