Hungary: Market for Carbon Electrodes Not For Furnaces 2025

Market Size for Carbon Electrodes Not For Furnaces in Hungary

The Hungarian market for carbon electrodes not for furnaces rose slightly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a significant expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Carbon Electrodes Not For Furnaces in Hungary

In value terms, carbon electrode not for furnaces production expanded slightly to $X in 2022 estimated in export price. In general, production saw significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Carbon electrode not for furnaces production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Carbon Electrodes Not For Furnaces

Exports from Hungary

In 2022, exports of carbon electrodes not for furnaces from Hungary shrank to X tons, with a decrease of X% against 2021. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, carbon electrode not for furnaces exports dropped significantly to $X in 2022. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for carbon electrode not for furnaces exports from Hungary, with a X% share of total exports. Moreover, carbon electrode not for furnaces exports to Poland exceeded the volume sent to the second major destination, Luxembourg (X kg), fivefold. Brazil (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (X% per year) and Brazil (X% per year).

In value terms, Poland ($X) emerged as the key foreign market for carbon electrodes not for furnaces exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average export price for carbon electrodes not for furnaces amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, showed tangible growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Luxembourg ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbon Electrodes Not For Furnaces

Imports into Hungary

In 2022, the amount of carbon electrodes not for furnaces imported into Hungary rose modestly to X tons, increasing by X% compared with the year before. Overall, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, carbon electrode not for furnaces imports dropped to $X in 2022. Over the period under review, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and France (X tons) were the main suppliers of carbon electrode not for furnaces imports to Hungary, with a combined X% share of total imports.

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

In value terms, the largest carbon electrode not for furnaces suppliers to Hungary were Germany ($X), China ($X) and France ($X), with a combined X% share of total imports. The Czech Republic and the UK lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average import price for carbon electrodes not for furnaces amounted to $X per ton, waning by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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