Hungary - Self-Propelled Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Self-Propelled Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Self-Propelled Rock Cutter Price in Hungary - 2023

Contents:

  1. Self-Propelled Rock Cutter Price in Hungary (FOB) - 2022
  2. Self-Propelled Rock Cutter Price in Hungary (CIF) - 2022
  3. Self-Propelled Rock Cutter Exports in Hungary
  4. Self-Propelled Rock Cutter Imports in Hungary

Self-Propelled Rock Cutter Price in Hungary (FOB) - 2022

The average self-propelled rock cutter export price stood at $6,149 per unit in 2022, which is down by -5.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum at $6,599 per unit in 2020; however, from 2021 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 Romania ($32,719 per unit), while the average price for exports to Germany amounted to $4,772 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.4%).

Self-Propelled Rock Cutter Price in Hungary (CIF) - 2022

The average self-propelled rock cutter import price stood at $2,655 per unit in 2022, dropping by -56.5% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 170% against the previous year. Over the period under review, average import prices hit record highs at $22,264 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($33,154 per unit), while the price for Germany ($192 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+25.2%), while the prices for the other major suppliers experienced a decline.

Self-Propelled Rock Cutter Exports in Hungary

In 2022, approx. 247 units of self-propelled coal or rock cutters and tunnelling machinery were exported from Hungary; growing by 13% on the previous year's figure. Over the period under review, exports, however, continue to indicate a perceptible decrease. Over the period under review, the exports hit record highs at 274 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled rock cutter exports amounted to $1.5M in 2022. Overall, exports, however, saw a noticeable decline. Over the period under review, the exports hit record highs at $1.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Self-Propelled Rock Cutter in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2251,1831,4241,119-3.0%
Romania453196N/A387-5.1%
Austria9.2N/AN/A12.310.2%
Italy45.8N/AN/AN/A0%
Others0.1N/AN/A0.226.0%
Total1,7321,3791,4241,519-4.3%

Top Export Markets for Self-Propelled Rock Cutter from Hungary in 2022:

  1. Germany (235.0 units)
  2. Romania (12.0 units)
  3. Austria (1.0 units)

Self-Propelled Rock Cutter Imports in Hungary

In 2022, overseas purchases of self-propelled coal or rock cutters and tunnelling machinery were finally on the rise to reach 78 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep reduction. Over the period under review, imports reached the maximum at 140 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, self-propelled rock cutter imports dropped to $207K in 2022. Overall, imports, however, continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 6.3%. Imports peaked at $546K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Self-Propelled Rock Cutter in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania356N/AN/A103-33.9%
Austria17019087.180.1-22.2%
NetherlandsN/AN/AN/A14.20%
Czech Republic16.710.8N/A8.2-21.1%
Italy1.2N/AN/A0.7-16.4%
Germany1.6N/AN/A0.4-37.0%
SloveniaN/AN/A126N/A0%
OthersN/AN/AN/AN/A0%
Total546201213207-27.6%

Top Suppliers of Self-Propelled Rock Cutter to Hungary in 2022:

  1. Austria (50.0 units)
  2. Netherlands (15.0 units)
  3. Czech Republic (6.0 units)
  4. Romania (3.0 units)
  5. Italy (3.0 units)
  6. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the self-propelled rock cutter 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 28921233 - Self-propelled coal or rock cutters and tunnelling machinery

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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