Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary (CIF) - 2024
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary (CIF) - 2024
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,654 per ton in January 2024, declining by -10.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in April 2023 an increase of 27% month-to-month. As a result, import price attained the peak level of $1,932 per ton. From May 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($4,071 per ton), while the price for China totaled $2,654 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary (FOB) - 2022
In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $976 per ton, jumping by 52% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The export price peaked at $6,426 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($7,003 per ton), while the average price for exports to Slovenia ($551 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 Turkey (+10.1%), while the prices for the other major destinations experienced a decline.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary
In 2022, overseas purchases of tubes, pipes and hollow profiles, of cast iron increased by 828% to 16K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $22M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.4 | 0.5 | 1.6 | 18.2 | 257.0% |
| Spain | N/A | N/A | 0.2 | 1.5 | 650.0% |
| Turkey | N/A | N/A | 0.7 | 1.1 | 57.1% |
| Germany | 1.6 | 0.3 | 0.3 | 0.4 | -37.0% |
| Austria | 0.7 | 0.4 | 0.3 | 0.2 | -34.1% |
| Russia | 0.2 | 0.9 | N/A | 0.1 | -20.6% |
| Others | 0.9 | 0.3 | 0.3 | 0.2 | -39.4% |
| Total | 3.8 | 2.3 | 3.4 | 21.7 | 78.7% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Hungary in 2022:
- France (14.2K tons)
- Spain (1.0K tons)
- Turkey (0.8K tons)
- Germany (0.2K tons)
- Austria (0.1K tons)
- Russia (0.1K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary
In 2022, overseas shipments of tubes, pipes and hollow profiles, of cast iron were finally on the rise to reach 168 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp decline.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron surged to $153K in 2022. Overall, exports, however, faced a dramatic downturn.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | N/A | N/A | 79.5 | 0% |
| Turkey | 414 | 275 | 63.3 | 38.4 | -54.7% |
| Germany | 6.9 | 10.7 | 6.7 | 14.6 | 28.4% |
| Others | 23.3 | 7.0 | 9.5 | 20.5 | -4.2% |
| Total | 444 | 293 | 79.5 | 153 | -29.9% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Hungary in 2022:
- Slovenia (144.2 tons)
- Turkey (15.5 tons)
- Germany (4.9 tons)
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