Hungary: Invalid Carriage Market 2025

Invalid Carriage Market Size in Hungary

The Hungarian invalid carriage market stood at $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, recorded a sharp decline. The most prominent rate of growth was recorded in 2017 with a decrease of 99.9%. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Invalid Carriage Production in Hungary

In value terms, invalid carriage production amounted to $X in 2022 estimated in export price. Overall, production posted a significant increase. The most prominent rate of growth was recorded in 2017 when the production volume decreased by 99.9%. Over the period under review, production reached the peak level in 2022 and is likely to continue growth in the near future.

Invalid Carriage Exports

Exports from Hungary

In 2022, approx. X units of invalid carriages not mechanically propelled were exported from Hungary; therefore, remained relatively stable against 2021 figures. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, invalid carriage exports amounted to $X in 2022. In general, exports saw significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Ukraine (X units), Serbia (X units) and Kyrgyzstan (X units) were the main destinations of invalid carriage exports from Hungary, with a combined 99% share of total exports.

From 2016 to 2022, the biggest increases were recorded for Serbia (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for invalid carriage exported from Hungary were Ukraine ($X), Kyrgyzstan ($X) and Serbia ($X), together comprising 97% of total exports.

Serbia, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of 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 invalid carriage export price stood at $X per unit in 2022, approximately equating the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+16.7%).

Invalid Carriage Imports

Imports into Hungary

In 2020, overseas purchases of invalid carriages not mechanically propelled decreased by 0% to X units for the first time since 2016, thus ending a three-year declining trend. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 38% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2020, the growth of imports remained at a lower figure.

In value terms, invalid carriage imports amounted to $X in 2020. Overall, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 25% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of invalid carriage to Hungary, with a 89% share of total imports. It was followed by Germany (X units), with a 2.3% share of total imports. The third position in this ranking was held by Hong Kong SAR (X units), with a 2.1% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China amounted to +139.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.8% per year) and Hong Kong SAR (-12.6% per year).

In value terms, China ($X) constituted the largest supplier of invalid carriages not mechanically propelled to Hungary, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with a 25% share of total imports. It was followed by Hong Kong SAR, with an 11% share.

From 2012 to 2020, the average annual rate of growth in terms of value from China amounted to +98.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.3% per year) and Hong Kong SAR (-12.4% per year).

Import Prices by Country

The average invalid carriage import price stood at $X per unit in 2020, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, 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 2020, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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