Hungary: Transmission Apparatus Market 2025

Transmission Apparatus Market Size in Hungary

In 2021, after two years of growth, there was significant decline in the Hungarian transmission apparatus market, when its value decreased by -16.6% to $X. Over the period under review, consumption saw a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Transmission Apparatus Production in Hungary

In value terms, transmission apparatus production reached $X in 2021 estimated in export price. Overall, production faced a abrupt descent. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Transmission Apparatus Exports

Exports from Hungary

In 2021, approx. X tons of transmission apparatus incorporating reception apparatus were exported from Hungary; waning by -16.6% against the previous year. Overall, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2016 with an increase of 35%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, transmission apparatus exports declined sharply to $X in 2021. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 78% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons), Slovakia (X tons) and Germany (X tons) were the main destinations of transmission apparatus exports from Hungary, with a combined 57% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +30.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Serbia ($X) and Germany ($X) appeared to be the largest markets for transmission apparatus exported from Hungary worldwide, together comprising 57% of total exports.

Slovenia, with a CAGR of +38.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average transmission apparatus export price stood at $X per ton in 2021, falling by -4.5% against the previous year. Over the period under review, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 32%. The export price peaked at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Hungary

In 2021, purchases abroad of transmission apparatus incorporating reception apparatus decreased by -11% to X tons, falling for the third year in a row after three years of growth. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 when imports increased by 15%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, transmission apparatus imports dropped to $X in 2021. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 46%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Slovakia (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of transmission apparatus imports to Hungary, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +29.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), the Netherlands ($X) and the Czech Republic ($X) constituted the largest transmission apparatus suppliers to Hungary, with a combined 75% share of total imports.

The Netherlands, with a CAGR of +39.8%, recorded the highest growth rate of 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 transmission apparatus import price stood at $X per ton in 2021, falling by -2.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2020 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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