Hungary: Market for Printers, Copying Machines And Facsimile Machines 2025

Market Size for Printers, Copying Machines And Facsimile Machines in Hungary

In 2021, the Hungarian printers and copying machines market increased by 11% to $X, rising for the fourth consecutive year after three years of decline. Overall, consumption, however, saw a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Printers, Copying Machines And Facsimile Machines in Hungary

In value terms, printers and copying machines production reached $X in 2021 estimated in export price. Over the period under review, production saw a abrupt decrease. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Hungary

In 2021, overseas shipments of printers, copying machines and facsimile machines increased by 16% to X units, rising for the second consecutive year after four years of decline. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 210%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, printers and copying machines exports shrank to $X in 2021. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 145% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X units), Germany (X units) and Spain (X units) were the main destinations of printers and copying machines exports from Hungary, with a combined 26% share of total exports. The Czech Republic, Slovakia, Austria, Turkey, Romania, Sweden, Ukraine, Ireland, Uzbekistan and Israel lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +245.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for printers and copying machines exported from Hungary were Turkey ($X), the Czech Republic ($X) and Poland ($X), with a combined 32% share of total exports. Ukraine, Austria, Germany, Spain, Romania, Ireland, Sweden, Slovakia, Israel and Uzbekistan lagged somewhat behind, together comprising a further 32%.

Among the main countries of destination, Uzbekistan, with a CAGR of +147.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2021, shrinking by -26.7% against the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Turkey ($X per unit), while the average price for exports to Slovakia ($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 the Czech Republic (-4.9%), while the prices for the other major destinations experienced a decline.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Hungary

In 2021, printers and copying machines imports into Hungary soared to X units, rising by 24% compared with the year before. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 115%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, printers and copying machines imports declined to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +31.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 63%. Imports peaked at $X in 2020, and then fell modestly in the following year.

Imports by Country

Indonesia (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of printers and copying machines imports to Hungary, together accounting for 63% of total imports. Vietnam, China, Slovakia, Poland, Singapore and France lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +241.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest printers and copying machines suppliers to Hungary were the Netherlands ($X), Germany ($X) and Indonesia ($X), with a combined 75% share of total imports. China, Poland, Singapore, Slovakia, Vietnam and France lagged somewhat behind, together accounting for a further 15%.

Vietnam, with a CAGR of +158.7%, saw 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 printers and copying machines import price stood at $X per unit in 2021, with a decrease of -21.9% against the previous year. In general, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 36%. Over the period under review, average import prices reached the peak figure 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 the Netherlands ($X per unit), while the price for Vietnam ($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 (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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