Report Update: May 1, 2024

Hungary - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights

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Resistor Price in Hungary - 2023

Resistor Price in Hungary (CIF) - 2022

In 2022, the average resistor import price amounted to $0.1 per thousand units, falling by -8.3% against the previous year. Over the period under review, the import price, however, recorded measured growth. The most prominent rate of growth was recorded in 2021 an increase of 78% against the previous year. As a result, import price reached the peak level of $0.1 per thousand units, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1.8 per thousand units), while the price for the Netherlands (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Resistor Price in Hungary (FOB) - 2022

In 2022, the average resistor export price amounted to $3.1 per thousand units, shrinking by -8.5% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resistor export price decreased by -12.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $3.6 per thousand units. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($6.8 per thousand units), while the average price for exports to France ($1.4 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports in Hungary

For the third year in a row, Hungary recorded decline in purchases abroad of electrical resistors (except heating resistors), which decreased by -3.2% to 1,510B units in 2022. Overall, imports recorded a abrupt descent. Imports peaked at 2,452B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, resistor imports declined to $187M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $211M, and then declined in the following year.

Import of Resistor in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	98.1	88.3	123	104	2.0%
Netherlands	5.4	8.1	7.3	7.5	11.6%
Austria	19.6	3.0	8.5	7.3	-28.1%
Czech Republic	1.5	4.5	3.8	3.5	32.6%
United Kingdom	1.9	2.2	1.4	1.3	-11.9%
Others	41.0	40.8	66.9	64.1	16.1%
Total	167	147	211	187	3.8%

Top Suppliers of Resistor to Hungary in 2022:

Netherlands (1095.4B units)
Germany (262.1B units)
Austria (64.1B units)
United Kingdom (24.1B units)
Czech Republic (3.8B units)

Resistor Exports in Hungary

For the fourth year in a row, Hungary recorded growth in shipments abroad of electrical resistors (except heating resistors), which increased by 6.3% to 19B units in 2022. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 19%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, resistor exports declined to $60M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $62M, and then shrank slightly in the following year.

Export of Resistor in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	13.3	13.5	15.9	11.5	-4.7%
Ukraine	7.6	9.3	11.3	7.0	-2.7%
Netherlands	4.3	3.0	5.4	5.6	9.2%
Italy	7.5	7.9	6.7	5.6	-9.3%
Thailand	0.1	N/A	N/A	5.0	268.4%
France	3.8	2.2	2.9	2.9	-8.6%
North Macedonia	1.1	2.0	2.7	2.8	36.5%
Spain	3.2	3.7	2.6	2.8	-4.4%
Romania	2.3	2.6	2.4	1.8	-7.8%
Slovakia	1.6	1.5	1.8	1.8	4.0%
Poland	1.5	1.1	1.3	1.4	-2.3%
Others	6.2	6.1	8.4	11.5	22.9%
Total	52.5	53.0	61.5	59.8	4.4%

Top Export Markets for Resistor from Hungary in 2022:

Germany (2.9B units)
Ukraine (2.5B units)
Italy (2.2B units)
France (2.0B units)
Thailand (1.6B units)
Netherlands (1.2B units)
North Macedonia (1.2B units)
Slovakia (1.0B units)
Poland (0.9B units)
Spain (0.4B units)
Romania (0.3B units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the resistor 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 27906035 - Fixed electrical resistors for a power handling capacity . .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
Prodcom 27906037 - Fixed electrical resistors for a power handling capacity > .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
Prodcom 27906055 - Wirewound variable resistors for a power handling capacity. .20 W
Prodcom 27906057 - Wirewound variable resistors for a power handling capacity > .20 W
Prodcom 27906080 - Fixed carbon resistors, composition or film types (excluding heating resistors), electrical variable resistors, including rheostats and potentiometers (excluding wirewound variable resistors and heating resistors)

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