Price for Containers for Compressed or Liquefied Gas, of Aluminium in Hungary - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Hungary (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Hungary (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Hungary
4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Hungary

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Hungary (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of aluminium amounted to $16 per unit, growing by 16% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 31%. Over the period under review, average import prices reached the maximum at $19 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 France ($66 per unit), while the price for the UK ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Hungary (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $23 per unit, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2020 an increase of 12%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($42 per unit), while the average price for exports to Russia ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Hungary

In 2022, the amount of containers for compressed or liquefied gas, of aluminium imported into Hungary skyrocketed to 345K units, jumping by 17% compared with the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of containers for compressed or liquefied gas, of aluminium surged to $5.6M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Hungary in 2022:

1. United Kingdom (206.7K units)
2. Italy (62.2K units)
3. Germany (48.4K units)
4. China (17.5K units)
5. Slovakia (3.8K units)
6. United States (0.2K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Hungary

In 2022, the amount of containers for compressed or liquefied gas, of aluminium exported from Hungary rose markedly to 235K units, picking up by 13% on the previous year. Over the period under review, exports, however, saw a precipitous decrease. The exports peaked at 687K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of containers for compressed or liquefied gas, of aluminium skyrocketed to $5.3M in 2022. Overall, exports, however, recorded a precipitous descent. Over the period under review, the exports of hit record highs at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Hungary in 2022:

1. Germany (87.8K units)
2. Czech Republic (36.6K units)
3. Russia (27.2K units)
4. Slovenia (10.1K units)
5. Luxembourg (9.8K units)
6. Poland (8.5K units)
7. China (7.5K units)
8. Turkey (6.5K units)
9. Serbia (5.6K units)
10. New Zealand (4.3K units)
11. Sweden (4.2K units)
12. France (3.6K units)
13. Switzerland (3.6K units)

Source: IndexBox Market Intelligence Platform