Hungary: Food Sorting Machine Market 2024

Food Sorting Machine Market Size in Hungary

In 2021, the Hungarian food sorting machine market increased by 56% to $X, rising for the third year in a row after four years of decline. In general, consumption showed a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Food Sorting Machine Production in Hungary

In value terms, food sorting machine production shrank slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of 671%. Food sorting machine production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Food Sorting Machine Exports

Exports from Hungary

In 2021, exports of machines for cleaning, sorting or grading eggs and fruit from Hungary contracted dramatically to X units, with a decrease of -78.9% compared with the year before. Overall, exports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 277%. Over the period under review, the exports reached the peak figure at X units in 2020, and then fell markedly in the following year.

In value terms, food sorting machine exports declined dramatically to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 358%. Over the period under review, the exports attained the peak figure at $X in 2020, and then reduced markedly in the following year.

Exports by Country

Germany (X units), Serbia (X units) and Romania (X units) were the main destinations of food sorting machine exports from Hungary, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +45.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for machines for cleaning, sorting or grading eggs and fruit exports from Hungary, comprising 64% of total exports. The second position in the ranking was taken by Romania ($X), with a 24% share of total exports. It was followed by Serbia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-1.6% per year) and Serbia (+39.3% per year).

Export Prices by Country

The average food sorting machine export price stood at $X per unit in 2021, dropping by -14% against the previous year. In general, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2016 an increase of 48%. The export price peaked at $X per unit in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Germany (+1.8%), while the prices for the other major destinations experienced a decline.

Food Sorting Machine Imports

Imports into Hungary

In 2021, imports of machines for cleaning, sorting or grading eggs and fruit into Hungary declined sharply to X units, reducing by -71% compared with 2020 figures. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 357%. Imports peaked at X units in 2020, and then contracted significantly in the following year.

In value terms, food sorting machine imports shrank rapidly to $X in 2021. Over the period under review, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2014 with an increase of 336% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Austria (X units) constituted the largest food sorting machine supplier to Hungary, with a 31% share of total imports. Moreover, food sorting machine imports from Austria exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Germany (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Austria amounted to +33.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+26.6% per year) and Germany (+19.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of machines for cleaning, sorting or grading eggs and fruit to Hungary, comprising 37% of total imports. The second position in the ranking was held by Austria ($X), with an 18% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+29.2% per year) and Italy (+3.9% per year).

Import Prices by Country

In 2021, the average food sorting machine import price amounted to $X per unit, picking up by 61% against the previous year. Over the period under review, the import price, however, showed a deep slump. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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