Hungary: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2025

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Hungary

The Hungarian carbon for electrical purposes market declined slightly to $X in 2022, dropping by -2.4% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.4% against 2020 indices. Carbon for electrical purposes consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Hungary

In value terms, carbon for electrical purposes production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 25% against the previous year. Carbon for electrical purposes production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Hungary

Carbon for electrical purposes exports from Hungary reduced notably to X tons in 2022, which is down by -30.6% compared with the previous year. In general, exports recorded a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of 70% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports declined significantly to $X in 2022. Overall, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2016 with an increase of 73%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X tons), Slovakia (X tons) and Romania (X tons) were the main destinations of carbon for electrical purposes exports from Hungary, with a combined 51% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +141.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United States ($X) and Romania ($X) were the largest markets for carbon for electrical purposes exported from Hungary worldwide, together comprising 62% of total exports.

Romania, with a CAGR of +120.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average carbon for electrical purposes export price stood at $X per ton in 2022, reducing by -6.6% against the previous year. In general, the export price recorded a mild shrinkage. The pace of growth was the most pronounced in 2019 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($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 (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Hungary

In 2022, approx. X tons of articles of graphite or other carbon for electrical purposes were imported into Hungary; waning by -24.6% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 103%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, carbon for electrical purposes imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a mild expansion. The pace of growth was the most pronounced in 2016 when imports increased by 130%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ukraine (X tons), Indonesia (X tons) and South Korea (X tons) were the main suppliers of carbon for electrical purposes imports to Hungary, with a combined 68% share of total imports. The United States, France, Germany, Slovakia and Austria lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +58.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carbon for electrical purposes suppliers to Hungary were Indonesia ($X), the United States ($X) and Germany ($X), with a combined 75% share of total imports. Ukraine, South Korea, Slovakia, France and Austria lagged somewhat behind, together comprising a further 21%.

Slovakia, with a CAGR of +58.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average carbon for electrical purposes import price amounted to $X per ton, rising by 93% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :