Report Update Nov 1, 2024

Hungary - Numerically Controlled Drilling Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Hungary

The Hungarian numerically controlled drilling machine market reached $X in 2021, surging by 14% against the previous year. Overall, consumption, however, continues to indicate prominent growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Numerically Controlled Drilling Machines For Working Metal in Hungary

In value terms, numerically controlled drilling machine production skyrocketed to $X in 2021 estimated in export price. In general, production recorded a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 647%. Numerically controlled drilling machine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Hungary

In 2021, exports of numerically controlled drilling machines for working metal from Hungary stood at X tons, remaining stable against the previous year. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 2,438% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, numerically controlled drilling machine exports stood at $X in 2021. Overall, exports showed significant growth. The growth pace was the most rapid in 2016 when exports increased by 3,096%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

China (X tons) was the main destination for numerically controlled drilling machine exports from Hungary, accounting for a 94% share of total exports. Moreover, numerically controlled drilling machine exports to China exceeded the volume sent to the second major destination, Serbia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average numerically controlled drilling machine export price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price posted resilient growth. The growth pace was the most rapid in 2013 when the average export price increased by 64%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Serbia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Hungary

After two years of growth, overseas purchases of numerically controlled drilling machines for working metal decreased by -43.1% to X tons in 2021. In general, imports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2019 when imports increased by 818% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then declined dramatically in the following year.

In value terms, numerically controlled drilling machine imports surged to $X in 2021. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2019 with an increase of 971%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), Austria (X tons) and Croatia (X tons) were the main suppliers of numerically controlled drilling machine imports to Hungary, with a combined 75% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +94.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Austria ($X) and Turkey ($X) were the largest numerically controlled drilling machine suppliers to Hungary, together comprising 90% of total imports.

Austria, with a CAGR of +112.2%, 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

The average numerically controlled drilling machine import price stood at $X per ton in 2021, rising by 273% against the previous year. Over the period under review, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the United States and Taiwan Chinese), together comprising 33% of global consumption.

What are the largest producers of numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the Netherlands and the United States, together accounting for 32% of global production.

What are the leading suppliers of numerically controlled drilling machines for working metal to Hungary?

In value terms, China, Austria and Turkey constituted the largest numerically controlled drilling machine suppliers to Hungary, with a combined 90% share of total imports.

What is the average export price for numerically controlled drilling machines for working metal in Hungary?

The average numerically controlled drilling machine export price stood at $25,840 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for numerically controlled drilling machines for working metal in Hungary?

The average numerically controlled drilling machine import price stood at $9,534 per ton in 2021, dropping by -14.1% against the previous year.

This report provides an in-depth analysis of the market for numerically controlled drilling machine in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023