Overview of the Market for Scaffolding, Shuttering, and Propping Equipment in Hungary
In value terms, scaffolding, shuttering, and propping equipment production totaled $ in 2019 estimated in export prices. In general, production, however, saw a deep contraction. The most prominent rate of growth was recorded in 2011 when the production volume increased by % year-to-year. Scaffolding, shuttering, and propping equipment production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
The value of the market for equipment for scaffolding, shuttering, propping or pit propping in Hungary soared to $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.