Hungary: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Hungary

The Hungarian plastic lavatory seat market expanded markedly to $X in 2021, surging by 7.6% against the previous year. Overall, consumption, however, enjoyed buoyant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Plastic Lavatory Seat Production in Hungary

In value terms, plastic lavatory seat production soared to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable curtailment. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Plastic Lavatory Seat Exports

Exports from Hungary

In 2021, the amount of plastic lavatory seats and covers exported from Hungary surged to X units, picking up by 39% compared with 2020 figures. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 67%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, plastic lavatory seat exports surged to $X in 2021. Overall, exports saw a tangible increase. The pace of growth was the most pronounced in 2015 when exports increased by 66%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for plastic lavatory seat exports from Hungary, accounting for a 56% share of total exports. Moreover, plastic lavatory seat exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), fivefold. The third position in this ranking was taken by Romania (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+38.0% per year) and Romania (-10.6% per year).

In value terms, Germany ($X) remains the key foreign market for plastic lavatory seats and covers exports from Hungary, comprising 56% of total exports. The second position in the ranking was held by Belgium ($X), with a 10% share of total exports. It was followed by Romania, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+164.1% per year) and Romania (-13.6% per year).

Export Prices by Country

The average plastic lavatory seat export price stood at $X per unit in 2021, declining by -12.8% against the previous year. Over the period under review, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 18% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Serbia ($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 Egypt (+1.7%), while the prices for the other major destinations experienced a decline.

Plastic Lavatory Seat Imports

Imports into Hungary

In 2021, supplies from abroad of plastic lavatory seats and covers decreased by -2.2% to X units, falling for the second year in a row after five years of growth. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs at X units in 2019; afterwards, it flattened through to 2021.

In value terms, plastic lavatory seat imports rose significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 33%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), China (X units) and Bulgaria (X units) were the main suppliers of plastic lavatory seat imports to Hungary, together comprising 62% of total imports. These countries were followed by Serbia, Poland, the Czech Republic, Slovakia, Denmark, Slovenia, Austria, the Netherlands and Romania, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +109.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic lavatory seat suppliers to Hungary were Germany ($X), Bulgaria ($X) and China ($X), together comprising 54% of total imports. These countries were followed by Denmark, Poland, the Czech Republic, Serbia, the Netherlands, Slovakia, Austria, Slovenia and Romania, which together accounted for a further 38%.

Denmark, with a CAGR of +87.8%, saw 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 lavatory seat import price stood at $X per unit in 2021, growing by 13% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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