Hungary: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Hungary

The Hungarian market for prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021, jumping by 49% against the previous year. Overall, consumption enjoyed a strong increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Hungary

In value terms, production of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 47%. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Hungary

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium exported from Hungary fell to X tons, reducing by -5.4% against the previous year. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of 993% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Austria (X tons) and Sweden (X tons) were the main destinations of exports of prefabricated buildings of plastics, concrete or aluminium from Hungary, together accounting for 35% of total exports. These countries were followed by the Czech Republic, the UK, France, Romania, Estonia, Serbia, Norway, Slovenia, Poland and Slovakia, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +63.3%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Austria ($X) and Germany ($X) were the largest markets for prefabricated buildings of plastics, concrete or aluminium exported from Hungary worldwide, together comprising 53% of total exports. France, the UK, the Czech Republic, Slovenia, Romania, Poland, Estonia, Serbia, Norway and Slovakia lagged somewhat behind, together comprising a further 40%.

Norway, with a CAGR of +80.1%, recorded the highest growth rate of 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

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, increasing by 47% against the previous year. In general, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 444%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Serbia ($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 the UK (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Hungary

In 2021, overseas purchases of prefabricated buildings of plastics, concrete or aluminium increased by 39% to X tons, rising for the third consecutive year after two years of decline. In general, imports continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 123% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Overall, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 92%. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), China (X tons) and Slovenia (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to Hungary, together comprising 31% of total imports. These countries were followed by the Netherlands, Turkey, Slovakia, Bosnia and Herzegovina, Germany, the Czech Republic, Ukraine, Austria, Belgium and Croatia, which together accounted for a further 50%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +76.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Hungary were China ($X), Poland ($X) and Slovenia ($X), with a combined 43% share of total imports.

In terms of the main suppliers, China, with a CAGR of +67.1%, recorded the highest growth rate of 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 prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, surging by 23% against the previous year. In general, the import price posted tangible growth. The most prominent rate of growth was recorded in 2017 an increase of 312% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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