Report Update Mar 1, 2025

Hungary - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Ecg Market 2025

Ecg Market Size in Hungary

In 2021, the Hungarian ECG market decreased by -8.4% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate strong growth. Over the period under review, the market attained the maximum level at $X in 2020, and then declined in the following year.

Ecg Production in Hungary

In value terms, ECG production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 131% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Ecg Exports

Exports from Hungary

In 2021, approx. X units of electro-cardiographs were exported from Hungary; which is down by -57% compared with the year before. Over the period under review, exports faced a deep downturn. The growth pace was the most rapid in 2016 when exports increased by 139%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, ECG exports plummeted to $X in 2021. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 31%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X units), Romania (X units) and Belgium (X units) were the main destinations of ECG exports from Hungary, with a combined 35% share of total exports. These countries were followed by Italy, Egypt, Serbia, Spain, Uzbekistan, Portugal, Peru, Georgia, Kazakhstan and Bulgaria, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +50.7%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Italy ($X) and Kazakhstan ($X) were the largest markets for ECG exported from Hungary worldwide, together comprising 33% of total exports.

Kazakhstan, with a CAGR of +174.6%, recorded the highest growth rate of 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 ECG export price stood at $X per unit in 2021, jumping by 85% against the previous year. In general, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Georgia ($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 Italy (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ecg Imports

Imports into Hungary

In 2021, purchases abroad of electro-cardiographs decreased by -43.3% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 49% against the previous year. Imports peaked at X units in 2020, and then declined markedly in the following year.

In value terms, ECG imports declined sharply to $X in 2021. In general, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2019 with an increase of 72%. Imports peaked at $X in 2020, and then declined sharply in the following year.

Imports by Country

China (X units), Italy (X units) and Poland (X units) were the main suppliers of ECG imports to Hungary, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +42.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electro-cardiographs to Hungary, comprising 36% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.3% share of total imports. It was followed by Hong Kong SAR, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.8% per year) and Hong Kong SAR (+8.6% per year).

Import Prices by Country

In 2021, the average ECG import price amounted to $X per unit, rising by 7.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 27%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.2%), 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 electro-cardiographs in the world?

Denmark remains the largest ecg consuming country worldwide, accounting for 98% of total volume.

What are the largest producers of electro-cardiographs in the world?

Denmark constituted the country with the largest volume of ecg production, comprising approx. 97% of total volume.

What are the leading suppliers of electro-cardiographs to Hungary?

In value terms, China constituted the largest supplier of ecg to Hungary, comprising 36% of total imports. The second position in the ranking was occupied by the Netherlands, with a 15% share of total imports. It was followed by Finland, with a 9.6% share.

What are the leading importers of electro-cardiographs from Hungary?

In value terms, Tajikistan, Iraq and Belarus appeared to be the largest markets for ecg exported from Hungary worldwide, with a combined 4.9% share of total exports.

What is the average export price for electro-cardiographs in Hungary?

The average ecg export price stood at $118 per unit in 2020, waning by -95.8% against the previous year.

What is the average import price for electro-cardiographs in Hungary?

In 2020, the average ecg import price amounted to $68 per unit, with a decrease of -81.5% against the previous year.

This report provides an in-depth analysis of the ecg 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 26601230 - Electro-cardiographs

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024