Hungary - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in Hungary - 2023
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in Hungary (FOB) - 2023
- Price for Ready-Mixed Concrete and Factory Made Mortar in Hungary (CIF) - 2022
- Exports of Ready-Mixed Concrete and Factory Made Mortar in Hungary
- Imports of Ready-Mixed Concrete and Factory Made Mortar in Hungary
Price for Ready-Mixed Concrete and Factory Made Mortar in Hungary (FOB) - 2023
In September 2023, the average export price for ready-mixed concrete and factory made mortars amounted to $152 per ton, increasing by 7.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in January 2023 an increase of 23% month-to-month. As a result, the export price attained the peak level of $179 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($738 per ton), while the average price for exports to Slovakia ($80.0 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ready-Mixed Concrete and Factory Made Mortar in Hungary (CIF) - 2022
The average import price for ready-mixed concrete and factory made mortars stood at $228 per ton in 2022, declining by -18.9% against the previous year. In general, the import price showed a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of 15%. The import price peaked at $321 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($506 per ton), while the price for Croatia ($75 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ready-Mixed Concrete and Factory Made Mortar in Hungary
In 2022, shipments abroad of ready-mixed concrete and factory made mortars decreased by -5.2% to 65K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, the exports attained the peak of 95K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ready-mixed concrete and factory made mortars expanded modestly to $9.2M in 2022. The total export value increased at an average annual rate of +4.1% 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 2020 with an increase of 33% against the previous year. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Ready-Mixed Concrete and Factory Made Mortar in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 3.9 | 4.4 | 2.6 | 2.5 | -13.8% |
Austria | 0.5 | 0.7 | 1.2 | 1.2 | 33.9% |
Romania | 0.3 | 1.3 | 1.0 | 1.1 | 54.2% |
Poland | 1.5 | 1.4 | 1.2 | 1.0 | -12.6% |
Slovenia | 0.4 | 0.9 | 1.0 | 1.0 | 35.7% |
Croatia | 0.2 | 0.5 | 0.6 | 0.9 | 65.1% |
Serbia | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
Others | 0.8 | 1.2 | 0.9 | 1.0 | 7.7% |
Total | 8.2 | 10.9 | 8.9 | 9.2 | 3.9% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Hungary in 2022:
- Slovakia (38.9K tons)
- Slovenia (7.3K tons)
- Croatia (6.3K tons)
- Romania (3.7K tons)
- Serbia (3.1K tons)
- Austria (2.8K tons)
- Poland (1.4K tons)
Imports of Ready-Mixed Concrete and Factory Made Mortar in Hungary
Imports of ready-mixed concrete and factory made mortars into Hungary reached 38K tons in 2022, with an increase of 12% on 2021 figures. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ready-mixed concrete and factory made mortars declined to $8.6M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 9.4%.
Import of Ready-Mixed Concrete and Factory Made Mortar in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 2,145 | 2,232 | 2,413 | 2,208 | 1.0% |
Romania | 1,126 | 1,081 | 1,285 | 1,823 | 17.4% |
Italy | 1,365 | 1,247 | 1,512 | 1,333 | -0.8% |
Germany | 984 | 1,047 | 1,415 | 1,301 | 9.8% |
Czech Republic | 886 | 686 | 553 | 477 | -18.6% |
Austria | 516 | 1,419 | 1,009 | 367 | -10.7% |
Croatia | 211 | 224 | 263 | 291 | 11.3% |
Slovakia | 196 | 200 | 239 | 283 | 13.0% |
Serbia | 401 | 293 | 67.1 | 52.7 | -49.2% |
Others | 216 | 372 | 664 | 431 | 25.9% |
Total | 8,046 | 8,800 | 9,419 | 8,568 | 2.1% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Hungary in 2022:
- Romania (14.0K tons)
- Poland (5.8K tons)
- Croatia (3.9K tons)
- Czech Republic (3.5K tons)
- Slovakia (2.9K tons)
- Italy (2.7K tons)
- Germany (2.6K tons)
- Austria (1.1K tons)
- Serbia (0.2K tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
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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