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Hungary - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Copper Tube and Pipe in Hungary - 2023
Contents:
- Price for Copper Tube and Pipe in Hungary (CIF) - 2022
- Price for Copper Tube and Pipe in Hungary (FOB) - 2023
- Imports of Copper Tube and Pipe in Hungary
- Exports of Copper Tube and Pipe in Hungary
Price for Copper Tube and Pipe in Hungary (CIF) - 2022
In 2022, the average copper tube and pipe import price amounted to $9,162 per ton, rising by 3.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,490 per ton), while the price for the Netherlands ($5,109 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube and Pipe in Hungary (FOB) - 2023
In July 2023, the average copper tube and pipe export price amounted to $12,199 per ton, which is down by -10.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 33% m-o-m. Over the period under review, the average export prices hit record highs at $16,154 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Slovakia ($14,589 per ton), while the average price for exports to Indonesia ($9,175 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube and Pipe in Hungary
Copper tube and pipe imports into Hungary dropped to 8.3K tons in 2022, waning by -10.1% compared with the year before. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of 9.3K tons, and then declined in the following year.
In value terms, copper tube and pipe imports dropped to $76M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +45.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $82M, and then contracted in the following year.
Import of Copper Tube and Pipe in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 40.2 | 35.5 | 52.4 | 48.9 | 6.7% |
Italy | 6.2 | 5.6 | 13.3 | 10.8 | 20.3% |
Austria | 3.4 | 3.0 | 4.0 | 5.0 | 13.7% |
Turkey | 0.1 | 0.3 | 2.3 | 4.4 | 253.0% |
Serbia | 1.7 | 1.4 | 2.0 | 2.8 | 18.1% |
Netherlands | 0.8 | 0.8 | 1.1 | 1.3 | 17.6% |
Others | 5.2 | 5.9 | 6.7 | 3.1 | -15.8% |
Total | 57.7 | 52.4 | 81.8 | 76.3 | 9.8% |
Top Suppliers of Copper Tube and Pipe to Hungary in 2022:
- Germany (5.3K tons)
- Italy (0.9K tons)
- Austria (0.5K tons)
- Turkey (0.4K tons)
- Netherlands (0.2K tons)
- Serbia (0.2K tons)
Exports of Copper Tube and Pipe in Hungary
For the third consecutive year, Hungary recorded decline in overseas shipments of copper tubes and pipes, which decreased by -11.2% to 226 tons in 2022. Over the period under review, exports continue to indicate a abrupt slump. The smallest decline of -2.3% was in 2021.
In value terms, copper tube and pipe exports dropped modestly to $2.9M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $3M, and then fell modestly in the following year.
Export of Copper Tube and Pipe in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 130 | 441 | 328 | 510 | 57.7% |
Czech Republic | 154 | 133 | 151 | 459 | 43.9% |
Indonesia | 536 | 612 | 432 | 415 | -8.2% |
Germany | 314 | 234 | 476 | 408 | 9.1% |
Austria | 259 | 293 | 404 | 355 | 11.1% |
Slovakia | 606 | 335 | 370 | 266 | -24.0% |
Italy | 159 | 107 | 347 | 139 | -4.4% |
Others | 170 | 243 | 483 | 349 | 27.1% |
Total | 2,326 | 2,397 | 2,991 | 2,901 | 7.6% |
Top Export Markets for Copper Tube and Pipe from Hungary in 2022:
- Germany (41.8 tons)
- Romania (39.9 tons)
- Czech Republic (29.0 tons)
- Indonesia (28.9 tons)
- Austria (26.3 tons)
- Slovakia (15.3 tons)
- Italy (9.9 tons)
This report provides an in-depth analysis of the market for copper tube and pipe 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 24442630 - Copper tubes and pipes
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
-
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 copper tube and pipe in Hungary.
This report provides an in-depth analysis of the market for copper pipe and fitting in Hungary.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Hungary.
This report provides an in-depth analysis of the market for copper pipe and fitting in Hungary.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
Explore the top import markets for copper tube and pipe in 2023, including countries such as India, the United States, and Turkey. Discover key statistics and trends in the global copper tube and pipe import market.
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
Explore the top import markets for copper tube and pipe in 2023, including countries such as India, the United States, and Turkey. Discover key statistics and trends in the global copper tube and pipe import market.
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...