Hungary: Aluminium Pipe Fittings Market 2025

Aluminium Pipe Fittings Market Size in Hungary

The Hungarian aluminium pipe fittings market skyrocketed to $X in 2021, growing by 33% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +49.2% against 2019 indices. Aluminium pipe fittings consumption peaked in 2021 and is expected to retain growth in the near future.

Aluminium Pipe Fittings Production in Hungary

In value terms, aluminium pipe fittings production totaled $X in 2021 estimated in export price. In general, production saw a drastic downturn. Aluminium pipe fittings production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Aluminium Pipe Fittings Exports

Exports from Hungary

For the sixth consecutive year, Hungary recorded decline in overseas shipments of aluminium tube or pipe fittings, which decreased by -29% to X tons in 2021. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, aluminium pipe fittings exports declined slightly to $X in 2021. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2015 when exports increased by 2.8% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Austria (X tons) were the main destinations of aluminium pipe fittings exports from Hungary, with a combined 88% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +16.8%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) emerged as the key foreign market for aluminium tube or pipe fittings exports from Hungary, comprising 52% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 26% share of total exports. It was followed by Austria, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+12.9% per year) and Austria (-8.8% per year).

Export Prices by Country

The average aluminium pipe fittings export price stood at $X per ton in 2021, growing by 34% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Pipe Fittings Imports

Imports into Hungary

In 2021, aluminium pipe fittings imports into Hungary skyrocketed to X tons, with an increase of 21% on 2020 figures. Overall, imports, however, continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 25%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, aluminium pipe fittings imports surged to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 53% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of aluminium pipe fittings imports to Hungary, together accounting for 72% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +59.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium pipe fittings suppliers to Hungary were China ($X), Germany ($X) and Italy ($X), together accounting for 70% of total imports.

China, with a CAGR of +58.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium pipe fittings import price stood at $X per ton in 2021, increasing by 8.9% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, aluminium pipe fittings import price increased by +36.0% against 2014 indices. The growth pace was the most rapid in 2014 an increase of 30%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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