Price for Chain; Articulated Link, Roller, of Iron or Steel in Hungary - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Hungary (CIF) - 2022
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Hungary (FOB) - 2023
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Hungary
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Hungary
Price for Chain; Articulated Link, Roller, of Iron or Steel in Hungary (CIF) - 2022
In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $8,614 per ton, rising by 3.9% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chain; articulated link, roller, of iron or steel increased by +71.0% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,582 per ton), while the price for China ($4,183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Hungary (FOB) - 2023
The average export price for chain; articulated link, roller, of iron or steel stood at $23,226 per ton in October 2023, with an increase of 15% against the previous month. Over the period under review, the export price continues to indicate a temperate increase. The pace of growth appeared the most rapid in September 2023 an increase of 68% m-o-m. The export price peaked in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($40,811 per ton), while the average price for exports to Ukraine ($20,120 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Hungary
In 2022, approx. 1.9K tons of chain; articulated link, roller, of iron or steel were imported into Hungary; shrinking by -3.9% compared with the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports attained the peak of 2K tons, and then fell in the following year.
In value terms, imports of chain; articulated link, roller, of iron or steel shrank slightly to $17M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $17M, leveling off in the following year.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 6.5 | 8.0 | 7.3 | 22.2% |
| Netherlands | 2.0 | 1.9 | 2.5 | 2.4 | 6.3% |
| China | 0.6 | 0.6 | 0.9 | 1.5 | 35.7% |
| France | 0.2 | 0.1 | 0.4 | 0.9 | 65.1% |
| Poland | 2.0 | 1.3 | 0.8 | 0.4 | -41.5% |
| Czech Republic | 1.1 | 0.3 | 0.3 | 0.3 | -35.2% |
| Austria | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
| Slovenia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United Kingdom | 1.0 | 0.8 | N/A | N/A | -20.0% |
| Others | 1.4 | 1.8 | 3.1 | 3.4 | 34.4% |
| Total | 13.0 | 13.9 | 16.7 | 16.7 | 8.7% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Hungary in 2022:
- Germany (1001.3 tons)
- China (348.4 tons)
- Netherlands (169.0 tons)
- France (93.7 tons)
- Czech Republic (41.6 tons)
- Slovenia (34.0 tons)
- Austria (33.6 tons)
- Poland (26.6 tons)
- United Kingdom (1.9 tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Hungary
In 2022, approx. 242 tons of chain; articulated link, roller, of iron or steel were exported from Hungary; declining by -22.6% compared with the previous year. In general, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 313 tons, and then reduced dramatically in the following year.
In value terms, exports of chain; articulated link, roller, of iron or steel plummeted to $1.8M in 2022. Overall, exports showed a mild decline. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $2.2M, and then fell sharply in the following year.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 809 | 672 | 966 | 736 | -3.1% |
| Romania | 310 | 249 | 362 | 266 | -5.0% |
| Ukraine | 154 | 173 | 182 | 183 | 5.9% |
| Slovakia | 124 | 117 | 156 | 112 | -3.3% |
| Serbia | 45.5 | 123 | 92.0 | 81.3 | 21.3% |
| Russia | 79.8 | 55.5 | 16.8 | 25.8 | -31.4% |
| Belarus | 5.6 | 6.3 | 10.9 | 15.9 | 41.6% |
| Others | 393 | 475 | 399 | 418 | 2.1% |
| Total | 1,922 | 1,871 | 2,185 | 1,838 | -1.5% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Hungary in 2022:
- Germany (144.2 tons)
- Ukraine (25.7 tons)
- Romania (19.7 tons)
- Slovakia (17.0 tons)
- Serbia (6.5 tons)
- Russia (6.4 tons)
- Belarus (4.2 tons)
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