Hungary: Aluminium Alloy Tube Market 2025

Aluminium Alloy Tube Market Size in Hungary

The Hungarian aluminium alloy tube market declined to $X in 2022, which is down by -1.8% against the previous year. Overall, consumption, however, showed buoyant growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Aluminium Alloy Tube Production in Hungary

In value terms, aluminium alloy tube production dropped to $X in 2022 estimated in export price. Overall, production saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Alloy Tube Exports

Exports from Hungary

For the fifth year in a row, Hungary recorded decline in overseas shipments of aluminium alloy tubes and pipes, which decreased by -6.1% to X tons in 2022. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 10%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium alloy tube exports declined to $X in 2022. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 9.8% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X tons) was the main destination for aluminium alloy tube exports from Hungary, accounting for a 67% share of total exports. Moreover, aluminium alloy tube exports to Slovenia exceeded the volume sent to the second major destination, Poland (X tons), sevenfold. France (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia stood at +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-13.6% per year) and France (-15.4% per year).

In value terms, Slovenia ($X) remains the key foreign market for aluminium alloy tubes and pipes exports from Hungary, comprising 62% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-8.5% per year) and France (-15.1% per year).

Export Prices by Country

The average aluminium alloy tube export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2018 an increase of 11% against the previous year. The export price peaked at $X per ton in 2021, and then fell slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Tube Imports

Imports into Hungary

In 2022, approx. X tons of aluminium alloy tubes and pipes were imported into Hungary; dropping by -13.2% against the year before. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, aluminium alloy tube imports shrank slightly to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

Germany (X tons), Serbia (X tons) and Italy (X tons) were the main suppliers of aluminium alloy tube imports to Hungary, together accounting for 44% of total imports. Bulgaria, Austria, China, Greece, Turkey, Denmark, Slovakia, Belgium, Slovenia and Romania lagged somewhat behind, together accounting for a further 51%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +46.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of aluminium alloy tubes and pipes to Hungary, comprising 24% of total imports. The second position in the ranking was held by Turkey ($X), with an 11% share of total imports. It was followed by Serbia, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.5% per year) and Serbia (+31.4% per year).

Import Prices by Country

In 2022, the average aluminium alloy tube import price amounted to $X per ton, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2017 an increase of 16% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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