Hungary: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in Hungary

In 2022, the Hungarian non-electric air heater market increased by 78% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, continues to indicate a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in Hungary

In value terms, non-electric air heater production expanded modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 when the production volume increased by 16%. Non-electric air heater production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Electric Air Heater Exports

Exports from Hungary

In 2022, shipments abroad of non-electric air heaters or hot air distributors decreased by -91.1% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 611% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, non-electric air heater exports dropped markedly to $X in 2022. Over the period under review, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 1,047% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X units), Romania (X units) and Germany (X units) were the main destinations of non-electric air heater exports from Hungary, together comprising 66% of total exports. Lithuania, Bulgaria, the Czech Republic, Poland, Croatia, Serbia, Ukraine and Austria lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +107.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Romania ($X) and Germany ($X) appeared to be the largest markets for non-electric air heater exported from Hungary worldwide, together accounting for 58% of total exports. Lithuania, Austria, Bulgaria, the Czech Republic, Croatia, Poland, Ukraine and Serbia lagged somewhat behind, together accounting for a further 37%.

The Czech Republic, with a CAGR of +114.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-electric air heater export price stood at $X per unit in 2022, picking up by 9.8% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 171% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Romania ($X 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 Austria (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports

Imports into Hungary

In 2022, after three years of growth, there was significant decline in supplies from abroad of non-electric air heaters or hot air distributors, when their volume decreased by -12.1% to X units. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 50% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, non-electric air heater imports reduced to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 36% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

Germany (X units), Poland (X units) and Italy (X units) were the main suppliers of non-electric air heater imports to Hungary, together comprising 83% of total imports. China, Ukraine and the Czech Republic lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +36.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric air heater suppliers to Hungary were Germany ($X), Poland ($X) and Italy ($X), with a combined 80% share of total imports. China, Ukraine and the Czech Republic lagged somewhat behind, together accounting for a further 15%.

Among the main suppliers, China, with a CAGR of +39.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric air heater import price stood at $X per unit in 2022, rising by 5% against the previous year. In general, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2018 an increase of 39% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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