Hungary - Household Dishwashing Machines - Market Analysis, Forecast, Size, Trends and Insights
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Household Dishwashing Machine Market Size in Hungary
In 2022, the Hungarian household dishwashing machine market decreased by -1.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a buoyant expansion. Household dishwashing machine consumption peaked at $X in 2021, and then shrank modestly in the following year.
Household Dishwashing Machine Exports
Exports from Hungary
In 2022, after four years of growth, there was significant decline in overseas shipments of household dishwashing machines, when their volume decreased by -52.4% to X units. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 54%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
In value terms, household dishwashing machine exports declined to $X in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports by Country
Poland (X units), Kazakhstan (X units) and Slovakia (X units) were the main destinations of household dishwashing machine exports from Hungary, together accounting for 65% of total exports. Greece, Croatia, Turkey, the Czech Republic, Ukraine, Romania and Bulgaria lagged somewhat behind, together accounting for a further 27%.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +19.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Kazakhstan ($X) emerged as the key foreign market for household dishwashing machines exports from Hungary, comprising 47% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports. It was followed by Slovakia, with a 12% share.
From 2012 to 2022, the average annual growth rate of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+9.5% per year) and Slovakia (-6.3% per year).
Export Prices by Country
In 2022, the average household dishwashing machine export price amounted to $X per unit, increasing by 82% against the previous year. Overall, the export price, however, recorded a mild decline. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Turkey ($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 Bulgaria (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Household Dishwashing Machine Imports
Imports into Hungary
After ten years of growth, purchases abroad of household dishwashing machines decreased by -9.3% to X units in 2022. In general, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of X units, and then contracted in the following year.
In value terms, household dishwashing machine imports shrank to $X in 2022. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.
Imports by Country
In 2022, Poland (X units) constituted the largest household dishwashing machine supplier to Hungary, with a 46% share of total imports. Moreover, household dishwashing machine imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. China (X units) ranked third in terms of total imports with a 12% share.
From 2012 to 2022, the average annual growth rate of volume from Poland stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+20.1% per year) and China (+8.8% per year).
In value terms, Poland ($X) constituted the largest supplier of household dishwashing machines to Hungary, comprising 45% of total imports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total imports. It was followed by China, with a 9.9% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.5% per year) and China (+9.4% per year).
Import Prices by Country
In 2022, the average household dishwashing machine import price amounted to $X per unit, increasing by 5.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 7.1% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($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 Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the household dishwashing machine 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 27511200 - Household dishwashing machines
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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