Hungary - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in Hungary - 2023
Contents:
- Base Metal Keys Price in Hungary (CIF) - 2023
- Base Metal Keys Price in Hungary (FOB) - 2022
- Base Metal Keys Imports in Hungary
- Base Metal Keys Exports in Hungary
Base Metal Keys Price in Hungary (CIF) - 2023
In July 2023, the average base metal keys import price amounted to $45,023 per ton, with a decrease of -4.3% against the previous month. Overall, import price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, base metal keys import price increased by +88.3% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 97% m-o-m. As a result, import price reached the peak level of $47,034 per ton, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($46,192 per ton), while the price for Sweden ($17,424 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 Italy (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Keys Price in Hungary (FOB) - 2022
The average base metal keys export price stood at $131,436 per ton in 2022, surging by 4.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 108% against the previous year. The export price peaked at $180,898 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($205,448 per ton), while the average price for exports to Mexico ($25,316 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 Italy (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Keys Imports in Hungary
For the fourth year in a row, Hungary recorded growth in purchases abroad of base metal keys, which increased by 30% to 438 tons in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, base metal keys imports rose significantly to $18M in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent.
| Import of Base Metal Keys in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.1 | 13.6 | 14.0 | 16.3 | -11.0% |
| Italy | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Sweden | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Poland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Slovakia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Hong Kong SAR | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
| Others | 1.0 | 1.1 | 1.1 | 1.0 | 0.0% |
| Total | 25.2 | 15.7 | 15.9 | 18.0 | -10.6% |
Top Suppliers of Base Metal Keys to Hungary in 2022:
- Germany (369.5 tons)
- Sweden (14.9 tons)
- Italy (14.8 tons)
- Poland (12.0 tons)
- Slovakia (7.1 tons)
- Hong Kong SAR (1.2 tons)
Base Metal Keys Exports in Hungary
In 2022, the amount of base metal keys exported from Hungary fell to 6.7 tons, dropping by -12.5% on the year before. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 36%.
In value terms, base metal keys exports reduced to $875K in 2022. Over the period under review, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by 8.4% against the previous year.
| Export of Base Metal Keys in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 162 | 164 | 152 | 150 | -2.5% |
| Romania | 110 | 117 | 130 | 141 | 8.6% |
| Germany | 105 | 107 | 81.1 | 76.6 | -10.0% |
| Belgium | 9.0 | 21.6 | 56.4 | 44.5 | 70.4% |
| Serbia | 21.1 | 22.6 | 27.2 | 28.2 | 10.2% |
| Italy | 41.4 | 39.5 | 37.6 | 25.3 | -15.1% |
| Slovenia | 14.3 | 8.4 | 31.7 | 23.3 | 17.7% |
| Switzerland | 13.9 | 11.9 | 10.6 | 22.4 | 17.2% |
| Czech Republic | 74.9 | 19.5 | 19.8 | 20.8 | -34.8% |
| Slovakia | 30.9 | 16.5 | 22.4 | 17.6 | -17.1% |
| United States | 16.4 | 10.4 | 8.7 | 14.3 | -4.5% |
| Spain | 3.5 | 5.5 | 3.4 | 5.8 | 18.3% |
| Mexico | 4.1 | 7.2 | 3.0 | 4.7 | 4.7% |
| Others | 400 | 333 | 375 | 301 | -9.0% |
| Total | 1,006 | 885 | 959 | 875 | -4.5% |
Top Export Markets for Base Metal Keys from Hungary in 2022:
- France (1391.0 kg)
- Germany (962.0 kg)
- Romania (685.0 kg)
- Slovakia (511.0 kg)
- Belgium (507.0 kg)
- United States (235.0 kg)
- Serbia (223.0 kg)
- Italy (215.0 kg)
- Mexico (187.0 kg)
- Slovenia (151.0 kg)
- Czech Republic (124.0 kg)
- Spain (120.0 kg)
- Switzerland (113.0 kg)
This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
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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