Report Update Nov 1, 2024

Hungary - Phosphate Rock - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Phosphate Rock Market 2022

Phosphate Rock Market Size in Hungary

The Hungarian phosphate rock market contracted to $X in 2020, falling 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). Over the period under review, consumption, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Phosphate rock consumption peaked at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Phosphate Rock Exports

Exports from Hungary

In 2020, approx. X kg of phosphate rock were exported from Hungary; dropping by -X% against 2019 figures. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, phosphate rock exports fell markedly to $X in 2020. Over the period under review, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2010 to 2020, the growth exports remained at a lower figure.

Exports by Country

Romania (X kg) was the main destination for phosphate rock exports from Hungary, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Romania amounted to -X%.

In value terms, Romania ($X) also remains the key foreign market for phosphate rock exports from Hungary.

From 2007 to 2020, the average annual rate of growth in terms of value to Romania totaled -X%.

Export Prices by Country

In 2020, the average phosphate rock export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, export price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, phosphate rock export price increased by +X% against 2017 indices. Over the period under review, average export prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2007 to 2020, the rate of growth in terms of prices for Romania amounted to +X% per year.

Phosphate Rock Imports

Imports into Hungary

In 2020, approx. X tons of phosphate rock were imported into Hungary; which is down by -X% against 2019. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, phosphate rock imports dropped remarkably to $X in 2020. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Algeria (X tons) was the main phosphate rock supplier to Hungary, accounting for a X% share of total imports. Moreover, phosphate rock imports from Algeria exceeded the figures recorded by the second-largest supplier, Austria (X tons), tenfold.

From 2007 to 2020, the average annual growth rate of volume from Algeria was relatively modest.

In value terms, Algeria ($X) constituted the largest supplier of phosphate rock to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Algeria was relatively modest.

Import Prices by Country

The average phosphate rock import price stood at $X per ton in 2020, shrinking by -X% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per ton), while the price for Algeria totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Algeria.

Source: IndexBox Platform

This report provides an in-depth analysis of the phosphate rock 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 2025.

Product coverage:

Prodcom 08911100 - Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023