Hungary: Lcds And Plasmas Market 2025

Lcds And Plasmas Market Size in Hungary

In 2022, the Hungarian LCDs and plasmas market increased by 54% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a prominent increase. Consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Lcds And Plasmas Production in Hungary

In value terms, LCDs and plasmas production declined to $X in 2022 estimated in export price. In general, production recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 266% against the previous year. Production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Lcds And Plasmas Exports

Exports from Hungary

In 2022, overseas shipments of flat panel video monitor, lcd or plasma were finally on the rise to reach X units after two years of decline. In general, exports enjoyed a prominent increase. The growth pace was the most rapid in 2018 when exports increased by 372%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCDs and plasmas exports expanded sharply to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 330%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), France (X units) and Sweden (X units) were the main destinations of LCDs and plasmas exports from Hungary, together accounting for 58% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +203.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for LCDs and plasmas exported from Hungary were Germany ($X), Sweden ($X) and France ($X), together accounting for 55% of total exports.

Sweden, with a CAGR of +191.1%, 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

In 2022, the average LCDs and plasmas export price amounted to $X per unit, shrinking by -19.7% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, LCDs and plasmas export price decreased by -17.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 53% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Belgium ($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 France (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Hungary

In 2022, the amount of flat panel video monitor, lcd or plasma imported into Hungary reduced markedly to X units, waning by -40% on 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 108%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, LCDs and plasmas imports shrank remarkably to $X in 2022. In general, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 with an increase of 48%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Japan (X units) were the main suppliers of LCDs and plasmas imports to Hungary, together comprising 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +118.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest LCDs and plasmas suppliers to Hungary were Germany ($X), China ($X) and Japan ($X), with a combined 84% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of +67.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, surging by 4.8% against the previous year. Overall, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :