Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,460 per ton in 2022, picking up by 27% against the previous year. Over the period under review, the import price showed a measured expansion. The most prominent rate of growth was recorded in 2017 an increase of 70% against the previous year. As a result, import price attained the peak level of $3,114 per ton. From 2018 to 2022, the average import prices remained 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 UK ($7,630 per ton), while the price for Slovakia ($770 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,518 per ton in 2022, jumping by 38% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 granules and powders, of pig iron, spiegeleisen, iron or steels increased by +84.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 48% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

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 Turkey ($4,285 per ton), while the average price for exports to Serbia ($1,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+63.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary

In 2022, after three years of growth, there was significant decline in purchases abroad of granules and powders, of pig iron, spiegeleisen, iron or steels, when their volume decreased by -23.2% to 7.6K tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 57%.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels fell to $11M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $11M, and then declined in the following year.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Hungary in 2022:

1. Germany (3.2K tons)
2. Slovenia (2.1K tons)
3. Sweden (1.0K tons)
4. Italy (0.8K tons)
5. Romania (0.1K tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Hungary

In 2022, shipments abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -52.1% to 120 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 140% against the previous year. As a result, the exports attained the peak of 552 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels shrank sharply to $182K in 2022. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 98% against the previous year. As a result, the exports reached the peak of $454K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Hungary in 2022:

1. Serbia (69.9 tons)
2. Romania (34.4 tons)
3. Brazil (5.0 tons)
4. Slovakia (5.0 tons)
5. Ukraine (3.3 tons)
6. Turkey (2.5 tons)