Hungary - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights

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Radiator Price in Hungary - 2023

Contents:

  1. Radiator Price in Hungary (FOB) - 2022
  2. Radiator Price in Hungary (CIF) - 2022
  3. Radiator Exports in Hungary
  4. Radiator Imports in Hungary

Radiator Price in Hungary (FOB) - 2022

The average radiator export price stood at $2,394 per ton in 2021, growing by 3.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 11%. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Croatia ($2,738 per ton) and the Czech Republic ($2,695 per ton), while the average price for exports to Romania ($1,881 per ton) and Slovakia ($1,997 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Radiator Price in Hungary (CIF) - 2022

The average radiator import price stood at $1,966 per ton in 2021, with an increase of 23% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($5,294 per ton), while the price for Turkey ($1,611 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Radiator Exports in Hungary

In 2022, the amount of radiators for central heating (not electrically heated) exported from Hungary shrank to 20K tons, with a decrease of -11.5% on the previous year's figure. In general, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5% against the previous year. As a result, the exports attained the peak of 22K tons, and then reduced in the following year.

In value terms, radiator exports expanded remarkably to $56M in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Radiator in Hungary (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany16.220.318.67.2%
Austria12.911.312.90.0%
Czech Republic0.23.66.2456.8%
France4.03.94.67.2%
Romania1.82.12.210.6%
Croatia1.61.52.011.8%
Slovakia0.91.21.737.4%
Poland1.81.10.6-42.3%
Others4.03.44.33.7%
Total43.448.353.010.5%

Top Export Markets for Radiator from Hungary in 2022:

  1. Germany (7.2K tons)
  2. Austria (6.2K tons)
  3. Czech Republic (2.3K tons)
  4. France (2.0K tons)
  5. Romania (1.2K tons)
  6. Slovakia (0.9K tons)
  7. Croatia (0.7K tons)
  8. Poland (0.2K tons)

Radiator Imports in Hungary

In 2022, the amount of radiators for central heating (not electrically heated) imported into Hungary declined modestly to 19K tons, waning by -1.8% compared with the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of 19K tons, and then shrank modestly in the following year.

In value terms, radiator imports skyrocketed to $44M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Radiator in Hungary (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Turkey17.015.022.715.6%
Poland3.13.04.419.1%
Germany2.02.42.920.4%
Bulgaria3.71.02.2-22.9%
Italy0.50.61.467.3%
Czech Republic1.61.31.3-9.9%
Netherlands1.20.81.20.0%
Others1.31.72.230.1%
Total30.325.938.312.4%

Top Suppliers of Radiator to Hungary in 2022:

  1. Turkey (14.1K tons)
  2. Poland (1.7K tons)
  3. Bulgaria (0.6K tons)
  4. Netherlands (0.5K tons)
  5. Italy (0.5K tons)
  6. Germany (0.5K tons)
  7. Czech Republic (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electric central heating radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel

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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