Hungary - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Welded Link Chain in Hungary - 2023
Contents:
- Price for Metal Welded Link Chain in Hungary (CIF) - 2023
- Price for Metal Welded Link Chain in Hungary (FOB) - 2023
- Imports of Metal Welded Link Chain in Hungary
- Exports of Metal Welded Link Chain in Hungary
Price for Metal Welded Link Chain in Hungary (CIF) - 2023
In July 2023, the average metal welded link chain import price amounted to $2,503 per ton, dropping by -18.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 44% month-to-month. The import price peaked at $4,259 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($3,722 per ton), while the price for Slovakia ($1,170 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 China (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Welded Link Chain in Hungary (FOB) - 2023
The average metal welded link chain export price stood at $2,384 per ton in July 2023, shrinking by -13.3% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 25% m-o-m. Over the period under review, the average export prices hit record highs at $3,772 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Switzerland ($2,424 per ton), while the average price for exports to Serbia ($1,342 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Metal Welded Link Chain in Hungary
For the third consecutive year, Hungary recorded decline in supplies from abroad of welded link chain of iron or steel, which decreased by -21.2% to 1K tons in 2022. In general, imports faced a deep downturn. The smallest decline of -4% was in 2021.
In value terms, metal welded link chain imports reached $3M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 13%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Metal Welded Link Chain in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 1,556 | 1,309 | 1,557 | 1,494 | -1.3% |
| Germany | 306 | 277 | 427 | 543 | 21.1% |
| China | 221 | 383 | 391 | 539 | 34.6% |
| Slovakia | 38.1 | 30.4 | 52.6 | 67.9 | 21.2% |
| Czech Republic | 102 | 87.2 | 79.8 | 35.9 | -29.4% |
| Poland | 109 | 125 | 123 | 34.2 | -32.0% |
| Others | 500 | 375 | 305 | 265 | -19.1% |
| Total | 2,832 | 2,587 | 2,934 | 2,978 | 1.7% |
Top Suppliers of Metal Welded Link Chain to Hungary in 2022:
- Serbia (625.3 tons)
- China (239.8 tons)
- Germany (67.2 tons)
- Slovakia (37.2 tons)
- Czech Republic (11.6 tons)
- Poland (7.3 tons)
Exports of Metal Welded Link Chain in Hungary
Metal welded link chain exports from Hungary shrank dramatically to 597 tons in 2022, with a decrease of -21.4% on the previous year's figure. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 487% against the previous year. As a result, the exports reached the peak of 760 tons, and then dropped sharply in the following year.
In value terms, metal welded link chain exports contracted slightly to $1.6M in 2022. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 293% against the previous year. As a result, the exports attained the peak of $1.6M, and then reduced slightly in the following year.
| Export of Metal Welded Link Chain in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 152 | 17.2 | 1,238 | 1,282 | 103.6% |
| Switzerland | 89.2 | 96.7 | 116 | 78.6 | -4.1% |
| Romania | 30.6 | 25.8 | 33.5 | 16.7 | -18.3% |
| United Kingdom | 442 | 64.1 | N/A | N/A | -85.5% |
| Others | 193 | 197 | 186 | 177 | -2.8% |
| Total | 907 | 401 | 1,574 | 1,555 | 19.7% |
Top Export Markets for Metal Welded Link Chain from Hungary in 2022:
- Germany (534.5 tons)
- Switzerland (30.0 tons)
- Romania (4.8 tons)
This report provides an in-depth analysis of the market for metal welded link chain 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 25931724 - Welded link chain of iron or steel (excluding articulated link chain, skid chain and stud-link chain)
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
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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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In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
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In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
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In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
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