Hungary - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Side Car and Cycle with Non-Combustion Motor in Hungary - 2023
Contents:
- Price for Side Car and Cycle with Non-Combustion Motor in Hungary (FOB) - 2023
- Price for Side Car and Cycle with Non-Combustion Motor in Hungary (CIF) - 2023
- Exports of Side Car and Cycle with Non-Combustion Motor in Hungary
- Imports of Side Car and Cycle with Non-Combustion Motor in Hungary
Price for Side Car and Cycle with Non-Combustion Motor in Hungary (FOB) - 2023
The average export price for side cars and cycles with non-combustion motors stood at $3,742 per unit in September 2023, picking up by 8% against the previous month. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in November 2022 an increase of 50% month-to-month. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($4,215 per unit), while the average price for exports to Italy ($1,324 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Side Car and Cycle with Non-Combustion Motor in Hungary (CIF) - 2023
The average import price for side cars and cycles with non-combustion motors stood at $575 per unit in September 2023, growing by 39% against the previous month. Overall, the import price enjoyed a strong expansion. The growth pace was the most rapid in March 2023 an increase of 97% against the previous month. The import price peaked at $754 per unit in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,125 per unit), while the price for China ($244 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Side Car and Cycle with Non-Combustion Motor in Hungary
In 2022, after three years of growth, there was significant decline in shipments abroad of side cars and cycles with non-combustion motors, when their volume decreased by -19.6% to 335K units. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports reached the peak of 417K units, and then contracted rapidly in the following year.
In value terms, exports of side cars and cycles with non-combustion motors rose notably to $483M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Side Car and Cycle with Non-Combustion Motor in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 342 | 276 | 278 | 291 | -5.2% |
France | 11.3 | 55.2 | 59.9 | 79.9 | 91.9% |
United Kingdom | 8.7 | 17.0 | 24.5 | 28.2 | 48.0% |
Belgium | 2.1 | 2.4 | 17.7 | 24.5 | 126.8% |
Netherlands | 3.0 | 3.0 | 3.2 | 20.9 | 91.0% |
Slovakia | 0.4 | 0.8 | 1.8 | 10.9 | 200.9% |
Sweden | N/A | 5.1 | 11.9 | 9.4 | 35.8% |
Others | 7.1 | 14.6 | 31.4 | 19.0 | 38.8% |
Total | 374 | 374 | 428 | 483 | 8.9% |
Top Export Markets for Side Car and Cycle with Non-Combustion Motor from Hungary in 2022:
- Germany (152.4K units)
- Netherlands (57.5K units)
- France (42.1K units)
- Belgium (26.2K units)
- United Kingdom (16.4K units)
- Slovakia (15.7K units)
- Sweden (6.8K units)
Imports of Side Car and Cycle with Non-Combustion Motor in Hungary
After three years of growth, overseas purchases of side cars and cycles with non-combustion motors decreased by -46.3% to 166K units in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 167%. Over the period under review, imports of hit record highs at 310K units in 2021, and then declined remarkably in the following year.
In value terms, imports of side cars and cycles with non-combustion motors expanded to $47M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Side Car and Cycle with Non-Combustion Motor in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.4 | 12.7 | 28.5 | 24.8 | 49.6% |
Netherlands | 0.3 | 1.2 | 1.3 | 3.1 | 117.8% |
Czech Republic | 0.1 | 0.2 | 0.4 | 2.3 | 184.4% |
Italy | 0.9 | 0.9 | 1.6 | 1.4 | 15.9% |
Others | 4.0 | 7.1 | 13.2 | 14.9 | 55.0% |
Total | 12.7 | 22.1 | 45.0 | 46.5 | 54.1% |
Top Suppliers of Side Car and Cycle with Non-Combustion Motor to Hungary in 2022:
- China (143.2K units)
- Italy (4.8K units)
- Czech Republic (4.2K units)
- Netherlands (3.9K units)
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
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
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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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