Hungary: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in Hungary

The Hungarian liquid supply meter market fell dramatically to $X in 2021, which is down by -21.3% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Liquid Supply Meter Production in Hungary

In value terms, liquid supply meter production shrank modestly to $X in 2021 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.2% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 68% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted modestly in the following year.

Liquid Supply Meter Exports

Exports from Hungary

In 2021, approx. X units of liquid supply or production meters were exported from Hungary; increasing by 25% against 2020. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 612%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, liquid supply meter exports shrank to $X in 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 237%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for liquid supply meter exports from Hungary, accounting for a 73% share of total exports. Moreover, liquid supply meter exports to France exceeded the volume sent to the second major destination, Austria (X units), fourfold. Slovakia (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +127.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+21.4% per year) and Slovakia (+104.7% per year).

In value terms, France ($X) emerged as the key foreign market for liquid supply or production meters exports from Hungary, comprising 53% of total exports. The second position in the ranking was held by Austria ($X), with a 17% share of total exports. It was followed by Slovakia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +138.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+16.0% per year) and Slovakia (+100.4% per year).

Export Prices by Country

The average liquid supply meter export price stood at $X per unit in 2021, dropping by -20.5% against the previous year. Over the period under review, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 39%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average 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 Slovakia ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Liquid Supply Meter Imports

Imports into Hungary

In 2021, purchases abroad of liquid supply or production meters decreased by -0.7% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 64%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, liquid supply meter imports expanded significantly to $X in 2021. Overall, imports, however, showed a mild increase. The most prominent rate of growth was recorded in 2015 when imports increased by 133% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of liquid supply meter to Hungary, accounting for a 71% share of total imports. Moreover, liquid supply meter imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and China (+8.6% per year).

In value terms, Italy ($X) constituted the largest supplier of liquid supply or production meters to Hungary, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.0% per year) and China (+16.4% per year).

Import Prices by Country

The average liquid supply meter import price stood at $X per unit in 2021, rising by 7.5% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 42%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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