Hungary - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Unwrought Zinc Alloys Price in Hungary - 2023

Contents:

  1. Unwrought Zinc Alloys Price in Hungary (CIF) - 2023
  2. Unwrought Zinc Alloys Price in Hungary (FOB) - 2022
  3. Unwrought Zinc Alloys Imports in Hungary
  4. Unwrought Zinc Alloys Exports in Hungary

Unwrought Zinc Alloys Price in Hungary (CIF) - 2023

In May 2023, the average unwrought zinc alloys import price amounted to $3,223 per ton, falling by -5.9% against the previous month. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in January 2023 an increase of 22% month-to-month. As a result, import price attained the peak level of $3,778 per ton. From February 2023 to May 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From June 2022 to May 2023, the rate of growth in terms of prices for China amounted to +2.8% per month.

Unwrought Zinc Alloys Price in Hungary (FOB) - 2022

The average unwrought zinc alloys export price stood at $2,633 per ton in 2022, surging by 10% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +8.6% per year.

Unwrought Zinc Alloys Imports in Hungary

Unwrought zinc alloys imports into Hungary declined to 3.4K tons in 2022, waning by -12.4% compared with the previous year. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports reached the peak of 3.9K tons, and then declined in the following year.

In value terms, unwrought zinc alloys imports reached $13M in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Unwrought Zinc Alloys in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1.52.94.46.058.7%
Austria2.31.64.03.515.0%
Netherlands1.61.11.71.95.9%
Germany3.21.10.20.8-37.0%
Bulgaria1.20.1N/AN/A-91.7%
Belgium1.21.21.6N/A15.5%
OthersN/A0.30.20.415.5%
Total11.08.312.012.64.6%

Top Suppliers of Unwrought Zinc Alloys to Hungary in 2022:

  1. Slovakia (1675.8 tons)
  2. Austria (934.1 tons)
  3. Netherlands (479.3 tons)
  4. Germany (199.4 tons)

Unwrought Zinc Alloys Exports in Hungary

In 2022, overseas shipments of unwrought zinc alloys decreased by -31.7% to 118 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, the exports attained the peak of 197 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, unwrought zinc alloys exports declined notably to $310K in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year.

Export of Unwrought Zinc Alloys in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2902894083092.1%
LuxembourgN/A90.1N/AN/A0%
Others0.27.63.41.176.5%
Total2903874113102.2%

Top Export Markets for Unwrought Zinc Alloys from Hungary in 2022:

  1. Austria (117.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc alloys 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 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)

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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Free Data: Unwrought Zinc Alloys - Hungary