Hungary: Coin Game Market 2024

Coin Game Market Size in Hungary

In 2022, after two years of decline, there was significant growth in the Hungarian coin game market, when its value increased by 25% to $X. Over the period under review, consumption posted strong growth. Coin game consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Coin Game Production in Hungary

In value terms, coin game production reduced to $X in 2022 estimated in export price. Overall, production faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%. Coin game production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Coin Game Exports

Exports from Hungary

In 2022, after two years of decline, there was significant growth in overseas shipments of games operated by coins, banknotes or discs, when their volume increased by 110% to X units. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 134% against the previous year. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, coin game exports surged to $X in 2022. Over the period under review, exports recorded mild growth. The growth pace was the most rapid in 2015 with an increase of 125%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for coin game exports from Hungary, accounting for a 31% share of total exports. Moreover, coin game exports to Germany exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by Belgium (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +50.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+117.2% per year) and Belgium (+99.2% per year).

In value terms, the largest markets for coin game exported from Hungary were Austria ($X), Germany ($X) and Romania ($X), with a combined 62% share of total exports.

Germany, with a CAGR of +353.5%, 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 coin game export price stood at $X per unit in 2022, with a decrease of -30.9% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the United Arab Emirates ($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 Germany (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Game Imports

Imports into Hungary

In 2022, the amount of games operated by coins, banknotes or discs imported into Hungary skyrocketed to X units, increasing by 52% compared with 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, coin game imports skyrocketed to $X in 2022. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 148% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Croatia (X units), Poland (X units) and Serbia (X units) were the main suppliers of coin game imports to Hungary, with a combined 69% share of total imports. China, Austria, Bulgaria, the Netherlands, Slovakia, Germany and France lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +86.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coin game suppliers to Hungary were Austria ($X), Bulgaria ($X) and the Netherlands ($X), with a combined 74% share of total imports.

In terms of the main suppliers, Bulgaria, with a CAGR of +111.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average coin game import price amounted to $X per unit, rising by 45% against the previous year. Overall, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 176% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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