Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $13,681 per ton, rising by 7.8% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the peak figure at $21,137 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($26,384 per ton), while the price for China ($5,635 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $33,299 per ton, waning by -9.9% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 55%. Over the period under review, the average export prices reached the maximum at $36,968 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($130,613 per ton), while the average price for exports to Romania ($10,970 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 Belgium (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary
Imports of iron or steel; non-threaded cotters and cotter-pinses into Hungary declined to 523 tons in 2022, which is down by -13.7% on 2021. Over the period under review, imports saw a drastic downturn. The smallest decline of -5.4% was in 2021.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses reduced to $7.2M in 2022. Overall, imports saw a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 19%.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,996 | 3,697 | 3,901 | 3,229 | -13.5% |
| Czech Republic | 948 | 632 | 567 | 579 | -15.2% |
| Sweden | 148 | 301 | 548 | 558 | 55.6% |
| South Korea | 613 | 664 | 741 | 427 | -11.4% |
| China | 156 | 189 | 253 | 356 | 31.7% |
| United Kingdom | 50.9 | 29.0 | 327 | 251 | 70.2% |
| Austria | 64.2 | 60.6 | 75.0 | 207 | 47.7% |
| Others | 1,059 | 888 | 1,279 | 1,551 | 13.6% |
| Total | 8,035 | 6,460 | 7,690 | 7,159 | -3.8% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Hungary in 2022:
- Germany (233.8 tons)
- China (63.2 tons)
- Czech Republic (42.5 tons)
- South Korea (37.8 tons)
- United Kingdom (34.8 tons)
- Austria (23.8 tons)
- Sweden (21.1 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary
In 2022, overseas shipments of iron or steel; non-threaded cotters and cotter-pinses decreased by -25.2% to 27 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 16%. As a result, the exports reached the peak of 41 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses contracted sharply to $893K in 2022. In general, exports showed a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $1.3M, and then reduced notably in the following year.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 124 | 177 | 76.5 | 133 | 2.4% |
| Romania | 47.3 | 74.0 | 113 | 110 | 32.5% |
| Italy | 98.8 | 91.2 | 95.5 | 75.9 | -8.4% |
| Belgium | 46.1 | 33.5 | 38.9 | 59.4 | 8.8% |
| Germany | 257 | 172 | 110 | 56.4 | -39.7% |
| Czech Republic | 33.6 | 31.3 | 42.8 | 39.9 | 5.9% |
| Poland | 39.0 | 36.6 | 45.0 | 37.1 | -1.7% |
| Spain | 12.3 | 11.0 | 8.6 | 26.7 | 29.5% |
| United Kingdom | 22.1 | 20.9 | 59.5 | 25.5 | 4.9% |
| Ukraine | 57.7 | 23.4 | 56.6 | 24.2 | -25.1% |
| Slovakia | 12.2 | 13.1 | 17.6 | 24.1 | 25.5% |
| Russia | 69.0 | 224 | 450 | 20.4 | -33.4% |
| United States | 10.4 | 13.4 | 15.5 | 14.5 | 11.7% |
| Others | 207 | 217 | 196 | 247 | 6.1% |
| Total | 1,037 | 1,138 | 1,325 | 893 | -4.9% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Hungary in 2022:
- Romania (10.0 tons)
- China (2.9 tons)
- Czech Republic (1.6 tons)
- Germany (1.4 tons)
- Italy (1.0 tons)
- Slovakia (1.0 tons)
- Spain (1.0 tons)
- United States (0.9 tons)
- Poland (0.8 tons)
- Ukraine (0.6 tons)
- United Kingdom (0.6 tons)
- Belgium (0.5 tons)
- Russia (0.4 tons)
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