Hungary: Signal Generator Market 2024

Signal Generator Market Size in Hungary

The Hungarian signal generator market reduced remarkably to $X in 2021, dropping by -39.2% against the previous year. In general, consumption continues to indicate a abrupt downturn. Signal generator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Signal Generator Production in Hungary

In value terms, signal generator production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2013 with an increase of 25% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Signal Generator Exports

Exports from Hungary

In 2021, overseas shipments of signal generators decreased by -12.3% to X units, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 144% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, signal generator exports expanded markedly to $X in 2021. Overall, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 159% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Poland (X units), Belgium (X units) and Germany (X units) were the main destinations of signal generator exports from Hungary, together accounting for 28% of total exports. These countries were followed by the United States, the Netherlands, Lithuania, Canada, Finland, Slovakia, Romania, Hong Kong SAR, Sweden and Slovenia, which together accounted for a further 47%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +149.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest markets for signal generator exported from Hungary worldwide, together comprising 28% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +169.4%, saw the highest rates of growth with regard to 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 signal generator export price stood at $X per unit in 2021, picking up by 30% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2020 an increase of 49% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the average price for exports to Belgium ($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 Finland (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.

Signal Generator Imports

Imports into Hungary

Signal generator imports into Hungary fell significantly to X units in 2021, dropping by -45.3% compared with the year before. Over the period under review, imports showed a perceptible decrease. The growth pace was the most rapid in 2014 with an increase of 94%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, signal generator imports reduced remarkably to $X in 2021. Overall, imports recorded a noticeable decline. The growth pace was the most rapid in 2020 when imports increased by 80%. As a result, imports attained the peak of $X, and then contracted dramatically in the following year.

Imports by Country

Slovakia (X units), Belgium (X units) and Germany (X units) were the main suppliers of signal generator imports to Hungary, with a combined 54% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +114.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest signal generator suppliers to Hungary were Germany ($X), the United States ($X) and Slovakia ($X), together accounting for 43% of total imports.

Slovakia, with a CAGR of +81.7%, 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 signal generator import price stood at $X per unit in 2021, jumping by 15% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 58%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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