Hungary - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights

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Safety Glass Price in Hungary - 2023

Contents:

  1. Safety Glass Price in Hungary (FOB) - 2023
  2. Safety Glass Price in Hungary (CIF) - 2022
  3. Safety Glass Exports in Hungary
  4. Safety Glass Imports in Hungary

Safety Glass Price in Hungary (FOB) - 2023

In June 2023, the average safety glass export price amounted to $37.7 per square meter, approximately mirroring the previous month. Overall, export price indicated a prominent increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, safety glass export price decreased by -2.3% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 32% month-to-month. The export price peaked at $40.0 per square meter in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Czech Republic ($55.3 per square meter), while the average price for exports to Slovenia ($19.5 per square meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Price in Hungary (CIF) - 2022

The average safety glass import price stood at $38 per square meter in 2021, which is down by -9.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 19%. The import price peaked at $48 per square meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($187 per square meter), while the price for Bulgaria ($2 per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Safety Glass Exports in Hungary

In 2022, the amount of safety glass exported from Hungary rose modestly to 8.4M square meters, with an increase of 3.7% on the previous year's figure. Overall, exports, however, continue to indicate a perceptible descent. Over the period under review, the exports hit record highs at 9.1M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, safety glass exports expanded to $206M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Safety Glass in Hungary (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany54.950.842.5-12.0%
Belgium20.421.622.96.0%
Slovakia29.622.620.2-17.4%
Czech Republic22.820.719.5-7.5%
Romania13.714.117.412.7%
France15.217.714.8-1.3%
Croatia8.16.07.4-4.4%
Austria5.05.77.119.2%
Serbia6.15.26.64.0%
Bosnia and Herzegovina2.73.24.731.9%
Slovenia2.21.94.238.2%
Bulgaria1.52.32.939.0%
KosovoN/A1.42.257.1%
Others23.319.924.52.5%
Total206193197-2.2%

Top Export Markets for Safety Glass from Hungary in 2022:

  1. Germany (1652.3K square meters)
  2. Belgium (1237.8K square meters)
  3. Slovakia (806.5K square meters)
  4. Romania (614.9K square meters)
  5. France (541.8K square meters)
  6. Czech Republic (518.1K square meters)
  7. Croatia (498.9K square meters)
  8. Bosnia and Herzegovina (320.3K square meters)
  9. Serbia (312.2K square meters)
  10. Austria (268.7K square meters)
  11. Slovenia (237.0K square meters)
  12. Bulgaria (165.0K square meters)
  13. Kosovo (145.6K square meters)

Safety Glass Imports in Hungary

In 2022, the amount of safety glass imported into Hungary expanded modestly to 4.3M square meters, with an increase of 2.5% compared with the year before. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, safety glass imports reduced slightly to $152M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 11%. Over the period under review, imports attained the peak figure at $159M in 2021, and then reduced in the following year.

Import of Safety Glass in Hungary (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany44.755.357.413.3%
China19.117.719.51.0%
Poland17.214.317.50.9%
Romania7.55.85.7-12.8%
Italy7.93.85.2-18.9%
Turkey3.74.64.813.9%
Slovakia2.22.34.746.2%
Bulgaria0.70.80.86.9%
Others38.252.543.36.5%
Total1411571596.2%

Top Suppliers of Safety Glass to Hungary in 2022:

  1. Germany (969.7K square meters)
  2. China (610.3K square meters)
  3. Bulgaria (402.8K square meters)
  4. Poland (295.6K square meters)
  5. Italy (257.5K square meters)
  6. Romania (205.1K square meters)
  7. Turkey (192.1K square meters)
  8. Slovakia (183.3K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safety glass market 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 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
  • Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
  • Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
  • Prodcom 23121270 - Laminated safety glass, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Which Country Exports the Most Safety Glass in the World?
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In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

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Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.

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China boosted safety glass supplies abroad nearly threefold in the past decade, from $1.3B to $3.0B, topping the global exporter ranking. With an average annual growth rate of +8.5% over the last decade, China emerges as the fastest-growing supplier. Germany held the leading position in global exports until 2010, but now, it remains the largest safety glass importer, along with the U.S. and Vietnam. In 2020, the global safety glass trade reduced by -6% y-o-y to 366M square meters, and China’s supplies accounted for 58% of that volume. In value terms, global trade fell to $9.5B last year, dropping by -10% y-o-y.

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May 28, 2018
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In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Which Country Exports the Most Safety Glass in the World?
May 28, 2018
Eye 708

In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Free Data: Safety Glass - Hungary