Hungary: Electric Brazing Machine Market 2025

Electric Brazing Machine Market Size in Hungary

The Hungarian electric brazing machine market skyrocketed to $X in 2022, increasing by 72% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Brazing Machine Exports

Exports from Hungary

In 2022, shipments abroad of electric brazing or soldering machines and apparatus decreased by -49.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw a strong increase. The growth pace was the most rapid in 2021 with an increase of 250%. As a result, the exports attained the peak of X units, and then dropped sharply in the following year.

In value terms, electric brazing machine exports reduced markedly to $X in 2022. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 257% against the previous year. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

The United States (X units), China (X units) and Ukraine (X units) were the main destinations of electric brazing machine exports from Hungary, with a combined 65% share of total exports. Croatia, Germany, Poland and Moldova lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +162.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Ukraine ($X) and Poland ($X) constituted the largest markets for electric brazing machine exported from Hungary worldwide, with a combined 61% share of total exports. The United States, Croatia, Germany and Moldova lagged somewhat behind, together accounting for a further 35%.

Croatia, with a CAGR of +254.4%, 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

The average electric brazing machine export price stood at $X per unit in 2022, with an increase of 2.4% against the previous year. In general, the export price, however, recorded a mild descent. The pace of growth appeared the most rapid in 2016 an increase of 206%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Moldova ($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 Croatia (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Hungary

In 2022, purchases abroad of electric brazing or soldering machines and apparatus increased by 22% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 123%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, electric brazing machine imports surged to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 103%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest electric brazing machine supplier to Hungary, accounting for a 53% share of total imports. Moreover, electric brazing machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Hong Kong SAR (X units) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.9% per year) and Hong Kong SAR (-1.6% per year).

In value terms, Germany ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Hungary, comprising 74% of total imports. The second position in the ranking was held by China ($X), with a 7.4% share of total imports. It was followed by Hong Kong SAR, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.0% per year) and Hong Kong SAR (-1.4% per year).

Import Prices by Country

In 2022, the average electric brazing machine import price amounted to $X per unit, picking up by 7.3% against the previous year. Overall, the import price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of 42%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :