Hungary - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cast Iron Household Articles in Hungary - 2023
Contents:
- Price for Cast Iron Household Articles in Hungary (CIF) - 2022
- Price for Cast Iron Household Articles in Hungary (FOB) - 2023
- Imports of Cast Iron Household Articles in Hungary
- Exports of Cast Iron Household Articles in Hungary
Price for Cast Iron Household Articles in Hungary (CIF) - 2022
In 2022, the average cast iron household articles import price amounted to $3,930 per ton, growing by 4.4% against the previous year. Overall, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of 33%. Over the period under review, average import prices attained the peak figure at $4,997 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($11,203 per ton), while the price for Slovakia ($3,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cast Iron Household Articles in Hungary (FOB) - 2023
In August 2023, the average cast iron household articles export price amounted to $4,133 per ton, which is down by -12.5% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 30% month-to-month. As a result, the export price reached the peak level of $6,351 per ton. From May 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($6,425 per ton), while the average price for exports to the United States ($2,031 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cast Iron Household Articles in Hungary
In 2022, supplies from abroad of table, kitchen or household articles of cast iron decreased by -17.6% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year.
In value terms, cast iron household articles imports fell to $4.9M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 113% against the previous year. As a result, imports attained the peak of $5.7M, and then declined in the following year.
Import of Cast Iron Household Articles in Hungary (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 156 | 626 | 1,256 | 1,900 | 130.1% |
China | 731 | 943 | 2,290 | 1,794 | 34.9% |
Netherlands | 266 | 15.7 | 57.3 | 479 | 21.7% |
Slovakia | 250 | 457 | 205 | 246 | -0.5% |
Romania | 41.3 | 40.2 | 71.1 | 112 | 39.5% |
Austria | 7.0 | 124 | 71.1 | 110 | 150.5% |
Hong Kong SAR | N/A | 0.3 | 90.8 | 103 | 1752.9% |
Belgium | N/A | 254 | 1,360 | 89.7 | -40.6% |
Others | 251 | 228 | 335 | 98.6 | -26.8% |
Total | 1,701 | 2,687 | 5,737 | 4,933 | 42.6% |
Top Suppliers of Cast Iron Household Articles to Hungary in 2022:
- China (536.4 tons)
- Germany (505.5 tons)
- Slovakia (74.8 tons)
- Netherlands (42.8 tons)
- Austria (32.3 tons)
- Hong Kong SAR (19.8 tons)
- Romania (19.5 tons)
- Belgium (13.0 tons)
Exports of Cast Iron Household Articles in Hungary
In 2022, shipments abroad of table, kitchen or household articles of cast iron decreased by -22.5% to 660 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year.
In value terms, cast iron household articles exports reduced slightly to $2.7M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.3% 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 +87.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 61% against the previous year.
Export of Cast Iron Household Articles in Hungary (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 1,209 | 1,626 | 1,598 | 1,358 | 3.9% |
Belgium | 0.1 | 8.4 | 169 | 361 | 1434.0% |
Slovakia | 65.6 | 269 | 244 | 235 | 53.0% |
Poland | 23.3 | 35.8 | 131 | 117 | 71.2% |
United States | 41.1 | 29.7 | 29.2 | 91.2 | 30.4% |
Czech Republic | 13.6 | 40.7 | 94.7 | 81.6 | 81.7% |
Germany | 14.3 | 8.6 | 39.4 | 77.5 | 75.7% |
Kuwait | N/A | N/A | 2.9 | 51.1 | 1662.1% |
Others | 97.0 | 339 | 468 | 370 | 56.2% |
Total | 1,464 | 2,357 | 2,777 | 2,742 | 23.3% |
Top Export Markets for Cast Iron Household Articles from Hungary in 2022:
- Romania (385.5 tons)
- Belgium (56.9 tons)
- Slovakia (52.6 tons)
- United States (31.7 tons)
- Poland (24.4 tons)
- Germany (21.2 tons)
- Czech Republic (12.1 tons)
- Kuwait (10.8 tons)
This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron
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
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