Hungary: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Hungary

The Hungarian market for chromium, manganese, lead and copper oxides and hydroxides soared to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt contraction. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Hungary

In 2022, exports of chromium, manganese, lead and copper oxides and hydroxides from Hungary soared to X tons, surging by X% against 2021 figures. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides soared to $X in 2022. Overall, exports enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), the UK (X tons) and Romania (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Hungary, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Hungary were the Czech Republic ($X), the UK ($X) and Romania ($X), together comprising X% of total exports.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to 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 export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for chromium, manganese, lead and copper oxides and hydroxides decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Hungary

In 2022, after four years of decline, there was significant growth in supplies from abroad of chromium, manganese, lead and copper oxides and hydroxides, when their volume increased by X% to X tons. In general, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides surged to $X in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of imports of chromium, manganese, lead and copper oxides and hydroxides to Hungary, with a combined X% share of total imports. Spain, Slovenia, South Africa, France, Poland, Georgia, the United States and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, Spain ($X), Germany ($X) and Belgium ($X) constituted the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Hungary, together accounting for X% of total imports. Poland, the Netherlands, France, Slovenia, the United States, South Africa, Georgia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Spain ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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