Hungary: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Hungary

The Hungarian x-ray apparatus market fell slightly to $X in 2023, reducing by X% against the previous year. In general, consumption posted significant growth. X-ray apparatus consumption peaked at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

X-Ray Apparatus Production in Hungary

In value terms, x-ray apparatus production skyrocketed to $X in 2023 estimated in export price. In general, production posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. X-ray apparatus production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

X-Ray Apparatus Exports

Exports from Hungary

In 2023, the amount of x-ray apparatus exported from Hungary skyrocketed to X units, jumping by X% against the year before. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, x-ray apparatus exports skyrocketed to $X in 2023. Over the period under review, exports saw a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for x-ray apparatus exports from Hungary, with a X% share of total exports. Moreover, x-ray apparatus exports to Germany exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by Ireland (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Ireland (X% per year).

In value terms, the largest markets for x-ray apparatus exported from Hungary were the United States ($X), Germany ($X) and Romania ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average x-ray apparatus export price stood at $X per unit in 2023, declining by X% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports into Hungary

In 2023, the amount of x-ray apparatus imported into Hungary totaled X units, standing approx. at the year before. Over the period under review, imports posted strong growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, x-ray apparatus imports shrank markedly to $X in 2023. Overall, imports recorded strong growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then declined dramatically in the following year.

Imports by Country

In 2023, Italy (X units) constituted the largest x-ray apparatus supplier to Hungary, with a X% share of total imports. Moreover, x-ray apparatus imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest x-ray apparatus suppliers to Hungary, together accounting for X% of total imports. Slovakia, the Netherlands, Spain, Italy, the UK, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average x-ray apparatus import price amounted to $X per unit, waning by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2022, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform