Hungary: Microscope Market 2025

Microscope Market Size in Hungary

In 2021, the Hungarian microscope market decreased by -65.8% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, saw a notable expansion. Over the period under review, the market attained the maximum level at $X in 2020, and then declined rapidly in the following year.

Microscope Production in Hungary

In value terms, microscope production amounted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Microscope Exports

Exports from Hungary

In 2021, overseas shipments of microscopes and diffraction apparatus increased by 105% to X units, rising for the second consecutive year after two years of decline. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,275% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, microscope exports contracted notably to $X in 2021. Overall, exports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2015 when exports increased by 11,328% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted sharply in the following year.

Exports by Country

Austria (X units) was the main destination for microscope exports from Hungary, accounting for a 69% share of total exports. Moreover, microscope exports to Austria exceeded the volume sent to the second major destination, Italy (X units), fourfold. Romania (X units) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to Austria totaled +139.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+132.5% per year) and Romania (+149.9% per year).

In value terms, Romania ($X), Italy ($X) and Austria ($X) appeared to be the largest markets for microscope exported from Hungary worldwide, together accounting for 77% of total exports. China and Croatia lagged somewhat behind, together comprising a further 21%.

Croatia, with a CAGR of +40,929.1%, recorded the highest growth rate of the value of exports, among 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 2021, the average microscope export price amounted to $X per unit, which is down by -75.7% against the previous year. Overall, the export price faced a precipitous decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 728%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per unit), while the average price for exports to Austria ($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 Croatia (+229.8%), while the prices for the other major destinations experienced more modest paces of growth.

Microscope Imports

Imports into Hungary

In 2021, overseas purchases of microscopes and diffraction apparatus decreased by -70.3% to X units for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 219%. Imports peaked at X units in 2020, and then contracted dramatically in the following year.

In value terms, microscope imports dropped significantly to $X in 2021. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 270%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Slovenia (X units), Italy (X units) and Japan (X units) were the main suppliers of microscope imports to Hungary, with a combined 70% share of total imports. These countries were followed by Croatia, France, Germany, the Czech Republic, China and the Netherlands, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +48.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest microscope suppliers to Hungary were France ($X), Japan ($X) and Germany ($X), with a combined 79% share of total imports. The Czech Republic, Croatia, Italy, the Netherlands, Slovenia and China lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Italy, with a CAGR of +111.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average microscope import price amounted to $X per unit, growing by 63% against the previous year. In general, the import price, however, saw a abrupt setback. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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