Hungary: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Hungary

In 2020, after two years of growth, there was significant decline in the Hungarian market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, when its value decreased by -X% to $X. Overall, consumption, however, saw a strong expansion. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Consumption peaked at $X in 2019, and then dropped markedly in the following year.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Hungary

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced dramatically to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Hungary

In 2020, shipments abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses was finally on the rise to reach X square meters for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X square meters in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted to $X in 2020. Overall, total exports indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X square meters), Belgium (X square meters) and Slovakia (X square meters) were the main destinations of exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Hungary, together comprising X% of total exports. These countries were followed by France, the Czech Republic, Romania and Finland, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Slovakia (+X% per year).

Export Prices by Country

In 2020, the average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per square meter in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Romania ($X per square meter), while the average price for exports to Belgium ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced a decline.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Hungary

In 2020, after seven years of growth, there was significant decline in purchases abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, when their volume decreased by -X% to X square meters. In general, imports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked at X square meters in 2019, and then dropped markedly in the following year.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank significantly to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2019, and then declined notably in the following year.

Imports by Country

China (X square meters), Italy (X square meters) and Poland (X square meters) were the main suppliers of imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Hungary, together comprising X% of total imports. These countries were followed by Turkey, Germany, Romania, Belgium, Ireland and the Czech Republic, which together accounted for a further X 2007 to 2020, the biggest increases were in Romania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and China ($X) appeared to be the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Hungary, together comprising X% of total imports. Romania, Italy, Turkey, Belgium, the Czech Republic and Ireland lagged somewhat behind, together accounting for a further X the main suppliers, Romania (+X% per year) saw 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 2020, the average import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. Over the period under review, average import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :