Report Hungary - Concrete Pumps - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hungary - Concrete Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Concrete Pump Market 2024

Concrete Pump Market Size in Hungary

The Hungarian concrete pump market skyrocketed to $X in 2021, picking up by 58% against the previous year. Overall, consumption saw a moderate expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Concrete Pump Production in Hungary

In value terms, concrete pump production shrank sharply to $X in 2021 estimated in export price. Overall, production showed a precipitous descent. The most prominent rate of growth was recorded in 2015 when the production volume increased by 60% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concrete Pump Exports

Exports from Hungary

Concrete pump exports from Hungary was estimated at X units in 2020, remaining constant against the year before. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 400% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, concrete pump exports declined remarkably to $X in 2020. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 639% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to No country was relatively modest.

Export Prices by Country

The average concrete pump export price stood at $X per unit in 2020, declining by -56.3% against the previous year. Overall, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 56%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Kosovo ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+125.7%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Pump Imports

Imports into Hungary

In 2021, approx. X units of concrete pumps were imported into Hungary; increasing by 11% against 2020. In general, imports, however, saw a slight decline. The growth pace was the most rapid in 2017 with an increase of 140%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports fell modestly to $X in 2021. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by 1,050% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Romania (X units), Germany (X units) and Italy (X units) were the main suppliers of concrete pump imports to Hungary, with a combined 70% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and Germany ($X) were the largest concrete pump suppliers to Hungary, with a combined 90% share of total imports.

Italy, with a CAGR of +32.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concrete pump import price stood at $X per unit in 2021, which is down by -11.7% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 590%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, 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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of concrete pump consumption in 2021 were Saudi Arabia, China and Italy, with a combined 91% share of global consumption.
China remains the largest concrete pump producing country worldwide, comprising approx. 76% of total volume. Moreover, concrete pump production in China exceeded the figures recorded by the second-largest producer, Italy, eightfold. The third position in this ranking was occupied by Germany, with a 6.6% share.
In value terms, Italy, Austria and Germany appeared to be the largest concrete pump suppliers to Hungary, together accounting for 90% of total imports. The Netherlands lagged somewhat behind, comprising a further 5.9%.
In 2021, the average concrete pump export price amounted to $1,598 per unit, dropping by -69% against the previous year.
In 2021, the average concrete pump import price amounted to $7,300 per unit, which is down by -65.8% against the previous year.

This report provides an in-depth analysis of the concrete pump 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 28131185 - Concrete pumps

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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