Hungary - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAbrasives Price in Hungary - 2023
Contents:
- Abrasives Price in Hungary (CIF) - 2022
- Abrasives Price in Hungary (FOB) - 2022
- Abrasives Imports in Hungary
- Abrasives Exports in Hungary
Abrasives Price in Hungary (CIF) - 2022
The average abrasives import price stood at $1,087 per ton in 2022, which is down by -7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 69% against the previous year. The import price peaked at $1,417 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($2,226 per ton), while the price for Turkey ($271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Abrasives Price in Hungary (FOB) - 2022
In 2022, the average abrasives export price amounted to $646 per ton, waning by -2.8% against the previous year. In general, the export price saw a sharp decrease. The growth pace was the most rapid in 2015 when the average export price increased by 95% against the previous year. As a result, the export price reached the peak level of $33,958 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($699 per ton), while the average price for exports to Serbia ($585 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 Moldova (+1.4%), while the prices for the other major destinations experienced a decline.
Abrasives Imports in Hungary
In 2022, the amount of abrasives (natural) imported into Hungary soared to 895 tons, picking up by 28% against the previous year. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, abrasives imports surged to $973K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Abrasives in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 231 | 497 | 115.2% |
| China | 287 | 240 | 156 | 129 | -23.4% |
| Germany | 326 | 283 | 48.1 | 93.3 | -34.1% |
| Slovakia | 1.8 | 2.2 | 5.8 | 62.8 | 226.8% |
| Turkey | 44.2 | 14.8 | 53.6 | 20.6 | -22.5% |
| Others | 35.5 | 34.1 | 321 | 172 | 69.2% |
| Total | 695 | 574 | 815 | 973 | 11.9% |
Top Suppliers of Abrasives to Hungary in 2022:
- Netherlands (483.2 tons)
- Germany (152.1 tons)
- China (132.3 tons)
- Turkey (76.0 tons)
- Slovakia (28.2 tons)
Abrasives Exports in Hungary
In 2022, overseas shipments of abrasives (natural) decreased by -15.1% to 124 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of 146 tons, and then declined significantly in the following year.
In value terms, abrasives exports dropped markedly to $80K in 2022. In general, total exports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports attained the peak of $97K, and then contracted sharply in the following year.
| Export of Abrasives in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 32.3 | 12.9 | 27.8 | 42.7 | 9.8% |
| Serbia | 15.7 | 22.6 | 27.6 | 26.2 | 18.6% |
| Slovakia | 13.7 | 6.6 | 2.8 | 6.4 | -22.4% |
| Others | 10.0 | 9.0 | 39.2 | 5.1 | -20.1% |
| Total | 71.7 | 51.1 | 97.4 | 80.4 | 3.9% |
Top Export Markets for Abrasives from Hungary in 2022:
- Romania (70.1 tons)
- Serbia (44.7 tons)
- Slovakia (9.2 tons)
This report provides an in-depth analysis of the abrasives market 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 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
- Prodcom 08992220 -
- Prodcom 08992230 -
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
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This report provides an in-depth analysis of the abrasives market in Hungary.
807
This report provides an in-depth analysis of the global abrasives market.
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Global Natural Abrasives Market Report 2018. This report provides an in-depth analysis of the global natural abrasives market.
357
This report provides an in-depth analysis of the abrasives market in Hungary.
807
This report provides an in-depth analysis of the global abrasives market.
479
Global Natural Abrasives Market Report 2018. This report provides an in-depth analysis of the global natural abrasives market.
325
The global abrasives market is growing rapidly, fueled by increasing demand in various industries such as automotive, construction, and metalworking. Discover the top import markets for abrasives based on import value, including the United States, Netherlands, United Kingdom, China, and the United Arab Emirates. Learn how these countries are driving the growth of the abrasive industry and how businesses can leverage these import markets through platforms like IndexBox.
1392
Global abrasive imports stood at X tons in 2016, declining by -X% against the previous year level. Overall, abrasive imports continue to indicate a relatively flat trend pattern. The pace of gr...
1030
Global abrasive imports stood at X tons in 2016, declining by -X% against the previous year level. Overall, abrasive imports continue to indicate a relatively flat trend pattern. The pace of gr...
1974
The global natural abrasives trade amounted to X million USD in 2015, falling from X million USD in 2014. However, the previous gains allowed keeping the overall growth positive, with a CAGR of +X% from 2007 to 2015.
325
The global abrasives market is growing rapidly, fueled by increasing demand in various industries such as automotive, construction, and metalworking. Discover the top import markets for abrasives based on import value, including the United States, Netherlands, United Kingdom, China, and the United Arab Emirates. Learn how these countries are driving the growth of the abrasive industry and how businesses can leverage these import markets through platforms like IndexBox.
