Hungary: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Hungary

In 2022, the Hungarian coal other than lignite market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Coal other than lignite consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Coal Other than Lignite in Hungary

In value terms, coal other than lignite production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Coal Other than Lignite

Exports from Hungary

In 2022, overseas shipments of coal other than lignites were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, coal other than lignite exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for coal other than lignite exports from Hungary, with a X% share of total exports. Moreover, coal other than lignite exports to Slovakia exceeded the volume sent to the second major destination, Ukraine (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia totaled X%.

In value terms, Slovakia ($X) remains the key foreign market for coal other than lignites exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Slovakia stood at X%.

Export Prices by Country

The average coal other than lignite export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Slovakia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coal Other than Lignite

Imports into Hungary

In 2022, purchases abroad of coal other than lignites was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, coal other than lignite imports soared to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest coal other than lignite supplier to Hungary, accounting for a X% share of total imports. Moreover, coal other than lignite imports from the United States exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fourfold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Poland (X% per year).

In value terms, the United States ($X) constituted the largest supplier of coal other than lignites to Hungary, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Ukraine, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Ukraine (X% per year).

Import Prices by Country

In 2022, the average coal other than lignite import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coal other than lignite import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :