Hungary - Special-Purpose Electric Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Special-Purpose Electric Lamp and Lighting Fitting in Hungary - 2022
Contents:
- Price for Special-Purpose Electric Lamp and Lighting Fitting in Hungary (FOB) - 2022
- Price for Special-Purpose Electric Lamp and Lighting Fitting in Hungary (CIF) - 2022
- Exports of Special-Purpose Electric Lamp and Lighting Fitting in Hungary
- Imports of Special-Purpose Electric Lamp and Lighting Fitting in Hungary
Price for Special-Purpose Electric Lamp and Lighting Fitting in Hungary (FOB) - 2022
In December 2021, the average export price for special-purpose electric lamps and lighting fittings amounted to $8.9 per unit, growing by 35% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 an increase of 56% m-o-m. Over the period under review, the average export prices reached the peak figure at $9.3 per unit in January 2021; however, from February 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was the Netherlands ($13.3 per unit), while the average price for exports to Croatia ($3.6 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Special-Purpose Electric Lamp and Lighting Fitting in Hungary (CIF) - 2022
In December 2021, the average import price for special-purpose electric lamps and lighting fittings amounted to $3.9 per unit, which is down by -17% against the previous month. In general, the import price continues to indicate a mild reduction. The growth pace was the most rapid in April 2021 when the average import price increased by 24% month-to-month. The import price peaked at $4.7 per unit in October 2021; however, from November 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($16.6 per unit), while the price for Spain ($407 per thousand units) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by France (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Special-Purpose Electric Lamp and Lighting Fitting in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of special-purpose electric lamps and lighting fittings, when their volume decreased by -14% to 15M units. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 101%. Over the period under review, the exports of reached the peak figure at 18M units in 2021, and then fell in the following year.
In value terms, exports of special-purpose electric lamps and lighting fittings reduced to $118M in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. The exports peaked at $151M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Special-Purpose Electric Lamp and Lighting Fitting in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.7 | 15.8 | 21.7 | 17.5 | -0.4% |
Belgium | 12.7 | 14.8 | 16.2 | 13.0 | 0.8% |
Portugal | 13.1 | 8.4 | 13.1 | 10.6 | -6.8% |
Saudi Arabia | 13.6 | 10.5 | 7.8 | 8.5 | -14.5% |
Austria | 5.6 | 6.6 | 6.8 | 5.5 | -0.6% |
Poland | 1.5 | 7.6 | 5.1 | 4.1 | 39.8% |
Sweden | 2.4 | 2.2 | 4.7 | 3.8 | 16.6% |
Netherlands | 2.1 | 1.9 | 4.6 | 3.7 | 20.8% |
Serbia | 5.6 | 3.2 | 4.3 | 3.5 | -14.5% |
France | 2.5 | 1.9 | 4.3 | 3.4 | 10.8% |
Slovakia | 2.1 | 3.7 | 4.0 | 3.2 | 15.1% |
Romania | 3.5 | 2.8 | 3.8 | 3.1 | -4.0% |
Spain | 2.7 | 1.6 | 2.6 | 2.1 | -8.0% |
Others | 65.5 | 21.7 | 34.2 | 36.1 | -18.0% |
Total | 151 | 103 | 133 | 118 | -7.9% |
Top Export Markets for Special-Purpose Electric Lamp and Lighting Fitting from Hungary in 2022:
- Belgium (2.5M units)
- Portugal (2.4M units)
- Germany (2.1M units)
- Poland (0.9M units)
- Saudi Arabia (0.9M units)
- Romania (0.7M units)
- Slovakia (0.6M units)
- Netherlands (0.5M units)
- Serbia (0.5M units)
- France (0.4M units)
- Sweden (0.4M units)
- Austria (0.4M units)
- Spain (0.3M units)
Imports of Special-Purpose Electric Lamp and Lighting Fitting in Hungary
In 2022, supplies from abroad of special-purpose electric lamps and lighting fittings decreased by -5.3% to 24M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 174%. Imports peaked at 26M units in 2021, and then shrank in the following year.
In value terms, imports of special-purpose electric lamps and lighting fittings dropped to $100M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $107M, and then fell in the following year.
Import of Special-Purpose Electric Lamp and Lighting Fitting in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 28.5 | 37.7 | 43.4 | 39.5 | 11.5% |
Germany | 12.1 | 16.4 | 18.5 | 16.8 | 11.6% |
Poland | 12.0 | 9.0 | 11.0 | 10.0 | -5.9% |
Italy | 2.1 | 3.2 | 6.4 | 5.8 | 40.3% |
Austria | 4.7 | 4.7 | 4.7 | 4.3 | -2.9% |
France | 3.8 | 5.1 | 4.0 | 3.9 | 0.9% |
Spain | 4.2 | 1.4 | 2.3 | 2.4 | -17.0% |
Netherlands | 2.0 | 3.1 | 2.3 | 2.2 | 3.2% |
Slovakia | 2.0 | 2.4 | 2.4 | 2.1 | 1.6% |
Others | 17.0 | 11.0 | 11.9 | 13.3 | -7.9% |
Total | 88.4 | 93.9 | 107 | 100 | 4.2% |
Top Suppliers of Special-Purpose Electric Lamp and Lighting Fitting to Hungary in 2022:
- China (15.6M units)
- Germany (2.1M units)
- Poland (1.6M units)
- Italy (0.8M units)
- Slovakia (0.8M units)
- Spain (0.8M units)
- France (0.6M units)
- Austria (0.5M units)
- Netherlands (0.4M units)
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting 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 27403930 - Electric lamps and lighting fittings, of plastic and other materials, of a kind used for filament lamps and tubular fluorescent lamps
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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