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Hungary - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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Hungary: Alumina Market Overview 2020

Alumina Market Size in Hungary

In 2019, after two years of growth, there was significant decline in the Hungarian alumina market, when its value decreased by -X% to $X. Overall, consumption continues to indicate a pronounced descent. The growth pace was the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Alumina Production in Hungary

In value terms, alumina production fell remarkably to $X in 2019 estimated in export prices. Over the period under review, production recorded a abrupt decrease. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

Alumina Exports

Exports from Hungary

In 2019, exports of alumina from Hungary expanded markedly to X tonnes, surging by X% against the year before. Overall, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, alumina exports fell remarkably to $X in 2019. Over the period under review, exports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X tonnes), Italy (X tonnes) and Germany (X tonnes) were the main destinations of alumina exports from Hungary, together accounting for X% of total exports. These countries were followed by the UK, the Czech Republic, Poland, Sweden, the U.S., France, Slovakia, Austria, Romania and Spain, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S., while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alumina exported from Hungary were Slovenia ($X), Italy ($X) and Germany ($X), together comprising X% of total exports. The UK, the Czech Republic, the U.S., Poland, France, Slovakia, Sweden, Austria, Romania and Spain lagged somewhat behind, together accounting for a further X the main countries of destination, the U.S. saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average alumina export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, export price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. The export price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Hungary

Alumina imports into Hungary soared to X tonnes in 2019, jumping by X% against 2018. In general, imports showed a prominent expansion. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, alumina imports reached $X in 2019. Overall, imports showed a buoyant expansion. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to see gradual growth in years to come.

Imports by Country

In 2018, Germany (X tonnes) was the main supplier of alumina to Hungary, accounting for a X% share of total imports. Moreover, alumina imports from Germany exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tonnes), twofold. Ukraine (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+X% per year) and Ukraine (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of alumina to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Bosnia and Herzegovina ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+X% per year) and France (+X% per year).

Import Prices by Country

The average alumina import price stood at $X per tonne in 2018, declining by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per tonne), while the price for Bosnia and Herzegovina ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ukraine, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?
+
The country with the largest volume of alumina consumption was China (82M tonnes), accounting for 60% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, Russia (8.8M tonnes), ninefold. The third position in this ranking was occupied by India (8.4M tonnes), with a 6.2% share.
What are the largest producers of alumina in the world?
+
China (81M tonnes) remains the largest alumina producing country worldwide, comprising approx. 58% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fourfold. The third position in this ranking was occupied by Brazil (8.9M tonnes), with a 6.3% share.
What are the leading suppliers of alumina to Hungary?
+
In value terms, Germany ($21M) constituted the largest supplier of alumina to Hungary, comprising 51% of total imports. The second position in the ranking was occupied by Bosnia and Herzegovina ($7M), with a 17% share of total imports. It was followed by France, with a 7.7% share.
What are the leading importers of alumina from Hungary?
+
In value terms, Slovenia ($6.7M), Italy ($4.1M) and Germany ($3.8M) appeared to be the largest markets for alumina exported from Hungary worldwide, with a combined 61% share of total exports. These countries were followed by the UK, the Czech Republic, the U.S., Poland, France, Slovakia, Sweden, Austria, Romania and Spain, which together accounted for a further 56%.
What is the average export price for alumina in Hungary?
+
In 2018, the average alumina export price amounted to $878 per tonne, with an increase of 24% against the previous year.
What is the average import price for alumina in Hungary?
+
In 2018, the average alumina import price amounted to $1,312 per tonne, dropping by -8.7% against the previous year.

Product coverage:

This report provides an in-depth analysis of the alumina 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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