Price for Steel, Stainless; Ingots and Other Primary Forms in Hungary - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Hungary (FOB) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Hungary (CIF) - 2022
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Hungary
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Hungary
Price for Steel, Stainless; Ingots and Other Primary Forms in Hungary (FOB) - 2022
In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $10,557 per ton, surging by 21% against the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 91%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($25,461 per ton), while the average price for exports to Germany ($9,890 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 (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Ingots and Other Primary Forms in Hungary (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $1,930 per ton in 2022, which is down by -38% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 28%. Over the period under review, average import prices reached the peak figure at $5,197 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 Belgium ($6,133 per ton), while the price for Germany ($1,843 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Ingots and Other Primary Forms in Hungary
In 2022, exports of steel, stainless; ingots and other primary formses from Hungary dropped modestly to 91 tons, approximately equating the previous year. Over the period under review, exports recorded a abrupt decrease.
In value terms, exports of steel, stainless; ingots and other primary formses surged to $964K in 2022. Overall, exports continue to indicate a pronounced decline.
Export of Steel, Stainless; Ingots and Other Primary Forms in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 667 | 668 | 514 | 776 | 5.2% |
Austria | 280 | 288 | 231 | 94.6 | -30.4% |
Netherlands | 1.0 | 16.3 | 52.6 | 84.3 | 338.5% |
China | 101 | 62.0 | N/A | N/A | -38.6% |
Others | 12.3 | 4.7 | 3.8 | 9.3 | -8.9% |
Total | 1,061 | 1,039 | 801 | 964 | -3.1% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Hungary in 2022:
- Germany (78.4 tons)
- Austria (8.8 tons)
- Netherlands (3.3 tons)
Imports of Steel, Stainless; Ingots and Other Primary Forms in Hungary
In 2022, imports of steel, stainless; ingots and other primary formses into Hungary skyrocketed to 253 tons, growing by 129% on the previous year. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 263%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of steel, stainless; ingots and other primary formses skyrocketed to $488K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 365%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
Import of Steel, Stainless; Ingots and Other Primary Forms in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 28.1 | 2.5 | 274 | 450 | 152.1% |
Belgium | 1.4 | 0.3 | 10.0 | 31.0 | 180.8% |
Austria | 43.7 | 40.7 | 17.3 | 1.1 | -70.7% |
Italy | N/A | 30.0 | 30.0 | N/A | 0.0% |
Others | 3.0 | 0.1 | 11.1 | 5.7 | 23.9% |
Total | 76.1 | 73.7 | 343 | 488 | 85.8% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Hungary in 2022:
- Germany (244.1 tons)
- Belgium (5.0 tons)
- Austria (0.3 tons)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Hungary.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Hungary.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Hungary.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
Explore the top import markets for stainless steel in ingots or other primary forms based on the latest data from IndexBox platform. India, China, Belgium, and more - find out who leads the way in global stainless steel imports.
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