Hungary - Air conditioning Machines without Refrigeration Unit - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Air conditioning Machines without Refrigeration Unit - Market Analysis, Forecast, Size, Trends And Insights

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Price for Air Conditioning Machins Without Refrigeration Unit in Hungary - 2023

Contents:

  1. Price for Air Conditioning Machins Without Refrigeration Unit in Hungary (CIF) - 2022
  2. Price for Air Conditioning Machins Without Refrigeration Unit in Hungary (FOB) - 2023
  3. Imports of Air Conditioning Machins Without Refrigeration Unit in Hungary
  4. Exports of Air Conditioning Machins Without Refrigeration Unit in Hungary

Price for Air Conditioning Machins Without Refrigeration Unit in Hungary (CIF) - 2022

The average import price for air conditioning machines without refrigeration unit stood at $1,613 per unit in 2022, growing by 15% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +10.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,074 per unit), while the price for Poland ($757 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Air Conditioning Machins Without Refrigeration Unit in Hungary (FOB) - 2023

The average export price for air conditioning machines without refrigeration unit stood at $861 per unit in September 2023, reducing by -1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices hit record highs at $943 per unit in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($2,090 per unit), while the average price for exports to Jordan ($23.4 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air Conditioning Machins Without Refrigeration Unit in Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of air conditioning machines without refrigeration unit, which increased by 25% to 32K units in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of air conditioning machines without refrigeration unit skyrocketed to $51M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Air Conditioning Machins Without Refrigeration Unit in Hungary (Million USD)
COUNTRY202020212022CAGR,
2020-2022
South Korea7.617.531.0102.0%
Germany4.54.26.520.2%
Poland1.65.14.058.1%
Slovakia0.92.52.670.0%
Italy1.52.02.426.5%
Austria0.31.21.4116.0%
Lithuania0.91.41.110.6%
Czech Republic0.30.71.082.6%
Others1.01.11.14.9%
Total18.635.651.165.8%

Top Suppliers of Air Conditioning Machins Without Refrigeration Unit to Hungary in 2022:

  1. South Korea (14.9K units)
  2. Poland (5.3K units)
  3. Germany (4.5K units)
  4. Italy (2.0K units)
  5. Slovakia (1.7K units)
  6. Austria (0.9K units)
  7. Czech Republic (0.8K units)
  8. Lithuania (0.8K units)

Exports of Air Conditioning Machins Without Refrigeration Unit in Hungary

In 2022, exports of air conditioning machines without refrigeration unit from Hungary skyrocketed to 47K units, picking up by 97% against the previous year. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of air conditioning machines without refrigeration unit surged to $32M in 2022. Overall, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Air Conditioning Machins Without Refrigeration Unit in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.05.46.114.835.1%
Italy0.10.86.37.0312.1%
Austria3.54.03.83.93.7%
Ireland1.50.32.91.3-4.7%
Ukraine1.01.01.81.13.2%
Czech Republic1.51.90.90.9-15.7%
Slovakia0.30.11.00.838.7%
Russia1.90.70.20.3-46.0%
Canada12.91.0N/AN/A-92.2%
Others1.92.80.92.01.7%
Total30.617.923.932.01.5%

Top Export Markets for Air Conditioning Machins Without Refrigeration Unit from Hungary in 2022:

  1. Germany (20.9K units)
  2. Italy (10.2K units)
  3. Austria (6.9K units)
  4. Ukraine (1.8K units)
  5. Ireland (1.8K units)
  6. Czech Republic (1.4K units)
  7. Slovakia (0.9K units)
  8. Russia (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for air conditioning machins without refrigeration unit 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 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units

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:

  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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Free Data: Air conditioning machines; n.e.s. in heading no. 8415 and not incorporating a refrigerating unit - Hungary