Hungary: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2025

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Hungary

In 2021, the Hungarian digital data processing machine market decreased by -11.6% to $X, falling for the second consecutive year after eight years of growth. Over the period under review, consumption, however, continues to indicate significant growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Hungary

In value terms, digital data processing machine production stood at $X in 2021 estimated in export price. Overall, production saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 74%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Hungary

In 2021, approx. X units of digital data processing machines: presented in the form of systems were exported from Hungary; waning by -38.5% compared with 2020. Over the period under review, exports saw a mild curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 302% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, digital data processing machine exports shrank remarkably to $X in 2021. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2016 when exports increased by 191%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X units), France (X units) and Slovakia (X units) were the main destinations of digital data processing machine exports from Hungary, with a combined 44% share of total exports. The Czech Republic, Germany, Romania, Greece, the UK, Spain, the Netherlands, Italy, Croatia and Sweden lagged somewhat behind, together comprising a further 48%.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +106.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for digital data processing machine exported from Hungary were France ($X), Poland ($X) and Germany ($X), together comprising 39% of total exports. These countries were followed by Slovakia, the Czech Republic, Italy, the UK, the Netherlands, Romania, Spain, Greece, Sweden and Croatia, which together accounted for a further 33%.

In terms of the main countries of destination, Slovakia, with a CAGR of +37.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, surging by 32% against the previous year. Over the period under review, the export price, however, showed a deep setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 98%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Hungary

In 2021, supplies from abroad of digital data processing machines: presented in the form of systems decreased by -12.3% to X units, falling for the second consecutive year after six years of growth. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 1,680% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, digital data processing machine imports fell modestly to $X in 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 28%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

France (X units), Slovakia (X units) and the Czech Republic (X units) were the main suppliers of digital data processing machine imports to Hungary, together comprising 80% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +115.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of digital data processing machines: presented in the form of systems to Hungary, comprising 63% of total imports. The second position in the ranking was taken by Slovakia ($X), with a 9.1% share of total imports. It was followed by Germany, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from France stood at +37.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+5.9% per year) and Germany (+7.5% per year).

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, picking up by 10% against the previous year. Overall, the import price, however, showed a sharp curtailment. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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