Report Update: May 1, 2024

Hungary - Machine-Tools For Working Stone, Ceramics, And Concrete - Market Analysis, Forecast, Size, Trends And Insights

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Price for Machine Tools for Working Stone in Hungary - 2023

Price for Machine Tools for Working Stone in Hungary (CIF) - 2023

In August 2023, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $289 per unit, jumping by 22% against the previous month. In general, the import price saw pronounced growth. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 222% month-to-month. As a result, import price reached the peak level of $646 per unit. From November 2022 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($483 per unit), while the price for Poland ($123 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine Tools for Working Stone in Hungary (FOB) - 2022

The average export price for machine-tools for working stone, ceramics, and concrete stood at $190 per unit in 2022, with a decrease of -3.5% against the previous year. Overall, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 74% against the previous year. As a result, the export price reached the peak level of $235 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($254 per unit), while the average price for exports to Romania ($131 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 Luxembourg (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tools for Working Stone in Hungary

In 2022, the amount of machine-tools for working stone, ceramics, and concrete imported into Hungary amounted to 20K units, approximately reflecting 2021. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. As a result, imports reached the peak of 62K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, machine tools for working stone imports shrank remarkably to $4.4M in 2022. In general, imports, however, recorded a sharp downturn. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Machine Tools for Working Stone in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	4.9	0.5	0.2	2.0	-25.8%
Italy	1.6	0.1	1.3	1.1	-11.7%
Germany	0.5	2.7	1.5	0.6	6.3%
China	0.1	11.0	0.2	0.2	26.0%
Australia	N/A	N/A	N/A	0.1	0%
Switzerland	5.4	N/A	N/A	N/A	0%
Others	0.4	0.5	2.3	0.3	-9.1%
Total	12.8	14.8	5.5	4.4	-29.9%

Top Suppliers of Machine Tools for Working Stone to Hungary in 2022:

Austria (8.8K units)
Italy (5.8K units)
Germany (3.1K units)
Australia (0.7K units)
China (0.5K units)

Exports of Machine Tools for Working Stone in Hungary

In 2022, machine tools for working stone exports from Hungary declined dramatically to 11K units, dropping by -31.1% compared with the previous year. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 23%. As a result, the exports reached the peak of 16K units, and then shrank sharply in the following year.

In value terms, machine tools for working stone exports declined notably to $2.1M in 2022. In general, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports reached the peak of $3.1M, and then contracted remarkably in the following year.

Export of Machine Tools for Working Stone in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	109	400	1,696	1,345	131.1%
Germany	3.0	1.1	66.0	322	375.2%
South Africa	N/A	N/A	45.1	122	170.5%
Romania	92.0	1,090	960	110	6.1%
Serbia	10.1	215	54.4	48.6	68.8%
United Kingdom	68.7	15.4	29.9	18.3	-35.7%
Bulgaria	308	11.2	1.6	N/A	-92.8%
Colombia	201	N/A	N/A	N/A	0%
Oman	219	N/A	N/A	N/A	0%
Egypt	351	82.4	N/A	N/A	-76.5%
Netherlands	67.3	N/A	N/A	N/A	0%
United States	474	45.1	0.1	N/A	-98.5%
Others	381	404	251	94.4	-37.2%
Total	2,285	2,265	3,103	2,061	-3.4%

Top Export Markets for Machine Tools for Working Stone from Hungary in 2022:

Austria (7.0K units)
Germany (1.8K units)
Romania (0.8K units)
South Africa (0.5K units)
Serbia (0.4K units)
United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tools for working stone 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 28491170 - Machine-tools for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass (excluding sawing machines, grinding or polishing machines)

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