Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $1,017 per unit, waning by -36.3% against the previous year. Over the period under review, the import price showed a pronounced descent. The growth pace was the most rapid in 2020 an increase of 105% against the previous year. As a result, import price attained the peak level of $2,271 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($3,023 per unit), while the price for the Netherlands ($65 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $274 per unit in 2022, rising by 60% against the previous year. In general, the export price, however, saw a dramatic decline. The growth pace was the most rapid in 2021 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $30,466 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Croatia ($399 per unit), while the average price for exports to Romania amounted to $232 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+58.9%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary

In 2022, purchases abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses was finally on the rise to reach 54 units after two years of decline. In general, imports, however, saw a precipitous contraction. Imports peaked at 275 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $55K in 2022. Over the period under review, imports, however, showed a sharp setback. Over the period under review, imports of hit record highs at $305K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Hungary in 2022:

1. Italy (37.0 units)
2. Netherlands (9.0 units)
3. China (5.0 units)
4. Austria (3.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Hungary

In 2022, after two years of decline, there was significant growth in overseas shipments of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume increased by 300% to 4 units. Over the period under review, exports, however, showed a significant curtailment. The exports peaked at 29 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $1.1K in 2022. In general, exports, however, saw a precipitous shrinkage. The exports peaked at $16K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Hungary in 2022:

1. Romania (3.0 units)
2. Croatia (1.0 units)

Source: IndexBox Market Intelligence Platform