Hungary: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Hungary

The Hungarian articles of fiber cement market amounted to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a abrupt shrinkage. Articles of fiber cement consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Hungary

In value terms, articles of fiber cement production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Articles of fiber cement production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Hungary

In 2022, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, articles of fiber cement exports declined rapidly to $X in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Denmark (X tons), Norway (X tons) and Sweden (X tons) were the main destinations of articles of fiber cement exports from Hungary, together accounting for X% of total exports. Finland, Poland, the United States, the Czech Republic, Belgium, the Netherlands, Estonia, Australia, the UK and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Norway ($X) appeared to be the largest markets for articles of fiber cement exported from Hungary worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Norway, with a CAGR of X%, saw the highest growth rate of 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

The average articles of fiber cement export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Poland ($X 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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Hungary

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into Hungary; with a decrease of X% compared with 2021 figures. Over the period under review, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then declined rapidly in the following year.

In value terms, articles of fiber cement imports dropped significantly to $X in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2021, and then declined sharply in the following year.

Imports by Country

Finland (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of articles of fiber cement imports to Hungary, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Hungary, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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