Report Update Nov 1, 2024

Hungary - Positive Displacement Pumps and Hand Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Hungary

After two years of decline, the Hungarian positive displacement pump market increased by 40% to $X in 2021. In general, consumption posted significant growth. Positive displacement pump consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Positive Displacement Pump Exports

Exports from Hungary

In 2021, approx. X units of positive displacement pumps and hand pumps were exported from Hungary; increasing by 38% against 2020. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 101%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, positive displacement pump exports surged to $X in 2021. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2016 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for positive displacement pump exports from Hungary, accounting for a 42% share of total exports. Moreover, positive displacement pump exports to Italy exceeded the volume sent to the second major destination, Afghanistan (X units), threefold. Slovenia (X units) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +64.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (0.0% per year) and Slovenia (+48.2% per year).

In value terms, Poland ($X) remains the key foreign market for positive displacement pumps and hand pumps exports from Hungary, comprising 36% of total exports. The second position in the ranking was held by Italy ($X), with a 14% share of total exports. It was followed by Romania, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland amounted to +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+27.2% per year) and Romania (+23.7% per year).

Export Prices by Country

In 2021, the average positive displacement pump export price amounted to $X per unit, shrinking by -12.4% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 50%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to Jordan (less than $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 Romania (+14.9%), while the prices for the other major destinations experienced a decline.

Positive Displacement Pump Imports

Imports into Hungary

In 2021, purchases abroad of positive displacement pumps and hand pumps was finally on the rise to reach X units after two years of decline. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 685%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, positive displacement pump imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 207%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Denmark (X units) were the main suppliers of positive displacement pump imports to Hungary, with a combined 85% 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 Denmark (with a CAGR of +271.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Denmark ($X) and the Netherlands ($X) constituted the largest positive displacement pump suppliers to Hungary, with a combined 78% share of total imports.

Among the main suppliers, Denmark, with a CAGR of +162.3%, recorded the highest growth rate of 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 positive displacement pump import price amounted to $X per unit, shrinking by -4% against the previous year. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 23%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per unit), while the price for Germany (less than $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 (-17.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for positive displacement pumps and hand pumps in the world?

The countries with the highest volumes of in 2021 were South Africa, the United States and Mexico, with a combined 58% share of global consumption.

What are the largest producers of positive displacement pumps and hand pumps in the world?

The country with the largest volume of positive displacement pump production was China, accounting for 75% of total volume. Moreover, positive displacement pump production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. Spain ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of positive displacement pumps and hand pumps to Hungary?

In value terms, the largest positive displacement pump suppliers to Hungary were China, Denmark and the Netherlands, with a combined 78% share of total imports.

What are the leading importers of positive displacement pumps and hand pumps from Hungary?

In value terms, Poland remains the key foreign market for positive displacement pump exports from Hungary, comprising 36% of total exports. The second position in the ranking was occupied by Italy, with a 14% share of total exports. It was followed by Austria, with a 3.8% share.

What is the average export price for positive displacement pumps and hand pumps in Hungary?

The average positive displacement pump export price stood at $0.7 per unit in 2021, jumping by 52% against the previous year.

What is the average import price for positive displacement pumps and hand pumps in Hungary?

In 2021, the average positive displacement pump import price amounted to $0.1 per unit, increasing by 4.2% against the previous year.

This report provides an in-depth analysis of the positive displacement pump market 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 28131145 - Positive displacement pumps, hand pumps

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