Hungary - Pickling Preparations For Metal Surfaces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Pickling Preparations Price in Hungary - 2023
Contents:
- Metal Pickling Preparations Price in Hungary (FOB) - 2023
- Metal Pickling Preparations Price in Hungary (CIF) - 2022
- Metal Pickling Preparations Exports in Hungary
- Metal Pickling Preparations Imports in Hungary
Metal Pickling Preparations Price in Hungary (FOB) - 2023
The average metal pickling preparations export price stood at $36,673 per ton in July 2023, which is down by -2% against the previous month. In general, export price indicated perceptible growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal pickling preparations export price decreased by -3.4% against May 2023 indices. The growth pace was the most rapid in May 2023 an increase of 30% against the previous month. The export price peaked at $39,124 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Mexico ($89,167 per ton), while the average price for exports to Serbia ($5,983 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Pickling Preparations Price in Hungary (CIF) - 2022
The average metal pickling preparations import price stood at $6,768 per ton in 2022, dropping by -2.4% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2014 an increase of 15% against the previous year. As a result, import price attained the peak level of $8,146 per ton. From 2015 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 the UK ($53,585 per ton), while the price for Denmark ($1,924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Pickling Preparations Exports in Hungary
In 2022, the amount of pickling preparations for metal surfaces exported from Hungary expanded sharply to 1.9K tons, surging by 6.4% against 2021 figures. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal pickling preparations exports declined to $52M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of $60M, and then fell in the following year.
Export of Metal Pickling Preparations in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 5.1 | 6.9 | 9.1 | 7.0 | 11.1% |
Italy | 3.3 | 3.8 | 5.6 | 4.4 | 10.1% |
Turkey | 2.2 | 3.1 | 3.9 | 4.1 | 23.1% |
Germany | 4.7 | 4.6 | 6.0 | 3.9 | -6.0% |
Romania | 3.4 | 4.1 | 5.0 | 3.7 | 2.9% |
Mexico | N/A | 1.7 | 2.3 | 3.2 | 37.2% |
France | 1.7 | 2.0 | 2.9 | 2.1 | 7.3% |
North Macedonia | 0.6 | 0.8 | 1.0 | 1.2 | 26.0% |
United Kingdom | 1.0 | 1.5 | 1.7 | 1.2 | 6.3% |
Spain | 1.7 | 1.6 | 1.7 | 1.2 | -11.0% |
Slovakia | 0.5 | 0.9 | 1.1 | 1.1 | 30.1% |
Czech Republic | 1.2 | 1.2 | 0.8 | 0.5 | -25.3% |
Serbia | N/A | N/A | 0.1 | 0.1 | 0.0% |
Others | 8.4 | 12.3 | 18.5 | 18.4 | 29.9% |
Total | 33.8 | 44.5 | 59.8 | 52.2 | 15.6% |
Top Export Markets for Metal Pickling Preparations from Hungary in 2022:
- Turkey (378.3 tons)
- Italy (278.7 tons)
- Poland (220.3 tons)
- Romania (118.3 tons)
- Germany (110.2 tons)
- Czech Republic (99.1 tons)
- Slovakia (56.9 tons)
- France (48.1 tons)
- North Macedonia (47.1 tons)
- Serbia (46.4 tons)
- Spain (44.0 tons)
- Mexico (39.3 tons)
- United Kingdom (38.8 tons)
Metal Pickling Preparations Imports in Hungary
In 2022, after three years of growth, there was significant decline in overseas purchases of pickling preparations for metal surfaces, when their volume decreased by -9.4% to 5.7K tons. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports attained the peak of 6.2K tons, and then shrank in the following year.
In value terms, metal pickling preparations imports declined to $38M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $43M, and then contracted in the following year.
Import of Metal Pickling Preparations in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.3 | 9.7 | 12.3 | 13.6 | 17.9% |
Romania | 7.8 | 11.7 | 16.9 | 11.4 | 13.5% |
Czech Republic | 0.9 | 1.3 | 1.8 | 2.3 | 36.7% |
Belgium | 1.0 | 1.2 | 2.2 | 1.9 | 23.9% |
Poland | 0.1 | 0.1 | 0.3 | 0.7 | 91.3% |
Italy | 0.6 | 0.5 | 0.5 | 0.2 | -30.7% |
Denmark | 1.2 | 1.0 | 0.8 | N/A | -18.4% |
Others | 6.6 | 7.7 | 8.5 | 8.0 | 6.6% |
Total | 26.4 | 33.2 | 43.3 | 38.3 | 13.2% |
Top Suppliers of Metal Pickling Preparations to Hungary in 2022:
- Germany (3435.1 tons)
- Romania (1099.0 tons)
- Belgium (372.1 tons)
- Czech Republic (225.3 tons)
- Poland (107.9 tons)
- Italy (90.7 tons)
- Denmark (19.8 tons)
This report provides an in-depth analysis of the metal pickling preparations 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:
- Prodcom 20595620 - Pickling preparations for metal surfaces
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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