Hungary: Market for Snow-Ploughs And Snow-Blowers 2025

Market Size for Snow-Ploughs And Snow-Blowers in Hungary

After two years of growth, the Hungarian snow ploughs and blowers market decreased by -2.3% to $X in 2022. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +30.2% against 2017 indices. Snow ploughs and blowers consumption peaked at $X in 2021, and then fell in the following year.

Production of Snow-Ploughs And Snow-Blowers in Hungary

In value terms, snow ploughs and blowers production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 7.7%. Snow ploughs and blowers production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Hungary

In 2022, shipments abroad of snow-ploughs and snow-blowers increased by 40% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2019 when exports increased by 129% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, snow ploughs and blowers exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of 100% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X units), Germany (X units) and Switzerland (X units) were the main destinations of snow ploughs and blowers exports from Hungary, with a combined 82% share of total exports. China, Slovenia, Canada, Ukraine and Russia lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of -6.4%), while the other leaders experienced a decline.

In value terms, Austria ($X) remains the key foreign market for snow-ploughs and snow-blowers exports from Hungary, comprising 38% of total exports. The second position in the ranking was held by Switzerland ($X), with an 18% share of total exports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to -8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-18.9% per year) and Germany (-18.8% per year).

Export Prices by Country

In 2022, the average snow ploughs and blowers export price amounted to $X per unit, surging by 27% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Hungary

In 2022, supplies from abroad of snow-ploughs and snow-blowers was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, snow ploughs and blowers imports skyrocketed to $X in 2022. Overall, imports recorded moderate growth. The pace of growth appeared the most rapid in 2013 with an increase of 142% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest snow ploughs and blowers supplier to Hungary, accounting for a 59% share of total imports. Moreover, snow ploughs and blowers imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), fourfold. The third position in this ranking was taken by Sweden (X units), with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+25.1% per year) and Sweden (-6.1% per year).

In value terms, Belgium ($X) constituted the largest supplier of snow-ploughs and snow-blowers to Hungary, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports. It was followed by Japan, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +37.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.0% per year) and Japan (+16.9% per year).

Import Prices by Country

The average snow ploughs and blowers import price stood at $X per unit in 2022, which is down by -29.1% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+72.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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