Hungary - Positive Displacement Pumps And Hand Pumps - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Positive Displacement Pumps And Hand Pumps - Market Analysis, Forecast, Size, Trends And Insights

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Positive Displacement Pump Price in Hungary - 2023

Contents:

  1. Positive Displacement Pump Price in Hungary (CIF) - 2022
  2. Positive Displacement Pump Price in Hungary (FOB) - 2022
  3. Positive Displacement Pump Imports in Hungary
  4. Positive Displacement Pump Exports in Hungary

Positive Displacement Pump Price in Hungary (CIF) - 2022

The average positive displacement pump import price stood at $1.4 per unit in 2022, picking up by 68% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2021 when the average import price increased by 187% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Denmark ($15 per unit), while the price for Belgium ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Positive Displacement Pump Price in Hungary (FOB) - 2022

In 2022, the average positive displacement pump export price amounted to $1.7 per unit, waning by -1.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 76%. As a result, the export price attained the peak level of $1.8 per unit, and then contracted modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($11 per unit), while the average price for exports to Bulgaria ($0.2 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 Austria (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports in Hungary

For the third consecutive year, Hungary recorded decline in overseas purchases of positive displacement pumps and hand pumps, which decreased by -39.6% to 3.5M units in 2022. Over the period under review, imports saw a sharp decrease. Imports peaked at 32M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, positive displacement pump imports totaled $4.8M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Positive Displacement Pump in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A0.11,3122,17914661.4%
Germany2,767811597619-39.3%
United Kingdom84.070.383358791.2%
China499986947420-5.6%
Netherlands630552659259-25.6%
United States76.766858.861.2-7.2%
Belgium27312.36.723.0-56.2%
Italy29593.960.917.7-60.9%
Others19234929467652.1%
Total4,8173,5444,7684,8420.2%

Top Suppliers of Positive Displacement Pump to Hungary in 2022:

  1. Germany (1352.2K units)
  2. Netherlands (434.2K units)
  3. China (338.0K units)
  4. United Kingdom (297.6K units)
  5. United States (215.2K units)
  6. Belgium (184.5K units)
  7. Denmark (147.6K units)
  8. Italy (44.9K units)

Positive Displacement Pump Exports in Hungary

For the third consecutive year, Hungary recorded decline in shipments abroad of positive displacement pumps and hand pumps, which decreased by -7.3% to 1.5M units in 2022. Overall, exports faced a deep reduction. The exports peaked at 2.8M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, positive displacement pump exports contracted to $2.6M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year. The exports peaked at $2.9M in 2021, and then declined in the following year.

Export of Positive Displacement Pump in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4734681,0345414.6%
Italy3094073923160.7%
Romania223461288190-5.2%
Germany27.45.92.814875.5%
Serbia33.450.095.495.241.8%
Austria52.448.810679.615.0%
United Arab Emirates0.20.50.465.2588.2%
Bulgaria16.021.327.731.124.8%
Croatia40.945.442.325.7-14.3%
United Kingdom15845.17.116.2-53.2%
Moldova6.98.811.211.618.9%
Belarus56.996.11.90.1-87.9%
Others3447138551,08546.7%
Total1,7422,3702,8642,60514.4%

Top Export Markets for Positive Displacement Pump from Hungary in 2022:

  1. Belarus (undefinedK units)
  2. Italy (755.2K units)
  3. Bulgaria (165.9K units)
  4. Austria (149.9K units)
  5. Germany (79.6K units)
  6. Romania (60.3K units)
  7. United Arab Emirates (58.9K units)
  8. Poland (49.4K units)
  9. Moldova (29.2K units)
  10. Serbia (26.2K units)
  11. United Kingdom (12.4K units)
  12. Croatia (12.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the positive displacement pump 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 28131145 - Positive displacement pumps, hand pumps

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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