Hungary - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOxygen Price in Hungary - 2023
Contents:
- Oxygen Price in Hungary (CIF) - 2022
- Oxygen Price in Hungary (FOB) - 2022
- Oxygen Imports in Hungary
- Oxygen Exports in Hungary
Oxygen Price in Hungary (CIF) - 2022
In 2022, the average oxygen import price amounted to $0.2 per cubic meter, increasing by 26% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $0.2 per cubic meter in 2013; however, from 2014 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 Italy ($0.3 per cubic meter), while the price for Austria ($0.2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Oxygen Price in Hungary (FOB) - 2022
The average oxygen export price stood at $0.3 per cubic meter in 2022, with an increase of 91% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($0.7 per cubic meter), while the average price for exports to Slovenia ($0.1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Oxygen Imports in Hungary
Oxygen imports into Hungary reduced sharply to 7M cubic meters in 2022, with a decrease of -40% against the previous year's figure. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, imports reached the peak of 12M cubic meters, and then reduced markedly in the following year.
In value terms, oxygen imports contracted markedly to $1.6M in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $2.1M, and then shrank rapidly in the following year.
| Import of Oxygen in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 346 | 626 | 1,154 | 815 | 33.1% |
| Slovenia | 76.1 | 64.0 | 203 | 377 | 70.5% |
| Poland | N/A | N/A | 415 | 232 | -44.1% |
| Czech Republic | 845 | 319 | 136 | 67.0 | -57.0% |
| Italy | 84.3 | 50.2 | 97.0 | 47.7 | -17.3% |
| Others | 76.3 | 84.9 | 113 | 57.3 | -9.1% |
| Total | 1,428 | 1,145 | 2,118 | 1,596 | 3.8% |
Top Suppliers of Oxygen to Hungary in 2022:
- Austria (4.4M cubic meters)
- Slovenia (1.4M cubic meters)
- Poland (0.7M cubic meters)
- Czech Republic (0.2M cubic meters)
- Italy (0.1M cubic meters)
Oxygen Exports in Hungary
After three years of growth, shipments abroad of oxygen decreased by -45.1% to 6.2M cubic meters in 2022. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 13%. As a result, the exports attained the peak of 11M cubic meters, and then dropped dramatically in the following year.
In value terms, oxygen exports reached $1.7M in 2022. The total export value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Oxygen in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 1,027 | 1,005 | 902 | 822 | -7.2% |
| Italy | N/A | N/A | 6.8 | 243 | 3473.5% |
| Serbia | 93.5 | 205 | 256 | 179 | 24.2% |
| Czech Republic | 23.7 | 44.2 | 25.1 | 44.5 | 23.4% |
| Slovenia | 5.6 | 4.3 | 14.2 | 11.2 | 26.0% |
| Others | 83.9 | 116 | 406 | 390 | 66.9% |
| Total | 1,234 | 1,375 | 1,610 | 1,691 | 11.1% |
Top Export Markets for Oxygen from Hungary in 2022:
- Slovakia (4.3M cubic meters)
- Serbia (1.1M cubic meters)
- Italy (0.3M cubic meters)
- Czech Republic (0.1M cubic meters)
- Slovenia (0.1M cubic meters)
This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen
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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