Hungary: Metal Gas Appliances Market 2025

Metal Gas Appliances Market Size in Hungary

In 2022, the Hungarian metal gas appliances market increased by 0.2% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, continues to indicate a deep slump. Metal gas appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Gas Appliances Production in Hungary

In value terms, metal gas appliances production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 31% against the previous year. Metal gas appliances production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Gas Appliances Exports

Exports from Hungary

In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel gas domestic appliances, when their volume decreased by -26% to X units. Over the period under review, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal gas appliances exports fell markedly to $X in 2022. In general, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Serbia (X units), the UK (X units) and Romania (X units) were the main destinations of metal gas appliances exports from Hungary, together accounting for 87% of total exports. Slovenia, Greece, Slovakia and Ukraine lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +55.0%), while the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), the UK ($X) and Romania ($X) were the largest markets for metal gas appliances exported from Hungary worldwide, with a combined 80% share of total exports. Slovenia, Greece, Slovakia and Ukraine lagged somewhat behind, together accounting for a further 19%.

Slovenia, with a CAGR of +53.6%, 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

In 2022, the average metal gas appliances export price amounted to $X per unit, which is down by -9.1% against the previous year. Overall, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Serbia ($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 Russia (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Gas Appliances Imports

Imports into Hungary

In 2022, approx. X units of iron or steel gas domestic appliances were imported into Hungary; with an increase of 2.7% against the year before. Overall, imports posted perceptible growth. The growth pace was the most rapid in 2021 with an increase of 65%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, metal gas appliances imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest metal gas appliances supplier to Hungary, with a 58% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. Germany (X units) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.1% per year) and Germany (-4.8% per year).

In value terms, Turkey ($X), China ($X) and Germany ($X) were the largest metal gas appliances suppliers to Hungary, with a combined 72% share of total imports. Italy, the Netherlands and Romania lagged somewhat behind, together comprising a further 11%.

The Netherlands, with a CAGR of +20.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 metal gas appliances import price amounted to $X per unit, falling by -13.7% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 5.7%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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