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Hungary - Hot-Rolled Round Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Round Stainless Steel in Hungary - 2023
Contents:
- Price for Hot-Rolled Round Stainless Steel in Hungary (CIF) - 2023
- Price for Hot-Rolled Round Stainless Steel in Hungary (FOB) - 2022
- Imports of Hot-Rolled Round Stainless Steel in Hungary
- Exports of Hot-Rolled Round Stainless Steel in Hungary
Price for Hot-Rolled Round Stainless Steel in Hungary (CIF) - 2023
In July 2023, the average hot-rolled round stainless steel import price amounted to $5,373 per ton, falling by -1.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 13% against the previous month. As a result, import price attained the peak level of $6,041 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($6,558 per ton), while the price for India ($3,636 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Round Stainless Steel in Hungary (FOB) - 2022
In 2022, the average hot-rolled round stainless steel export price amounted to $6,788 per ton, jumping by 51% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($12,847 per ton), while the average price for exports to Germany ($3,126 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 Germany (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled Round Stainless Steel in Hungary
In 2022, hot-rolled round stainless steel imports into Hungary expanded sharply to 2.9K tons, surging by 14% compared with 2021 figures. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, hot-rolled round stainless steel imports surged to $17M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 66%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Hot-Rolled Round Stainless Steel in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1.7 | 1.5 | 2.7 | 4.9 | 42.3% |
France | 2.8 | 1.8 | 3.6 | 3.6 | 8.7% |
Germany | 1.4 | 1.6 | 2.3 | 3.4 | 34.4% |
Spain | 0.3 | 0.1 | 0.2 | 1.7 | 78.3% |
Austria | 1.0 | 0.8 | 1.1 | 1.3 | 9.1% |
Poland | 0.2 | 0.1 | 0.4 | 1.0 | 71.0% |
India | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
Others | 0.7 | 0.6 | 0.4 | 1.0 | 12.6% |
Total | 8.1 | 6.5 | 10.8 | 17.4 | 29.0% |
Top Suppliers of Hot-Rolled Round Stainless Steel to Hungary in 2022:
- Italy (772.2 tons)
- France (589.5 tons)
- Germany (566.2 tons)
- Austria (227.8 tons)
- India (222.2 tons)
- Spain (219.9 tons)
- Poland (187.4 tons)
Exports of Hot-Rolled Round Stainless Steel in Hungary
In 2022, approx. 140 tons of hot-rolled round bars of stainless steel were exported from Hungary; jumping by 80% on 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 115% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, hot-rolled round stainless steel exports surged to $949K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Hot-Rolled Round Stainless Steel in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.0 | 20.9 | 87.3 | 509 | 216.9% |
Poland | N/A | N/A | N/A | 95.4 | 0% |
Romania | 141 | 122 | 103 | 74.2 | -19.3% |
Austria | N/A | 0.2 | 14.7 | 69.8 | 1768.2% |
United Kingdom | N/A | N/A | 100 | 62.2 | -37.8% |
Sweden | N/A | N/A | N/A | 61.0 | 0% |
Serbia | 34.1 | 9.4 | 21.2 | 22.3 | -13.2% |
France | 29.2 | 27.5 | 10.0 | 17.2 | -16.2% |
Others | 4.4 | 4.0 | 12.6 | 37.3 | 103.9% |
Total | 225 | 184 | 349 | 949 | 61.6% |
Top Export Markets for Hot-Rolled Round Stainless Steel from Hungary in 2022:
- Germany (163.0 tons)
- United Kingdom (13.5 tons)
- Romania (11.3 tons)
- Austria (11.1 tons)
- Sweden (10.2 tons)
- Poland (7.4 tons)
- France (3.8 tons)
- Serbia (2.3 tons)
This report provides an in-depth analysis of the market for hot-rolled round stainless steel 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 24106410 - Hot-rolled round bars, of stainless steel
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 hot-rolled round stainless steel in Hungary.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Hungary.
This report provides an in-depth analysis of the stainless steel angle market in Hungary.
This report provides an in-depth analysis of the market for forged stainless steel bar in Hungary.
This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the global stainless steel angle market.
This report provides an in-depth analysis of the global market for forged stainless steel bar.
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in Hungary.
This report provides an in-depth analysis of the stainless steel angle market in Hungary.
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
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