Report Update: May 1, 2024

Hungary - Base Metal Staples In Strips For Use In Offices - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Office Metal Staple Price in Hungary - 2023

Office Metal Staple Price in Hungary (CIF) - 2023

The average office metal staple import price stood at $3,955 per ton in June 2023, falling by -25.9% against the previous month. Over the period under review, the import price showed a noticeable setback. The growth pace was the most rapid in May 2023 when the average import price increased by 107% m-o-m. Over the period under review, average import prices attained the maximum at $6,541 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,424 per ton), while the price for Austria ($832 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Office Metal Staple Price in Hungary (FOB) - 2023

The average office metal staple export price stood at $13,033 per ton in June 2023, picking up by 35% against the previous month. In general, the export price continues to indicate measured growth. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 107% against the previous month. Over the period under review, the average export prices hit record highs in June 2023.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was North Macedonia ($39,234 per ton), while the average price for exports to Russia ($4,242 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Office Metal Staple Imports in Hungary

In 2022, the amount of base metal staples in strips for use in offices imported into Hungary shrank slightly to 686 tons, with a decrease of -2.8% on 2021. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 706 tons, and then dropped slightly in the following year.

In value terms, office metal staple imports declined to $2.4M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $2.6M, and then dropped in the following year.

Import of Office Metal Staple in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	914	974	1,081	1,107	6.6%
Poland	172	206	328	287	18.6%
China	421	299	397	283	-12.4%
Austria	145	125	282	275	23.8%
Slovenia	63.0	75.4	102	82.7	9.5%
Italy	28.7	35.1	60.1	72.7	36.3%
Slovakia	29.0	28.6	78.5	57.8	25.8%
France	33.3	32.6	54.4	55.3	18.4%
Others	155	204	181	160	1.1%
Total	1,960	1,980	2,564	2,381	6.7%

Top Suppliers of Office Metal Staple to Hungary in 2022:

Austria (169.7 tons)
Germany (144.8 tons)
Poland (126.8 tons)
China (115.1 tons)
Slovenia (30.2 tons)
Slovakia (24.4 tons)
Italy (23.1 tons)
France (11.4 tons)

Office Metal Staple Exports in Hungary

For the third year in a row, Hungary recorded decline in shipments abroad of base metal staples in strips for use in offices, which decreased by -18.3% to 138 tons in 2022. In general, exports recorded a deep slump. The smallest decline of -1.2% was in 2021.

In value terms, office metal staple exports reduced to $980K in 2022. Overall, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.

Export of Office Metal Staple in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	315	316	449	331	1.7%
North Macedonia	174	114	85.6	171	-0.6%
Russia	383	319	302	136	-29.2%
Czech Republic	34.5	48.5	54.3	61.8	21.4%
Romania	60.2	70.1	62.9	58.5	-1.0%
Austria	8.5	0.6	0.5	58.3	90.0%
Slovakia	43.0	60.4	55.1	49.4	4.7%
Poland	33.2	30.1	37.1	28.3	-5.2%
Others	80.5	66.0	84.9	85.7	2.1%
Total	1,132	1,025	1,131	980	-4.7%

Top Export Markets for Office Metal Staple from Hungary in 2022:

Russia (42.6 tons)
Czech Republic (13.3 tons)
Romania (12.9 tons)
Austria (12.1 tons)
Ukraine (11.9 tons)
Poland (10.1 tons)
Slovakia (9.8 tons)
North Macedonia (5.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the office metal staple 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 25992350 - Base metal staples in strips for use in offices, upholstery and packaging

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023