Hungary: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Hungary

The Hungarian plastic sanitary ware market shrank to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Plastic sanitary ware consumption peaked at $X in 2021, and then shrank in the following year.

Plastic Sanitary Ware Production in Hungary

In value terms, plastic sanitary ware production declined dramatically to $X in 2022 estimated in export price. Overall, production, however, showed a slight expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Plastic Sanitary Ware Exports

Exports from Hungary

In 2022, shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a pronounced slump. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic sanitary ware exports dropped to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X units), the Czech Republic (X units) and Romania (X units) were the main destinations of plastic sanitary ware exports from Hungary, together accounting for X% of total exports. Slovakia, Croatia, the Netherlands, Israel, France, Belgium, Bosnia and Herzegovina, the United States, Egypt and North Macedonia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the Netherlands ($X) and France ($X) constituted the largest markets for plastic sanitary ware exported from Hungary worldwide, with a combined X% share of total exports. Romania, Germany, the United States, Slovakia, Croatia, Israel, Bosnia and Herzegovina, North Macedonia, Belgium and Egypt lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average plastic sanitary ware export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic sanitary ware export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 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 France ($X per unit), while the average price for exports to Egypt ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Sanitary Ware Imports

Imports into Hungary

In 2022, the amount of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware imported into Hungary fell modestly to X units, shrinking by X% against the previous year. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then fell modestly in the following year.

In value terms, plastic sanitary ware imports reduced to $X in 2022. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of plastic sanitary ware to Hungary, with a X% share of total imports. Moreover, plastic sanitary ware imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Slovenia (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Slovenia (X% per year).

In value terms, the largest plastic sanitary ware suppliers to Hungary were Germany ($X), the Czech Republic ($X) and Poland ($X), together comprising X% of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 plastic sanitary ware import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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