Report Update Nov 1, 2024

Hungary - Blow Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Blow Lamp Market 2024

Blow Lamp Market Size in Hungary

In 2022, after two years of growth, there was significant decline in the Hungarian blow lamp market, when its value decreased by -28.5% to $X. Over the period under review, consumption, however, saw a remarkable increase. Blow lamp consumption peaked at $X in 2021, and then contracted significantly in the following year.

Blow Lamp Exports

Exports from Hungary

In 2022, after four years of growth, there was significant decline in overseas shipments of blow lamps, when their volume decreased by -26.3% to X kg. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 347%. Over the period under review, the exports hit record highs at X kg in 2021, and then shrank dramatically in the following year.

In value terms, blow lamp exports dropped markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 201%. The exports peaked at $X in 2021, and then fell markedly in the following year.

Exports by Country

Slovakia (X kg), Serbia (X kg) and Romania (X kg) were the main destinations of blow lamp exports from Hungary, with a combined 93% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +94.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blow lamp exported from Hungary were Slovakia ($X), Serbia ($X) and Montenegro ($X), with a combined 94% share of total exports.

Serbia, with a CAGR of +94.8%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average blow lamp export price amounted to $X per ton, which is down by -2.6% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blow lamp export price increased by +39.1% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 49%. The export price peaked at $X per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Blow Lamp Imports

Imports into Hungary

In 2022, purchases abroad of blow lamps decreased by -37.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 50%. Imports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, blow lamp imports reduced dramatically to $X in 2022. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 47%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

Germany (X tons), China (X tons) and Austria (X tons) were the main suppliers of blow lamp imports to Hungary, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +31.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of blow lamps to Hungary, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 25% share of total imports. It was followed by Austria, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+36.0% per year) and Austria (+2.2% per year).

Import Prices by Country

The average blow lamp import price stood at $X per ton in 2022, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blow lamps in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 42% share of global consumption. These countries were followed by Taiwan Chinese), Russia, Pakistan, Nigeria, Japan, Mexico, Turkey, Germany, Italy and Spain, which together accounted for a further 33%.

What are the largest producers of blow lamps in the world?

China constituted the country with the largest volume of blow lamp production, comprising approx. 29% of total volume. Moreover, blow lamp production in China exceeded the figures recorded by the second-largest producer, India, threefold. Taiwan Chinese) ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of blow lamps to Hungary?

In value terms, Germany constituted the largest supplier of blow lamp to Hungary, comprising 54% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports. It was followed by Austria, with an 8.3% share.

What are the leading importers of blow lamps from Hungary?

In value terms, Slovakia, Serbia and Romania were the largest markets for blow lamp exported from Hungary worldwide, with a combined 96% share of total exports.

What is the average export price for blow lamps in Hungary?

The average blow lamp export price stood at $47,811 per ton in 2021, picking up by 5% against the previous year.

What is the average import price for blow lamps in Hungary?

In 2021, the average blow lamp import price amounted to $10,686 per ton, increasing by 4% against the previous year.

This report provides an in-depth analysis of the blow lamp 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 25733083 - Blow lamps (excluding gas-operated welding appliances)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023