Hungary - Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary - 2023
Contents:
- Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary (CIF) - 2023
- Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary (FOB) - 2022
- Imports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary
- Exports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary
Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary (CIF) - 2023
The average import price for aluminium plates, sheets and strip of thickness over 0.2 mm stood at $4,276 per ton in September 2023, increasing by 9.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,796 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($5,285 per ton), while the price for Serbia ($3,257 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Greece (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary (FOB) - 2022
In 2022, the average export price for aluminium plates, sheets and strip of thickness over 0.2 mm amounted to $4,827 per ton, growing by 33% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium plates, sheets and strip of thickness over 0.2 mm increased by +66.3% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($5,664 per ton) and France ($5,298 per ton), while the average price for exports to Slovakia ($4,394 per ton) and Poland ($4,463 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary
For the fourth consecutive year, Hungary recorded growth in supplies from abroad of aluminium plates, sheets and strip of thickness over 0.2 mm, which increased by 25% to 17K tons in 2022. The total import volume increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium plates, sheets and strip of thickness over 0.2 mm soared to $81M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 9.4 | 11.9 | 12.9 | 17.9 | 23.9% |
South Korea | N/A | 0.1 | 1.0 | 16.9 | 1200.0% |
Germany | 6.0 | 5.5 | 10.5 | 9.2 | 15.3% |
Poland | 4.1 | 3.8 | 5.7 | 7.0 | 19.5% |
Serbia | 0.2 | 0.2 | 2.3 | 7.0 | 227.1% |
Greece | N/A | N/A | 0.1 | 5.7 | 5600.0% |
China | 1.3 | 0.2 | 0.7 | 4.4 | 50.1% |
Austria | 1.7 | 1.9 | 2.6 | 3.0 | 20.8% |
Netherlands | 5.4 | 5.6 | 1.2 | N/A | -52.9% |
Others | 6.9 | 6.3 | 9.7 | 10.4 | 14.7% |
Total | 35.0 | 35.5 | 46.9 | 81.4 | 32.5% |
Top Suppliers of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm to Hungary in 2022:
- Turkey (3.8K tons)
- South Korea (3.2K tons)
- Serbia (1.6K tons)
- Germany (1.6K tons)
- Greece (1.5K tons)
- Poland (1.4K tons)
- China (1.3K tons)
- Austria (0.6K tons)
Exports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary
In 2022, shipments abroad of aluminium plates, sheets and strip of thickness over 0.2 mm decreased by -9.1% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 8.1% against the previous year.
In value terms, exports of aluminium plates, sheets and strip of thickness over 0.2 mm skyrocketed to $50M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 5.9 | 6.4 | 11.6 | 11.7 | 25.6% |
France | 4.3 | 3.8 | 4.0 | 8.6 | 26.0% |
Germany | 4.9 | 4.1 | 5.2 | 7.1 | 13.2% |
Italy | 6.2 | 4.3 | 6.2 | 5.8 | -2.2% |
Netherlands | 0.9 | 0.9 | 0.8 | 3.2 | 52.6% |
Russia | 1.3 | 1.9 | 2.1 | 2.4 | 22.7% |
Belgium | 0.7 | 0.8 | 1.8 | 2.2 | 46.5% |
United Kingdom | 1.4 | 1.1 | 2.4 | 1.9 | 10.7% |
Slovakia | 0.4 | 3.0 | 0.5 | 1.3 | 48.1% |
Denmark | N/A | N/A | 0.6 | 1.2 | 100.0% |
Spain | 1.5 | 1.3 | 1.0 | 0.9 | -15.7% |
Czech Republic | N/A | 0.1 | 0.3 | 0.8 | 182.8% |
Switzerland | 1.7 | 1.9 | 2.4 | 0.5 | -33.5% |
Others | 1.7 | 1.9 | 3.1 | 2.8 | 18.1% |
Total | 30.9 | 31.6 | 41.8 | 50.4 | 17.7% |
Top Export Markets for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm from Hungary in 2022:
- Poland (2625.2 tons)
- France (1624.6 tons)
- Germany (1537.8 tons)
- Italy (1167.4 tons)
- Netherlands (701.5 tons)
- Russia (503.8 tons)
- Belgium (423.8 tons)
- United Kingdom (341.0 tons)
- Slovakia (287.6 tons)
- Denmark (271.7 tons)
- Spain (176.4 tons)
- Czech Republic (173.0 tons)
- Switzerland (112.9 tons)
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm 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 24422430 - Aluminium plates, sheets and strips > 0,2 mm thick
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Hungary.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Hungary.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Hungary.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Hungary.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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