Report Update Nov 1, 2024

Hungary - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in Hungary

In 2021, the Hungarian underground continuous-action elevator market decreased by 99.9% to less than $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, showed a drastic downturn. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Underground Continuous-Action Elevator Production in Hungary

In value terms, underground continuous-action elevator production totaled $X in 2021 estimated in export price. Overall, production recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when the production volume increased by 16%. Underground continuous-action elevator production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Underground Continuous-Action Elevator Exports

Exports from Hungary

In 2020, overseas shipments of underground continuous-action elevators and conveyors decreased by -85.6% to X units for the first time since 2017, thus ending a two-year rising trend. Overall, exports showed a sharp descent. The growth pace was the most rapid in 2019 when exports increased by 364%. The exports peaked at X units in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, underground continuous-action elevator exports dropped rapidly to $X in 2020. In general, exports faced a sharp setback. The growth pace was the most rapid in 2019 with an increase of 2,465%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for underground continuous-action elevator exports from Hungary, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for underground continuous-action elevators and conveyors exports from Hungary.

From 2012 to 2020, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

In 2020, the average underground continuous-action elevator export price amounted to $X per unit, reducing by -59.6% against the previous year. In general, the export price, however, continues to indicate measured growth. The pace of growth was the most pronounced in 2019 an increase of 452%. As a result, the export price reached the peak level of $X per unit, and then fell sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2020, the rate of growth in terms of prices for Russia amounted to +19.3% per year.

Underground Continuous-Action Elevator Imports

Imports into Hungary

In 2021, supplies from abroad of underground continuous-action elevators and conveyors decreased by 0% to X units, falling for the third year in a row after three years of decline. In general, imports recorded significant growth. The smallest decline of -79.9% was in 2016. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, underground continuous-action elevator imports totaled $X in 2021. Overall, imports recorded significant growth. The smallest decline of -69.7% was in 2013. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X units) was the main supplier of underground continuous-action elevator to Hungary, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +71.9%.

In value terms, France ($X) constituted the largest supplier of underground continuous-action elevators and conveyors to Hungary.

From 2012 to 2021, the average annual growth rate of value from France totaled +34.8%.

Import Prices by Country

In 2021, the average underground continuous-action elevator import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2019 an increase of 199% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for Slovenia amounted to -14.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 29% share of global consumption. These countries were followed by India, Japan, Italy, Austria, Brazil, Poland, Indonesia, South Korea, Canada and Democratic Republic of the Congo, which together accounted for a further 31%.

What are the largest producers of underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together accounting for 29% of global production. These countries were followed by India, Japan, Poland, the UK, Estonia, Italy, Brazil, South Korea, Canada and Democratic Republic of the Congo, which together accounted for a further 35%.

What are the leading suppliers of underground continuous-action elevators and conveyors to Hungary?

In value terms, Italy constituted the largest supplier of underground continuous-action elevator to Hungary.

What is the average export price for underground continuous-action elevators and conveyors in Hungary?

In 2020, the average underground continuous-action elevator export price amounted to $909 per unit, dropping by -73.6% against the previous year.

What is the average import price for underground continuous-action elevators and conveyors in Hungary?

The average underground continuous-action elevator import price stood at $11,281 per unit in 2018, surging by 8.1% against the previous year.

This report provides an in-depth analysis of the underground continuous-action elevator market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28921100 - Continuous-action elevators and conveyors, for underground use

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023