Hungary - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hungary - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Tungsten Halogen Lamp Price in Hungary - 2023

Contents:

  1. Tungsten Halogen Lamp Price in Hungary (FOB) - 2022
  2. Tungsten Halogen Lamp Price in Hungary (CIF) - 2023
  3. Tungsten Halogen Lamp Exports in Hungary
  4. Tungsten Halogen Lamp Imports in Hungary

Tungsten Halogen Lamp Price in Hungary (FOB) - 2022

The average tungsten halogen lamp export price stood at $2.6 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 73% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($5.2 per unit), while the average price for exports to the United States ($1.7 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 Poland (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Price in Hungary (CIF) - 2023

In August 2023, the average tungsten halogen lamp import price amounted to $4.4 per unit, surging by 6.7% against the previous month. Over the period under review, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, tungsten halogen lamp import price increased by +50.8% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 41% month-to-month. Over the period under review, average import prices hit record highs at $5.5 per unit in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($5.6 per unit), while the price for Switzerland ($384 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten Halogen Lamp Exports in Hungary

For the third year in a row, Hungary recorded decline in shipments abroad of tungsten halogen lamps, which decreased by -66.2% to 8.5M units in 2022. In general, exports faced a dramatic setback. The smallest decline of -28.2% was in 2020. The exports peaked at 74M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, tungsten halogen lamp exports dropped remarkably to $22M in 2022. Overall, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $66M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Tungsten Halogen Lamp in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26.343.631.610.4-26.6%
Germany4.93.44.52.0-25.8%
Poland1.91.31.70.9-22.0%
United Kingdom2.91.71.50.8-34.9%
United Arab Emirates0.20.61.10.751.8%
France1.71.11.00.7-25.6%
Czech Republic1.71.20.70.5-33.5%
Brazil3.41.40.30.3-55.5%
Turkey1.11.00.80.2-43.3%
Italy1.41.00.70.2-47.7%
Others14.410.110.45.6-27.0%
Total59.966.354.322.2-28.2%

Top Export Markets for Tungsten Halogen Lamp from Hungary in 2022:

  1. United States (5938.8K units)
  2. Germany (455.6K units)
  3. United Kingdom (258.4K units)
  4. United Arab Emirates (174.8K units)
  5. France (169.8K units)
  6. Poland (164.1K units)
  7. Czech Republic (109.2K units)
  8. Brazil (68.5K units)
  9. Italy (55.7K units)
  10. Turkey (52.8K units)

Tungsten Halogen Lamp Imports in Hungary

In 2022, the amount of tungsten halogen lamps imported into Hungary dropped notably to 1.3M units, with a decrease of -20% on the year before. Overall, imports continue to indicate a significant contraction. Over the period under review, imports reached the peak figure at 5.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp imports declined markedly to $5.2M in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports hit record highs at $6.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tungsten Halogen Lamp in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1,7671,4881,8641,9513.4%
Germany1,2771,3831,8681,5536.7%
China835886767450-18.6%
France18153242728015.7%
United States61.615.767.515536.0%
Poland158146129150-1.7%
Japan289168332103-29.1%
EgyptN/AN/A1.163.55672.7%
United Arab Emirates856N/AN/A0.2-93.8%
Hong Kong SAR85.3N/AN/AN/A0%
Others829743664474-17.0%
Total6,3385,3616,1195,180-6.5%

Top Suppliers of Tungsten Halogen Lamp to Hungary in 2022:

  1. Germany (624.7K units)
  2. Slovakia (265.6K units)
  3. China (128.4K units)
  4. France (50.0K units)
  5. Poland (47.1K units)
  6. United States (33.5K units)
  7. Egypt (20.6K units)
  8. Japan (8.3K units)
  9. United Arab Emirates (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tungsten halogen lamp 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 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
  • Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
  • Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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