Hungary - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTest and Measurement Price in Hungary - 2023
Contents:
- Test and Measurement Price in Hungary (CIF) - 2023
- Test and Measurement Price in Hungary (FOB) - 2022
- Test and Measurement Imports in Hungary
- Test and Measurement Exports in Hungary
Test and Measurement Price in Hungary (CIF) - 2023
In June 2023, the average test and measurement import price amounted to $7.8 per unit, rising by 20% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($111 per unit), while the price for Austria ($2.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Test and Measurement Price in Hungary (FOB) - 2022
In 2022, the average test and measurement export price amounted to $16 per unit, waning by -32.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 26%. The export price peaked at $23 per unit in 2021, and then dropped sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($84 per unit), while the average price for exports to Germany ($7.2 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 Italy (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Test and Measurement Imports in Hungary
Test and measurement imports into Hungary expanded markedly to 13M units in 2022, growing by 11% on 2021 figures. Overall, imports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, imports hit record highs at 13M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, test and measurement imports rose remarkably to $116M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports hit record highs at $118M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Test and Measurement in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 60.5 | 47.3 | 58.1 | 61.3 | 0.4% |
| Netherlands | 15.0 | 9.4 | 11.9 | 11.5 | -8.5% |
| Mexico | N/A | 2.9 | 5.7 | 9.2 | 78.1% |
| Austria | 4.0 | 3.6 | 5.2 | 7.7 | 24.4% |
| China | 1.1 | 1.2 | 3.0 | 5.4 | 70.0% |
| United States | 7.9 | 3.6 | 3.9 | 3.5 | -23.8% |
| Japan | 9.3 | 5.3 | 4.2 | 3.2 | -29.9% |
| France | 5.0 | 2.8 | 3.1 | 3.0 | -15.7% |
| Poland | 8.9 | 2.9 | 0.6 | 0.7 | -57.2% |
| Others | 5.7 | 9.0 | 11.7 | 10.4 | 22.2% |
| Total | 118 | 87.9 | 107 | 116 | -0.6% |
Top Suppliers of Test and Measurement to Hungary in 2022:
- Poland (undefinedM units)
- Germany (5.3M units)
- Austria (2.0M units)
- Mexico (1.8M units)
- China (1.1M units)
- Netherlands (0.8M units)
- France (0.6M units)
- Japan (0.4M units)
- United States (0.3M units)
Test and Measurement Exports in Hungary
In 2022, overseas shipments of instruments and apparatus for measuring or checking pressure of liquids or gasses were finally on the rise to reach 1M units after two years of decline. Overall, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, test and measurement exports soared to $16M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Test and Measurement in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,055 | 2,609 | 2,663 | 3,506 | 4.7% |
| Italy | 989 | 968 | 1,233 | 1,309 | 9.8% |
| Netherlands | 79.7 | 3,318 | 961 | 1,221 | 148.4% |
| United States | 426 | 261 | 458 | 881 | 27.4% |
| Austria | 266 | 489 | 602 | 657 | 35.2% |
| Serbia | 420 | 845 | 585 | 629 | 14.4% |
| Hong Kong SAR | 2.9 | 24.6 | 6.8 | 580 | 484.8% |
| China | 469 | 469 | 333 | 558 | 6.0% |
| Switzerland | 169 | 105 | 171 | 555 | 48.6% |
| Thailand | 37.9 | N/A | 70.6 | 397 | 118.8% |
| Czech Republic | 237 | 205 | 319 | 327 | 11.3% |
| Ukraine | 223 | 153 | 415 | 253 | 4.3% |
| United Kingdom | 60.8 | 1,231 | 976 | 188 | 45.7% |
| Others | 7,879 | 3,111 | 3,697 | 4,789 | -15.3% |
| Total | 14,314 | 13,789 | 12,490 | 15,849 | 3.5% |
Top Export Markets for Test and Measurement from Hungary in 2022:
- Germany (485.5K units)
- Netherlands (77.4K units)
- Hong Kong SAR (53.6K units)
- Switzerland (38.2K units)
- China (35.4K units)
- United States (32.0K units)
- Ukraine (29.4K units)
- Austria (28.0K units)
- Thailand (26.4K units)
- Czech Republic (18.4K units)
- Serbia (18.2K units)
- United Kingdom (16.7K units)
- Italy (15.7K units)
This report provides an in-depth analysis of the test and measurement 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 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
- Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
- Prodcom 26515279 - Other instruments for measuring or checking pressure: others
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for test and measurement equipment, including the United States, China, Germany, and more. Learn about the key statistics and data from the IndexBox market intelligence platform.
905
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
803
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
