Report Hungary - Hot-Rolled Bars of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 15, 2022

Hungary - Hot-Rolled Bars of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Market for Hot-Rolled Bars Of Silico-Manganese Steel 2022

Market Size for Hot-Rolled Bars Of Silico-Manganese Steel in Hungary

The Hungarian hot-rolled silico-manganese steel bar market declined markedly to $X in 2021, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced setback. Hot-rolled silico-manganese steel bar consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Hot-Rolled Bars Of Silico-Manganese Steel

Exports from Hungary

After two years of growth, overseas shipments of hot-rolled bars of silico-manganese steel decreased by -X% to X kg in 2021. Overall, exports saw a significant curtailment. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020, and then dropped sharply in the following year.

In value terms, hot-rolled silico-manganese steel bar exports shrank dramatically to $X in 2021. Over the period under review, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at $X in 2020, and then reduced rapidly in the following year.

Exports by Country

Serbia (X kg) was the main destination for hot-rolled silico-manganese steel bar exports from Hungary, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia amounted to -X%.

In value terms, Serbia ($X) also remains the key foreign market for hot-rolled silico-manganese steel bar exports from Hungary.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia was relatively modest.

Export Prices by Country

In 2021, the average hot-rolled silico-manganese steel bar export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Serbia amounted to +X% per year.

Imports of Hot-Rolled Bars Of Silico-Manganese Steel

Imports into Hungary

In 2021, approx. X tons of hot-rolled bars of silico-manganese steel were imported into Hungary; with a decrease of -X% compared with the previous year. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, hot-rolled silico-manganese steel bar imports dropped notably to $X in 2021. In general, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of hot-rolled silico-manganese steel bar imports to Hungary, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +X%), while purchases for the other leaders experienced a decline.

In value terms, Italy ($X), Germany ($X) and the Czech Republic ($X) constituted the largest hot-rolled silico-manganese steel bar suppliers to Hungary, together comprising X% of total imports.

The Czech Republic, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average hot-rolled silico-manganese steel bar import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars of silico-manganese steel in the world?
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Russia constituted the country with the largest volume of hot-rolled silico-manganese steel bar consumption, accounting for 39% of total volume. Moreover, hot-rolled silico-manganese steel bar consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus, fourfold. Kazakhstan ranked third in terms of total consumption with a 10% share.
What are the largest producers of hot-rolled bars of silico-manganese steel in the world?
+
Russia constituted the country with the largest volume of hot-rolled silico-manganese steel bar production, comprising approx. 57% of total volume. Moreover, hot-rolled silico-manganese steel bar production in Russia exceeded the figures recorded by the second-largest producer, Belarus, sixfold. The third position in this ranking was held by Italy, with a 6.6% share.
What are the leading suppliers of hot-rolled bars of silico-manganese steel to Hungary?
+
In value terms, the largest hot-rolled silico-manganese steel bar suppliers to Hungary were Italy, Germany and the Czech Republic, together comprising 91% of total imports.
What are the leading importers of hot-rolled bars of silico-manganese steel from Hungary?
+
In value terms, Serbia remains the key foreign market for hot-rolled silico-manganese steel bar exports from Hungary.
What is the average export price for hot-rolled bars of silico-manganese steel in Hungary?
+
In 2021, the average hot-rolled silico-manganese steel bar export price amounted to $2,697 per ton, rising by 151% against the previous year.
What is the average import price for hot-rolled bars of silico-manganese steel in Hungary?
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The average hot-rolled silico-manganese steel bar import price stood at $1,225 per ton in 2021, surging by 46% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar 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 24106620 - Hot-rolled bars of silico-manganese steel
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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