Hungary: Copper Screw Market 2025

Copper Screw Market Size in Hungary

The Hungarian copper screw market surged to $X in 2021, increasing by 54% against the previous year. Overall, consumption saw measured growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Copper Screw Production in Hungary

In value terms, copper screw production reduced slightly to $X in 2021 estimated in export price. In general, production, however, showed a prominent increase. The growth pace was the most rapid in 2014 with an increase of 560%. Copper screw production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Copper Screw Exports

Exports from Hungary

Copper screw exports from Hungary skyrocketed to X tons in 2021, with an increase of 25% against the previous year. Over the period under review, exports posted modest growth. The growth pace was the most rapid in 2015 with an increase of 91%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, copper screw exports skyrocketed to $X in 2021. In general, exports, however, saw a mild decline. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for copper screw exports from Hungary, accounting for a 36% share of total exports. Moreover, copper screw exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by Romania (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+102.8% per year) and Romania (+14.3% per year).

In value terms, Germany ($X), Romania ($X) and Italy ($X) constituted the largest markets for copper screw exported from Hungary worldwide, with a combined 60% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +112.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average copper screw export price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2016 an increase of 78%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Brazil ($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 Estonia (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Screw Imports

Imports into Hungary

In 2021, the amount of copper screws, bolts and nuts imported into Hungary skyrocketed to X tons, jumping by 56% against the year before. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 74% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, copper screw imports soared to $X in 2021. In general, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest copper screw supplier to Hungary, with a 69% share of total imports. Moreover, copper screw imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold. The third position in this ranking was taken by Italy (X tons), with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.4% per year) and Italy (+4.4% per year).

In value terms, Germany ($X) constituted the largest supplier of copper screws, bolts and nuts to Hungary, comprising 55% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.0% per year) and Italy (+3.6% per year).

Import Prices by Country

In 2021, the average copper screw import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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