Hungary - Ferro-Titanium and Ferro-Silico-Titanium - Market Analysis, Forecast, Size, Trends and Insights
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Ferro-Titanium And Ferro-Silico-Titanium Market Size in Hungary
The Hungarian ferro-titanium and ferro-silico-titanium market skyrocketed to $X in 2022, surging by 47% against the previous year. Overall, consumption recorded a buoyant increase. Ferro-titanium and ferro-silico-titanium consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.
Ferro-Titanium And Ferro-Silico-Titanium Production in Hungary
In value terms, ferro-titanium and ferro-silico-titanium production totaled less than $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern.
Ferro-Titanium And Ferro-Silico-Titanium Exports
Exports from Hungary
In 2022, approx. X tons of ferro-titanium and ferro-silico-titanium were exported from Hungary; jumping by 572% on the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-titanium and ferro-silico-titanium exports surged to $X in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
The Netherlands (X tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from Hungary, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +41.0%.
In value terms, the Netherlands ($X) emerged as the key foreign market for ferro-titanium and ferro-silico-titanium exports from Hungary.
From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +50.2%.
Export Prices by Country
The average ferro-titanium and ferro-silico-titanium export price stood at $X per ton in 2022, leveling off at the previous year. In general, the export price, however, enjoyed noticeable growth. The export price peaked at $X per ton in 2021, and then reduced modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +6.5% per year.
Ferro-Titanium And Ferro-Silico-Titanium Imports
Imports into Hungary
In 2022, overseas purchases of ferro-titanium and ferro-silico-titanium decreased by -82.5% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 284% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, ferro-titanium and ferro-silico-titanium imports declined rapidly to $X in 2022. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2015 with an increase of 478%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, the UK (X tons) constituted the largest supplier of ferro-titanium and ferro-silico-titanium to Hungary, with a 64% share of total imports. Moreover, ferro-titanium and ferro-silico-titanium imports from the UK exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by the Czech Republic (X kg), with an 8.1% share.
From 2012 to 2022, the average annual growth rate of volume from the UK totaled -7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-41.4% per year) and the Czech Republic (-21.8% per year).
In value terms, the UK ($X), Spain ($X) and the Czech Republic ($X) appeared to be the largest ferro-titanium and ferro-silico-titanium suppliers to Hungary, with a combined 99% share of total imports.
Spain, with a CAGR of +13.2%, 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 a decline.
Import Prices by Country
In 2022, the average ferro-titanium and ferro-silico-titanium import price amounted to $X per ton, jumping by 194% against the previous year. In general, the import price enjoyed a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+93.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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