Recently, the British Construction Machinery Consulting Co., Ltd. reported on the current state of construction machinery market in Hungary, pointed out that Hungary's population is only slightly over 10 million, is a relatively small country, but its economic strength in Central and Eastern Europe (arranged Ranked 3rd after Poland and the Czech Republic. The healthy development of the Hungarian economy and the flourishing development of engineering construction have greatly stimulated the demand for construction machinery and equipment. In 2006, the sales of construction machinery and equipment in Hungary increased by 29% compared with 2004 when Hungary joined the European Union, but it was 5% lower than in 2005. UK Construction Machinery Consulting Co., Ltd. expects Hungary's construction machinery sales will remain at around 1,500 units in the next two years.
In 2006, the British JCB company was a major supplier to the Hungarian construction machinery market. It sold 280 pieces of equipment, including 177 backhoe loaders and 50 telescopic handlers. JCB's agents in Hungary were TerraHungaria and Gitr. the company. Caterpillar is the second-largest supplier to the construction machinery market in Hungary. Its agent in Hungary is Huntraco, which sells 265 devices. Caterpillar is a market leader in the field of hydraulic excavators and track-type tractors, and it has performed strongly in the areas of backhoe loaders, skid steer loaders and wheel loaders. Komatsu's agent in Hungary is Kuhn, which saw significant sales growth in 2006, particularly in the areas of backhoe loaders, mini excavators and crawler bulldozers. Volvo currently sells construction machinery and equipment in Hungary through its own subsidiaries. In 2006, it sold more than 80 vehicles, including 41 wheel loaders and 22 backhoe loaders. Ingersoll Rand – Bobcat's agent in Hungary is Innova-Agro, which sold 55 units in 2006, including 35 skid steer loaders and 17 telehandlers.
Hungary’s demand for second-hand equipment is also very strong. The main sources of used equipment are Germany and Austria. In 2006, the total sales of used equipment in Hungary was close to 500, of which 140 were backhoe loaders.
Sales by device type.
Strangely enough, Hungary has not formed a great demand for small excavators. This is mainly due to the fact that Hungary has a large amount of cheap labor, and the use of backhoe loaders and skid steer loaders in Hungary is more common. It is expected that the demand for small excavators will grow slowly and reach 100 units by 2009.
Wheeled excavators experienced a significant increase in sales in 2005. In 2006, sales volume dropped to 60 units. The core product of the wheel excavator is the 17 to 20 tons model. In 2006, Caterpillar, Hyundai and New Holland were the three main suppliers.
The sales volume of wheeled excavators is mainly divided by more than 25 tons for mining and quarrying and 23 tons for construction. Of all the new equipment sold in 2006, Caterpillar, New Holland, Komatsu and Hitachi products accounted for 69%, while the large-scale used equipment market was dominated by imported equipment from Germany and Austria.
Caterpillar dominated the market in track-type tractors, with a market share of 52% in 2006. Caterpillar's products are renowned for their durability and reliability. The D6 and D8 models are the most commonly used products.
The sales volume of wheel loaders remained stable, and the market demand was mainly concentrated on 150-250 hp models. Volvo has been a major supplier, accounting for 33% of total sales in 2006.
The backhoe loader is still the most commonly used construction machinery and equipment in Hungary. In 2006, it accounted for 26% of the total sales of all equipment. The excavation loader is mainly used in construction and municipal engineering projects. JCB has always been the undisputed market leader. In 2006, the market share in the backhoe loader sector was 45%.
In 2006, the sales of skid steer loaders increased to 226 units, and WayIndustry of Slovakia took a leading position in the market. Due to strong demand from agriculture, industry and road maintenance, sales of skid steer loaders are expected to increase further.
The telescopic handler is the second largest product area in Hungary after the backhoe loader. Sales of telescopic handlers have grown very strongly in recent years, with more than 75% of them being used in agricultural applications. In 2006, the market share of Manitou in France increased to 34%, and the agent in Hungary was Axial.
Very common dump trucks used in the United Kingdom and Spain are rarely used in Hungary, mainly due to the competition from cheap and popular highway-off road dump trucks.
In 2006, the sales of Hungarian motor graders fell to 10. The 120 hp and 150 hp models offered by New Holland are mainstream products.
