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Hungary - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpectrometers and Spectrophotometers Price in Hungary - 2023
Contents:
- Spectrometers and Spectrophotometers Price in Hungary (CIF) - 2023
- Spectrometers and Spectrophotometers Price in Hungary (FOB) - 2023
- Spectrometers and Spectrophotometers Imports in Hungary
- Spectrometers and Spectrophotometers Exports in Hungary
Spectrometers and Spectrophotometers Price in Hungary (CIF) - 2023
The average spectrometers and spectrophotometers import price stood at $570 per unit in July 2023, shrinking by -12.4% against the previous month. In general, import price indicated a temperate increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, spectrometers and spectrophotometers import price increased by +63.2% against March 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 70% m-o-m. The import price peaked at $651 per unit in June 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($2,652 per unit), while the price for Romania ($283 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectrometers and Spectrophotometers Price in Hungary (FOB) - 2023
In July 2023, the average spectrometers and spectrophotometers export price amounted to $377 per unit, declining by -7.5% against the previous month. In general, export price indicated a pronounced increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, spectrometers and spectrophotometers export price decreased by -13.0% against April 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 40% against the previous month. As a result, the export price reached the peak level of $434 per unit. From May 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Germany ($576 per unit), while the average price for exports to Belgium ($187 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Spectrometers and Spectrophotometers Imports in Hungary
For the fourth year in a row, Hungary recorded growth in supplies from abroad of spectrometers and spectrophotometers, which increased by 6.6% to 34K units in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, spectrometers and spectrophotometers imports declined to $12M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 10%. Imports peaked at $13M in 2021, and then shrank in the following year.
Import of Spectrometers and Spectrophotometers in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 0.8 | 1.7 | 1.9 | 3.3 | 60.4% |
Germany | 3.1 | 3.4 | 2.8 | 2.0 | -13.6% |
United States | 1.9 | 1.8 | 1.2 | 1.8 | -1.8% |
China | 0.3 | 0.4 | 0.6 | 0.8 | 38.7% |
Belgium | 0.6 | 0.4 | 0.6 | 0.8 | 10.1% |
Denmark | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
Netherlands | 0.7 | 0.6 | 0.6 | 0.6 | -5.0% |
Japan | 0.7 | 0.9 | 0.9 | 0.6 | -5.0% |
Others | 2.9 | 3.1 | 3.7 | 1.4 | -21.6% |
Total | 11.4 | 12.6 | 13.0 | 11.9 | 1.4% |
Top Suppliers of Spectrometers and Spectrophotometers to Hungary in 2022:
- Romania (21.9K units)
- Germany (2.1K units)
- Netherlands (2.0K units)
- China (1.7K units)
- Belgium (1.5K units)
- United States (1.4K units)
- Japan (0.8K units)
- Denmark (0.7K units)
Spectrometers and Spectrophotometers Exports in Hungary
In 2022, approx. 5.5K units of spectrometers and spectrophotometers were exported from Hungary; jumping by 116% against the previous year. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, spectrometers and spectrophotometers exports declined to $11M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports reached the peak of $12M, and then declined in the following year.
Export of Spectrometers and Spectrophotometers in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,112 | 1,787 | 1,852 | 1,704 | -6.9% |
Czech Republic | 787 | 744 | 2,248 | 1,325 | 19.0% |
Netherlands | 10.1 | 0.8 | 1,003 | 924 | 350.6% |
China | 1,134 | 694 | 928 | 506 | -23.6% |
Slovenia | 24.7 | 41.1 | 56.0 | 498 | 172.2% |
Indonesia | N/A | 107 | 83.6 | 177 | 28.6% |
Australia | 4.1 | 188 | 209 | 150 | 232.0% |
Thailand | 1.5 | 156 | 213 | 116 | 326.0% |
Malaysia | N/A | 61.0 | 49.3 | 89.6 | 21.2% |
Taiwan (Chinese) | 1,052 | 52.2 | 127 | 52.8 | -63.1% |
Mexico | N/A | N/A | 125 | N/A | 0% |
Lao People's Democratic Republic | N/A | 568 | N/A | N/A | 0% |
Others | 2,658 | 4,480 | 5,176 | 5,244 | 25.4% |
Total | 7,783 | 8,879 | 12,070 | 10,786 | 11.5% |
Top Export Markets for Spectrometers and Spectrophotometers from Hungary in 2022:
- Australia (2889.0 units)
- Netherlands (1207.0 units)
- Malaysia (168.0 units)
- Slovenia (149.0 units)
- Indonesia (137.0 units)
- Germany (102.0 units)
- Czech Republic (91.0 units)
- Thailand (55.0 units)
- China (32.0 units)
- Taiwan (Chinese) (8.0 units)
This report provides an in-depth analysis of the spectrometers and spectrophotometers 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 26515330 - Spectrometers, spectrophotometers... using optical radiations
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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