Report Update Mar 1, 2025

Hungary - Endless Bands for Machinery, of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in Hungary

In 2021, the Hungarian endless machinery band market increased by 326% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption showed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Endless Machinery Band Production in Hungary

In value terms, endless machinery band production totaled $X in 2021 estimated in export price. Overall, production, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 35%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Endless Machinery Band Exports

Exports from Hungary

In 2021, after two years of growth, there was significant decline in shipments abroad of endless bands for machinery, of stainless steel, when their volume decreased by -13.6% to X square meters. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 233% against the previous year. Over the period under review, the exports reached the peak figure at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, endless machinery band exports declined to $X in 2021. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 323%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Serbia (X square meters) was the main destination for endless machinery band exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia stood at +22.1%.

In value terms, Serbia ($X) also remains the key foreign market for endless machinery band exports from Hungary.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia totaled +11.6%.

Export Prices by Country

The average endless machinery band export price stood at $X per square meter in 2021, with an increase of 4.1% against the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, endless machinery band export price increased by +15.5% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 54% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2021, the rate of growth in terms of prices for Romania amounted to +1.5% per year.

Endless Machinery Band Imports

Imports into Hungary

For the fifth consecutive year, Hungary recorded growth in purchases abroad of endless bands for machinery, of stainless steel, which increased by 482% to X square meters in 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, endless machinery band imports skyrocketed to $X in 2021. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 226%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Belgium (X square meters) was the main endless machinery band supplier to Hungary, with a 94% share of total imports. It was followed by Italy (X square meters), with a 3.1% share of total imports. China (X square meters) ranked third in terms of total imports with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +116.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+47.1% per year) and China (+14.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of endless machinery band to Hungary, comprising 63% of total imports. The second position in the ranking was taken by Italy ($X), with a 9% share of total imports. It was followed by China, with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +56.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+45.8% per year) and China (+14.4% per year).

Import Prices by Country

In 2021, the average endless machinery band import price amounted to $X per square meter, reducing by -45.2% against the previous year. In general, the import price saw a sharp descent. The pace of growth was the most pronounced in 2013 an increase of 52%. As a result, import price reached the peak level of $X per square meter. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for endless bands for machinery, of stainless steel in the world?

The country with the largest volume of endless machinery band consumption was Romania, accounting for 50% of total volume. Moreover, endless machinery band consumption in Romania exceeded the figures recorded by the second-largest consumer, Germany, fourfold. The third position in this ranking was occupied by France, with a 6.5% share.

What are the largest producers of endless bands for machinery, of stainless steel in the world?

The country with the largest volume of endless machinery band production was Romania, accounting for 48% of total volume. Moreover, endless machinery band production in Romania exceeded the figures recorded by the second-largest producer, Germany, fourfold. The third position in this ranking was occupied by South Africa, with a 7.2% share.

What are the leading suppliers of endless bands for machinery, of stainless steel to Hungary?

In value terms, Belgium constituted the largest supplier of endless machinery band to Hungary, comprising 61% of total imports. The second position in the ranking was occupied by Germany, with a 15% share of total imports. It was followed by Italy, with an 11% share.

What are the leading importers of endless bands for machinery, of stainless steel from Hungary?

In value terms, Serbia remains the key foreign market for endless machinery band exports from Hungary.

What is the average export price for endless bands for machinery, of stainless steel in Hungary?

The average endless machinery band export price stood at $7.9 per square meter in 2021, shrinking by -24.7% against the previous year.

What is the average import price for endless bands for machinery, of stainless steel in Hungary?

The average endless machinery band import price stood at $28 per square meter in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel

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