Hungary: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Hungary

In 2022, the Hungarian non-refractory clay constructional products market increased by 6.9% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a noticeable descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Non-Refractory Clay Constructional Products in Hungary

In value terms, non-refractory clay constructional products production shrank slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 18% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Non-Refractory Clay Constructional Products

Exports from Hungary

For the fifth year in a row, Hungary recorded growth in shipments abroad of non-refractory clay constructional products, which increased by 5.7% to X tons in 2022. In general, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.2% against 2017 indices. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, non-refractory clay constructional products exports soared to $X in 2022. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 82% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Romania (X tons), Slovakia (X tons) and Croatia (X tons) were the main destinations of non-refractory clay constructional products exports from Hungary, with a combined 92% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +97.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Romania ($X), Slovakia ($X) and Croatia ($X) were the largest markets for non-refractory clay constructional products exported from Hungary worldwide, with a combined 77% share of total exports.

In terms of the main countries of destination, Croatia, with a CAGR of +98.0%, saw the highest rates of growth with regard to 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

In 2022, the average non-refractory clay constructional products export price amounted to $X per ton, surging by 32% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +10.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-refractory clay constructional products export price increased by +37.6% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 81% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Croatia ($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 (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Refractory Clay Constructional Products

Imports into Hungary

In 2022, supplies from abroad of non-refractory clay constructional products increased by 35% to X tons, rising for the second consecutive year after four years of decline. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2020 indices. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, non-refractory clay constructional products imports surged to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 43%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of non-refractory clay constructional products to Hungary, with a 83% share of total imports. Moreover, non-refractory clay constructional products imports from Germany exceeded the figures recorded by the second-largest supplier, Serbia (X tons), tenfold. Slovenia (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (-5.0% per year) and Slovenia (+8.8% per year).

In value terms, Germany ($X) constituted the largest supplier of non-refractory clay constructional products to Hungary, comprising 68% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 17% share of total imports. It was followed by Slovakia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+12.8% per year) and Slovakia (+36.1% per year).

Import Prices by Country

The average non-refractory clay constructional products import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2021, and then declined modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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