Market research

Steam and other vapour turbines market in Hungary

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for steam and other vapour turbines in Hungary contracted between 2018 and 2020, with its size falling from 16.9 million US dollars to 10.9 million US dollars. This decline coincided with the introduction of new technical safety regulations for gas connection lines and user equipment in 2020, which increased compliance costs for operators and likely dampened investment in turbine-related projects.

From 2021 onward, the sector's trade flows expanded markedly. Imports grew from 28.7 million US dollars to 55.9 million US dollars by 2025, while exports rose from 47.9 million US dollars to 83.6 million US dollars. This growth was supported by several developments: government subsidies for household gas prices in 2022 reduced operating costs for gas-fired turbines, a reduction in railway track usage fees in 2023 improved logistics for heavy equipment, and ongoing updates to gas industry safety regulations alongside measures in the green energy sector influenced infrastructure investment patterns.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In value
  1. 4.1.1. Production, 2018-2020
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2018-2020
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In value, 2018-2020, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production steam and other vapour turbines in Hungary

In value, 2018-2021, K $ US

In 2019, Hungary's production of steam and other vapour turbines reached its peak value of 46 642 K $ US, marking a 5.0% increase from the previous year. However, by 2020, output declined by 2.0% to 45 692 K $ US. Over the three-year period from 2018 to 2020, overall production grew by 2.9%, translating to an average annual growth rate of 1.0%.

Annual dynamics of production in Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.0%	(2.0%)	n/a	-

Source: SHEV.io

Exports steam and other vapour turbines from Hungary

Exports in kind, t

Hungary's exports of steam and other vapour turbines in kind fell to 652.4 t in 2021, representing a 20.0% drop compared to 2020. The largest decline occurred in 2019, with a sharp decrease of 28.1%, while 2020 saw a rebound with a 17.3% increase. From 2018 to 2021, total exports decreased by 32.5%, averaging an annual decline of 12.3%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(28.1%)	17.3%	(20.0%)	(12.3%)

Source: SHEV.io

Between 2018 and 2021, Germany was the dominant destination for Hungary's steam and other vapour turbines exports in kind, accounting for 70.6% of the total. The remaining exports were distributed among various smaller trading partners.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Hungary in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2020, Hungary's steam and other vapour turbines exports in value terms peaked at 62 234 K $ US, reflecting a 10.8% rise from the prior year. By 2021, export volume dropped by 23.0% to 47 892 K $ US. Over the 2018-2021 period, exports decreased by 18.2%, with an average annual decline of 6.5%.

Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(4.1%)	10.8%	(23.0%)	(6.5%)

Source: SHEV.io

From 2018 to 2021, Germany and France together dominated Hungary's steam and other vapour turbines exports in value terms, comprising 85.2% of the total. Other destinations contributed smaller individual shares to the export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Hungary in value, 2018-2021

Source: SHEV.io

Imports steam and other vapour turbines to Hungary

Imports in kind, t

Hungary's imports of steam and other vapour turbines in kind rose for the second consecutive year, reaching 243.2 t in 2021, which was a robust 22.0% increase year-over-year. The lowest point was in 2019 at 173.7 t, when imports fell sharply by 56.0%. Overall, from 2018 to 2021, imports decreased by 38.4%, averaging an annual decline of 14.9%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(56.0%)	14.8%	22.0%	(14.9%)

Source: SHEV.io

During 2018-2021, France, Germany, and Italy were consistently the main sources for Hungary's steam and other vapour turbines imports in kind. France led with 37.7%, followed by Germany at 25.1% and Italy at 9.5%, together making up 72.3% of total imports.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Hungary in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Hungary's imports of steam and other vapour turbines in value terms grew for the second year in a row, registering 28 655 K $ US in 2021, a 4.2% increase from the previous year. The minimum value was recorded in 2019 at 23 979 K $ US, when imports declined by 22.8%, while 2020 saw a 14.6% rise. Over the 2018-2021 period, imports decreased by 7.8%, with an average annual decline of 2.7%.

Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(22.8%)	14.6%	4.2%	(2.7%)

Source: SHEV.io

From 2018 to 2021, France, Germany, and Ukraine were the primary markets for Hungary's steam and other vapour turbines imports in value terms. France accounted for 67.1%, Germany for 9.4%, and Ukraine for 8.0%, collectively representing 84.5% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Hungary in value, 2018-2021

Source: SHEV.io