The demand for asphalt concrete paving machines remains stable, and the main users are contractors for road renovation projects. Vögele has long monopolized this product area in the construction machinery market in Hungary.
In the field of compaction equipment, dual-steel roller compactors and self-propelled rollers are still widely used in road maintenance and construction engineering. BMW, Caterpillar, Puma and Dynapac are major suppliers of compaction equipment for the construction machinery market in Hungary.
In 2006, the British JCB company was a major supplier to the Hungarian construction machinery market. It sold 280 pieces of equipment, including 177 backhoe loaders and 50 telescopic handlers. JCB's agents in Hungary were TerraHungaria and Gitr. the company. Caterpillar is the second-largest supplier to the construction machinery market in Hungary. Its agent in Hungary is Huntraco, which sells 265 devices. Caterpillar is a market leader in the field of hydraulic excavators and track-type tractors, and it has performed strongly in the areas of backhoe loaders, skid steer loaders and wheel loaders. Komatsu's agent in Hungary is Kuhn, which saw significant sales growth in 2006, particularly in the areas of backhoe loaders, mini excavators and crawler bulldozers. Volvo currently sells construction machinery and equipment in Hungary through its own subsidiaries. In 2006, it sold more than 80 vehicles, including 41 wheel loaders and 22 backhoe loaders. Ingersoll Rand – Bobcat's agent in Hungary is Innova-Agro, which sold 55 units in 2006, including 35 skid steer loaders and 17 telehandlers.
Hungary’s demand for second-hand equipment is also very strong. The main sources of used equipment are Germany and Austria. In 2006, the total sales of used equipment in Hungary was close to 500, of which 140 were backhoe loaders.
Sales by device type.
Strangely enough, Hungary has not formed a great demand for small excavators. This is mainly due to the fact that Hungary has a large amount of cheap labor, and the use of backhoe loaders and skid steer loaders in Hungary is more common. It is expected that the demand for small excavators will grow slowly and reach 100 units by 2009.
Wheeled excavators experienced a significant increase in sales in 2005. In 2006, sales volume dropped to 60 units. The core product of the wheel excavator is the 17 to 20 tons model. In 2006, Caterpillar, Hyundai and New Holland were the three main suppliers.
The sales volume of wheeled excavators is mainly divided by more than 25 tons for mining and quarrying and 23 tons for construction. Of all the new equipment sold in 2006, Caterpillar, New Holland, Komatsu and Hitachi products accounted for 69%, while the large-scale used equipment market was dominated by imported equipment from Germany and Austria.
Caterpillar dominated the market in track-type tractors, with a market share of 52% in 2006. Caterpillar's products are renowned for their durability and reliability. The D6 and D8 models are the most commonly used products.
The sales volume of wheel loaders remained stable, and the market demand was mainly concentrated on 150-250 hp models. Volvo has been a major supplier, accounting for 33% of total sales in 2006.
The backhoe loader is still the most commonly used construction machinery and equipment in Hungary. In 2006, it accounted for 26% of the total sales of all equipment. The excavation loader is mainly used in construction and municipal engineering projects. JCB has always been the undisputed market leader. In 2006, the market share in the backhoe loader sector was 45%.
In 2006, the sales of skid steer loaders increased to 226 units, and WayIndustry of Slovakia took a leading position in the market. Due to strong demand from agriculture, industry and road maintenance, sales of skid steer loaders are expected to increase further.
The telescopic handler is the second largest product area in Hungary after the backhoe loader. Sales of telescopic handlers have grown very strongly in recent years, with more than 75% of them being used in agricultural applications. In 2006, the market share of Manitou in France increased to 34%, and the agent in Hungary was Axial.
Very common dump trucks used in the United Kingdom and Spain are rarely used in Hungary, mainly due to the competition from cheap and popular highway-off road dump trucks.
In 2006, the sales of Hungarian motor graders fell to 10. The 120 hp and 150 hp models offered by New Holland are mainstream products.
The demand for asphalt concrete paving machines remains stable, and the main users are contractors for road renovation projects. Vögele has long monopolized this product area in the construction machinery market in Hungary.
In the field of compaction equipment, dual-steel roller compactors and self-propelled rollers are still widely used in road maintenance and construction engineering. BMW, Caterpillar, Puma and Dynapac are major suppliers of compaction equipment for the construction machinery market in Hungary.
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