Hungary: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in Hungary

The Hungarian insulated coaxial cables market fell remarkably to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2020, the growth of the market failed to regain the momentum.

Insulated Coaxial Cables Production in Hungary

In value terms, insulated coaxial cables production totaled $X in 2020 estimated in export prices. In general, production posted a buoyant increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.

Insulated Coaxial Cables Exports

Exports from Hungary

In 2020, insulated coaxial cables exports from Hungary contracted to X tons, dropping by -X% on the previous year. Overall, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at X tons in 2019, and then reduced in the following year.

In value terms, insulated coaxial cables exports declined significantly to $X in 2020. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at $X in 2019, and then dropped significantly in the following year.

Exports by Country

Austria (X tons), Germany (X tons) and Ukraine (X tons) were the main destinations of insulated coaxial cables exports from Hungary, with a combined X% share of total exports. Serbia, Romania, Macedonia, Sweden, Spain, the Netherlands, the U.S., China, Italy and Slovakia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for insulated coaxial cables exported from Hungary were Germany ($X), Serbia ($X) and Ukraine ($X), with a combined X% share of total exports. These countries were followed by the U.S., Austria, Macedonia, Romania, China, Sweden, Spain, the Netherlands, Italy and Slovakia, which together accounted for a further X the main countries of destination, Spain (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average insulated coaxial cables export price amounted to $X per ton, reducing by -X% against the previous year. Overall, export price indicated a moderate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, insulated coaxial cables export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Serbia ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced more modest paces of growth.

Insulated Coaxial Cables Imports

Imports into Hungary

Insulated coaxial cables imports into Hungary declined significantly to X tons in 2020, which is down by -X% against the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. From 2018 to 2020, the growth imports remained at a lower figure.

In value terms, insulated coaxial cables imports shrank dramatically to $X in 2020. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2018 to 2020, the growth imports remained at a lower figure.

Imports by Country

Germany (X tons), Austria (X tons) and China (X tons) were the main suppliers of insulated coaxial cables imports to Hungary, together comprising X% of total imports. The Czech Republic, Slovakia, Switzerland and Greece lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and China ($X) appeared to be the largest insulated coaxial cables suppliers to Hungary, together comprising X% of total imports. These countries were followed by Austria, Slovakia, Greece and Switzerland, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average insulated coaxial cables import price stood at $X per ton in 2020, declining by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Czech Republic ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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