Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $76,069 per unit in 2022, reducing by -9.5% against the previous year. Over the period under review, import price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +21.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for casting machines; of a kind used in metallurgy or in metal foundrieses increased by +47.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 63%. As a result, import price attained the peak level of $84,071 per unit, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($274,160 per unit), while the price for Austria ($8,664 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+588.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $13,848 per unit in 2022, which is down by -33.7% against the previous year. Overall, the export price saw a abrupt decline. The growth pace was the most rapid in 2018 an increase of 40%. The export price peaked at $54,941 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($45,813 per unit), while the average price for exports to Serbia ($3,398 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 Germany (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Hungary surged to 70 units, jumping by 59% on 2021. Over the period under review, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $5.3M in 2022. In general, imports, however, saw a deep downturn. Imports peaked at $8.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Italy | 1,762 | 1,174 | 2,892 | 28.1% | |
| Germany | 21.2 | 1,935 | 2,193 | 917.1% | |
| China | 0.6 | 45.7 | 175 | 1607.8% | |
| Mexico | N/A | N/A | 56.5 | 0% | |
| Austria | 1,215 | 533 | 8.7 | -91.5% | |
| France | 34.9 | N/A | N/A | 0% | |
| Others | 5.5 | 11.4 | N/A | 107.3% | |
| Total | 3,039 | 3,699 | 5,325 | 32.4% | |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Hungary in 2022:
- Italy (53.0 units)
- Germany (8.0 units)
- China (6.0 units)
- Mexico (2.0 units)
- Austria (1.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Hungary reduced remarkably to 14 units, with a decrease of -67.4% compared with the year before. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 438% against the previous year. As a result, the exports reached the peak of 43 units, and then reduced markedly in the following year.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses contracted significantly to $194K in 2022. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 328% against the previous year. As a result, the exports attained the peak of $898K, and then dropped remarkably in the following year.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 604 | 85.8 | -85.8% |
| Germany | 34.6 | 38.6 | 24.9 | 45.8 | 9.8% |
| China | 69.1 | 64.4 | 34.1 | 25.9 | -27.9% |
| Poland | 4.7 | 24.6 | N/A | 14.3 | 44.9% |
| Uzbekistan | 19.1 | 4.5 | N/A | 8.1 | -24.9% |
| Kazakhstan | N/A | N/A | N/A | 5.8 | 0% |
| Croatia | N/A | 4.8 | 8.7 | 4.8 | 0.0% |
| Serbia | 40.7 | N/A | N/A | 3.4 | -56.3% |
| Italy | N/A | N/A | 121 | N/A | 0% |
| Others | 183 | 73.0 | 106 | N/A | -23.9% |
| Total | 351 | 210 | 898 | 194 | -17.9% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Hungary in 2022:
- Mexico (7.0 units)
- Poland (1.0 units)
- Serbia (1.0 units)
- Uzbekistan (1.0 units)
- China (1.0 units)
- Germany (1.0 units)
- Croatia (1.0 units)
- Kazakhstan (1.0 units)
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