Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $56 per thousand units in 2022, declining by -4.1% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. As a result, import price attained the peak level of $97 per thousand units. From 2019 to 2022, the average 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 the Netherlands ($136 per thousand units), while the price for France ($16 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $58 per thousand units in 2022, dropping by -4.3% against the previous year. Overall, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 12% against the previous year. The export price peaked at $86 per thousand units in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($113 per thousand units), while the average price for exports to Italy ($24 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary
In 2022, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Hungary rose slightly to 7.9B units, picking up by 3% on the previous year. The total import volume increased at an average annual rate of +1.8% 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 imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped slightly to $442M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of $447M, and then declined in the following year.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 190 | 160 | 187 | 186 | -0.7% |
China | 22.8 | 32.6 | 44.0 | 54.5 | 33.7% |
France | 30.4 | 28.8 | 41.3 | 48.9 | 17.2% |
Czech Republic | 31.3 | 41.0 | 42.6 | 32.2 | 0.9% |
Austria | 17.7 | 17.6 | 23.7 | 18.9 | 2.2% |
Italy | 17.0 | 5.5 | 7.7 | 15.8 | -2.4% |
Japan | 14.2 | 9.4 | 14.6 | 13.7 | -1.2% |
Netherlands | 31.0 | 9.7 | 12.2 | 13.4 | -24.4% |
Spain | 7.2 | 5.8 | 4.8 | 2.0 | -34.8% |
Others | 76.3 | 60.0 | 69.1 | 56.4 | -9.6% |
Total | 438 | 370 | 447 | 442 | 0.3% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Hungary in 2022:
- France (2994.9M units)
- Germany (2360.7M units)
- China (508.0M units)
- Czech Republic (358.3M units)
- Italy (340.7M units)
- Austria (259.3M units)
- Japan (120.7M units)
- Netherlands (98.4M units)
- Spain (79.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary
In 2022, approx. 5.1B units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were exported from Hungary; picking up by 4.2% on 2021 figures. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank to $296M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of $297M, leveling off in the following year.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 36.0 | 34.4 | 54.8 | 53.2 | 13.9% |
Ukraine | 41.8 | 36.1 | 32.1 | 28.1 | -12.4% |
North Macedonia | 22.2 | 22.0 | 21.6 | 23.6 | 2.1% |
Switzerland | 15.0 | 15.5 | 14.4 | 20.7 | 11.3% |
France | 13.5 | 10.3 | 14.8 | 15.1 | 3.8% |
Romania | 16.9 | 15.7 | 14.5 | 14.6 | -4.8% |
Poland | 9.7 | 9.1 | 12.7 | 12.5 | 8.8% |
Sweden | 2.9 | 4.0 | 10.3 | 6.8 | 32.9% |
United Kingdom | 8.1 | 7.7 | 6.8 | 6.6 | -6.6% |
Netherlands | 6.9 | 5.7 | 5.8 | 5.5 | -7.3% |
Israel | 0.1 | 0.2 | 3.0 | 4.5 | 255.7% |
Spain | 8.2 | 4.8 | 4.9 | 4.4 | -18.7% |
Italy | 3.5 | 3.1 | 3.2 | 3.2 | -2.9% |
Others | 94.4 | 84.5 | 98.1 | 97.3 | 1.0% |
Total | 279 | 253 | 297 | 296 | 2.0% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Hungary in 2022:
- Germany (860.0M units)
- France (507.7M units)
- Poland (433.3M units)
- Ukraine (247.2M units)
- Switzerland (240.2M units)
- North Macedonia (219.1M units)
- Netherlands (199.3M units)
- Romania (182.0M units)
- Spain (168.8M units)
- Sweden (159.5M units)
- Israel (153.2M units)
- United Kingdom (149.7M units)
- Italy (133.7M units)
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