Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary (CIF) - 2022

The average import price for generators stood at $221 per unit in 2022, declining by -20.2% against the previous year. In general, the import price, however, recorded resilient growth. The growth pace was the most rapid in 2019 when the average import price increased by 77%. Over the period under review, average import prices hit record highs at $277 per unit in 2021, and then contracted markedly in the following year.

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 the United States ($489 per unit), while the price for Germany ($111 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary (FOB) - 2022

The average export price for generators stood at $201 per unit in 2022, with a decrease of -57.5% against the previous year. Overall, the export price faced a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 288% against the previous year. As a result, the export price reached the peak level of $1,707 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($740 per unit), while the average price for exports to Georgia ($50 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 Bosnia and Herzegovina (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary

After three years of growth, purchases abroad of generators decreased by -19.4% to 5.4K units in 2022. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. As a result, imports reached the peak of 6.7K units, and then fell rapidly in the following year.

In value terms, imports of generators declined significantly to $1.2M in 2022. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 119% against the previous year. As a result, imports attained the peak of $1.9M, and then shrank markedly in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy35428247658318.1%
Germany11118613835547.3%
China11020929274.7-12.1%
United States11.997.887164.675.7%
United Kingdom57.214.43.62.9-63.0%
Others33956.771.9111-31.1%
Total9838451,8531,1916.6%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Hungary in 2022:

  1. Germany (3207.0 units)
  2. Italy (1504.0 units)
  3. China (354.0 units)
  4. United States (132.0 units)
  5. United Kingdom (6.0 units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary

In 2022, the amount of generators exported from Hungary soared to 854 units, increasing by 385% on 2021 figures. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of generators skyrocketed to $172K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 816% against the previous year. As a result, the exports reached the peak of $592K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A85.80%
Romania3.4N/AN/A26.097.0%
GeorgiaN/AN/AN/A15.80%
Germany12.95.142.214.84.7%
CanadaN/A23.8N/A5.3-52.8%
China9.94.22.70.7-58.6%
PolandN/A9.7N/A0.6-75.1%
Bosnia and Herzegovina1.826.71.60.5-34.8%
Slovakia20.7N/AN/AN/A0%
United Kingdom2.97.014.6N/A124.4%
ItalyN/A6.4N/AN/A0%
Others13.250922.122.218.9%
Total64.659283.317238.6%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Hungary in 2022:

  1. Ukraine (375.0 units)
  2. Georgia (316.0 units)
  3. Romania (108.0 units)
  4. Germany (20.0 units)
  5. Poland (3.0 units)
  6. Bosnia and Herzegovina (3.0 units)
  7. China (2.0 units)
  8. Canada (1.0 units)
  9. Slovakia (1.0 units)

Source: IndexBox Market Intelligence Platform

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