Hungary - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Seamless Pipe in Hungary - 2023
Contents:
- Price for Stainless Steel Seamless Pipe in Hungary (CIF) - 2022
- Price for Stainless Steel Seamless Pipe in Hungary (FOB) - 2022
- Imports of Stainless Steel Seamless Pipe in Hungary
- Exports of Stainless Steel Seamless Pipe in Hungary
Price for Stainless Steel Seamless Pipe in Hungary (CIF) - 2022
In 2022, the average stainless steel seamless pipe import price amounted to $3,479 per ton, surging by 22% against the previous year. Over the period under review, the import price enjoyed moderate growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 196% against the previous year. The import price peaked at $7,895 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($15,426 per ton), while the price for Italy ($1,367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+54.6%), while the prices for the other major suppliers experienced a decline.
Price for Stainless Steel Seamless Pipe in Hungary (FOB) - 2022
In 2022, the average stainless steel seamless pipe export price amounted to $14,570 per ton, waning by -9.7% against the previous year. Over the period under review, the export price, however, saw a modest increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 147%. Over the period under review, the average export prices hit record highs at $17,674 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($16,300 per ton), while the average price for exports to the United States ($4,672 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 Romania (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel Seamless Pipe in Hungary
In 2022, the amount of stainless steel seamless pipe for oil and gas imported into Hungary skyrocketed to 600 tons, with an increase of 91% on the year before. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 482% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, stainless steel seamless pipe imports soared to $2.1M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 280% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Stainless Steel Seamless Pipe in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 7.9 | 5.5 | 1,033 | 1043.5% |
| Italy | 102 | 59.2 | 383 | 592 | 79.7% |
| Netherlands | 70.0 | 65.9 | 312 | 350 | 71.0% |
| India | 317 | N/A | N/A | N/A | 0% |
| Others | 67.0 | 103 | 194 | 112 | 18.7% |
| Total | 556 | 236 | 895 | 2,087 | 55.4% |
Top Suppliers of Stainless Steel Seamless Pipe to Hungary in 2022:
- Italy (433.5 tons)
- China (138.2 tons)
- Netherlands (22.7 tons)
Exports of Stainless Steel Seamless Pipe in Hungary
In 2022, after three years of growth, there was significant decline in shipments abroad of stainless steel seamless pipe for oil and gas, when their volume decreased by -94.4% to 428 kg. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 194% against the previous year.
In value terms, stainless steel seamless pipe exports shrank dramatically to $6.2K in 2022. Overall, exports recorded a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 133% against the previous year.
| Export of Stainless Steel Seamless Pipe in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | N/A | 5.0 | 0% |
| Italy | 11.6 | 1.8 | 0.2 | 0.4 | -67.5% |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 0.9 | 1.8 | 4.1 | 0.1 | -51.9% |
| Austria | 24.3 | 75.1 | 118 | N/A | 120.4% |
| Serbia | N/A | 7.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 36.8 | 85.8 | 122 | 6.2 | -44.8% |
Top Export Markets for Stainless Steel Seamless Pipe from Hungary in 2022:
- Romania (307.0 kg)
- United States (67.0 kg)
- Italy (38.0 kg)
- Germany (11.0 kg)
This report provides an in-depth analysis of the market for stainless steel seamless pipe 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 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel
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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