Hungary: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Hungary

The Hungarian marble and travertine blocks market dropped slightly to $X in 2022, shrinking 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 saw a prominent increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports from Hungary

In 2022, approx. X tons of marble and travertine blocks and slabs were exported from Hungary; with a decrease of X% on 2021. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports soared to $X in 2022. In general, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Romania (X tons) and Slovakia (X tons) were the main destinations of marble and travertine blocks exports from Hungary.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of X%).

In value terms, the largest markets for marble and travertine blocks exported from Hungary were Romania ($X) and Slovakia ($X).

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports into Hungary

In 2022, approx. X tons of marble and travertine blocks and slabs were imported into Hungary; flattening at 2021 figures. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, marble and travertine blocks imports dropped to $X in 2022. Over the period under review, imports recorded a measured expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of marble and travertine blocks to Hungary, accounting for a X% share of total imports. Moreover, marble and travertine blocks imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Belgium (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of marble and travertine blocks and slabs to Hungary, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

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

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Iran ($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 mixed trend patterns.

Source: IndexBox Platform

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