Report Hungary - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

Hungary - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Titanium Market 2023

Titanium Exports

Exports from Hungary

In 2022, exports of titanium sponge, powders, ingots and slabs from Hungary soared to X kg, rising by 200% against the previous year's figure. In general, exports, however, recorded a dramatic slump. Over the period under review, the exports attained the maximum at X kg in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, titanium exports fell markedly to $X in 2022. Overall, exports, however, continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2017 with an increase of 1,284%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for titanium exports from Hungary, with a approx. 100% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to Canada was relatively modest.

From 2015 to 2022, the average annual growth rate of value to Canada was relatively modest.

Export Prices by Country

In 2022, the average titanium export price amounted to $X per ton, declining by -71.6% against the previous year. Overall, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 526% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+37.5%).

Titanium Imports

Imports into Hungary

In 2022, titanium imports into Hungary surged to X tons, with an increase of 157% against the previous year's figure. In general, imports, however, saw a deep setback. The growth pace was the most rapid in 2018 with an increase of 3,858%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, titanium imports soared to $X in 2022. Overall, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 2,911%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Switzerland (X tons) constituted the largest titanium supplier to Hungary, accounting for a 82% share of total imports. Moreover, titanium imports from Switzerland exceeded the figures recorded by the second-largest supplier, China (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Switzerland stood at +41.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.3% per year) and the UK (-4.5% per year).

In value terms, Switzerland ($X) constituted the largest supplier of titanium sponge, powders, ingots and slabs to Hungary, comprising 73% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland totaled +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.1% per year) and the UK (+3.5% per year).

Import Prices by Country

The average titanium import price stood at $X per ton in 2022, shrinking by -52.2% against the previous year. In general, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 190% against the previous year. The import price peaked at $X per ton in 2021, and then contracted dramatically in the following year.

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 the UK ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium sponge, powders, ingots and slabs in the world?
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The country with the largest volume of titanium consumption was China, accounting for 18% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by Russia, with a 5.4% share.
What are the largest producers of titanium sponge, powders, ingots and slabs in the world?
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China remains the largest titanium producing country worldwide, comprising approx. 17% of total volume. Moreover, titanium production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. Russia ranked third in terms of total production with a 5.8% share.
What are the leading suppliers of titanium sponge, powders, ingots and slabs to Hungary?
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In value terms, Switzerland constituted the largest supplier of titanium sponge, powders, ingots and slabs to Hungary, comprising 73% of total imports. The second position in the ranking was held by China, with a 16% share of total imports.
What is the average export price for titanium sponge, powders, ingots and slabs in Hungary?
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The average titanium export price stood at $14,524 per ton in 2022, waning by -71.6% against the previous year.
What is the average import price for titanium sponge, powders, ingots and slabs in Hungary?
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In 2022, the average titanium import price amounted to $18,668 per ton, with a decrease of -52.2% against the previous year.

This report provides an in-depth analysis of the titanium 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 2030.


Product coverage:
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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