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Hungary - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Hungary - 2023
Contents:
- Non-Electric Industrial Furnace Price in Hungary (CIF) - 2023
- Non-Electric Industrial Furnace Price in Hungary (FOB) - 2022
- Non-Electric Industrial Furnace Imports in Hungary
- Non-Electric Industrial Furnace Exports in Hungary
Non-Electric Industrial Furnace Price in Hungary (CIF) - 2023
In July 2023, the average non-electric industrial furnace import price amounted to $75,164 per unit, dropping by -22.4% against the previous month. Over the period under review, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 255% month-to-month. Over the period under review, average import prices reached the maximum at $96,820 per unit in June 2023, and then contracted sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($1.4M per unit), while the price for the UK ($33,531 per unit) was amongst the lowest.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Hungary (FOB) - 2022
In 2022, the average non-electric industrial furnace export price amounted to $280 per unit, dropping by -19.9% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 73%. As a result, the export price reached the peak level of $507 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($473 per unit), while the average price for exports to Turkey ($87 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 Italy (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports in Hungary
In 2022, approx. 9.9K units of non-electric industrial or laboratory furnaces and ovens were imported into Hungary; jumping by 46% on the year before. Overall, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-electric industrial furnace imports skyrocketed to $5.7M in 2022. Over the period under review, imports, however, recorded a abrupt decline. Imports peaked at $8.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Non-Electric Industrial Furnace in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5,452 | 2,766 | N/A | 2,598 | -21.9% |
China | 16.2 | 1.3 | 178 | 1,042 | 300.7% |
Ukraine | N/A | N/A | N/A | 715 | 0% |
United Kingdom | 689 | 419 | 785 | 443 | -13.7% |
Turkey | 24.1 | 27.6 | 35.8 | 298 | 131.2% |
Italy | 348 | 564 | 376 | 211 | -15.4% |
Slovakia | N/A | N/A | 64.4 | 122 | 89.4% |
Germany | 1,638 | 537 | 1,315 | 32.0 | -73.1% |
Others | 249 | 490 | 483 | 199 | -7.2% |
Total | 8,416 | 4,805 | 3,237 | 5,661 | -12.4% |
Top Suppliers of Non-Electric Industrial Furnace to Hungary in 2022:
- China (3.9K units)
- France (1.8K units)
- Ukraine (1.4K units)
- United Kingdom (1.2K units)
- Turkey (0.8K units)
- Italy (0.3K units)
- Slovakia (0.2K units)
- Germany (0.1K units)
Non-Electric Industrial Furnace Exports in Hungary
In 2022, approx. 5.6K units of non-electric industrial or laboratory furnaces and ovens were exported from Hungary; increasing by 21% on the previous year. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year. As a result, the exports attained the peak of 5.8K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-electric industrial furnace exports contracted slightly to $1.6M in 2022. Overall, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports reached the peak of $2.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Non-Electric Industrial Furnace in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 308 | 1,645 | 1,277 | 975 | 46.8% |
France | 6.5 | N/A | N/A | 351 | 278.0% |
Ukraine | N/A | 297 | N/A | 113 | -38.3% |
Serbia | N/A | N/A | 47.2 | 61.0 | 29.2% |
Turkey | N/A | N/A | 102 | 20.0 | -80.4% |
Slovakia | 95.7 | N/A | N/A | N/A | 0% |
Germany | 206 | 123 | 9.7 | N/A | -78.3% |
Austria | 1,040 | 202 | 186 | N/A | -57.7% |
Others | 224 | N/A | 4.6 | 54.1 | -37.7% |
Total | 1,880 | 2,267 | 1,626 | 1,574 | -5.7% |
Top Export Markets for Non-Electric Industrial Furnace from Hungary in 2022:
- Russia (2961.0 units)
- France (1407.0 units)
- Ukraine (759.0 units)
- Turkey (231.0 units)
- Serbia (129.0 units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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
This report provides an in-depth analysis of the non-electric industrial furnace market in Hungary.
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This report provides an in-depth analysis of the non-electric industrial furnace market in Hungary.
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