Report Update Nov 1, 2024

Hungary - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Hungary

The Hungarian mill rolling roll market reduced rapidly to $X in 2022, which is down by -96.8% against the previous year. In general, consumption faced a sharp slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Mill Rolling Roll Production in Hungary

In value terms, mill rolling roll production totaled less than $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern.

Mill Rolling Roll Exports

Exports from Hungary

In 2022, mill rolling roll exports from Hungary skyrocketed to X units, rising by 400% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mill rolling roll exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt slump. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for mill rolling roll exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +90.2%.

In value terms, Germany ($X) emerged as the key foreign market for rolls for rolling mills exports from Hungary.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +27.6%.

Export Prices by Country

The average mill rolling roll export price stood at $X per unit in 2022, shrinking by -46.2% against the previous year. Over the period under review, the export price showed a sharp shrinkage. The pace of growth was the most pronounced in 2014 an increase of 32%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to -19.3% per year.

Mill Rolling Roll Imports

Imports into Hungary

In 2022, approx. less than X units of rolls for rolling mills were imported into Hungary; remaining relatively unchanged against 2021. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 14%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mill rolling roll imports skyrocketed to $X in 2022. In general, imports continue to indicate a perceptible reduction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Russia (X units) and China (X units) were the main suppliers of mill rolling roll imports to Hungary, together accounting for 49% of total imports. Germany, Ukraine, Turkey, the UK, Japan, Sweden, Serbia, Italy, Spain and the United States lagged somewhat behind, together accounting for a further 50%.

From 2017 to 2018, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +366.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), China ($X) and Russia ($X) were the largest mill rolling roll suppliers to Hungary, together accounting for 49% of total imports. Germany, Ukraine, Turkey, the UK, Japan, Sweden, Italy, Serbia, Spain and the United States lagged somewhat behind, together accounting for a further 50%.

Japan, with a CAGR of +201.6%, 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 more modest paces of growth.

Import Prices by Country

In 2018, the average mill rolling roll import price amounted to $X per unit, waning by -17.8% against the previous year. Overall, the import price continues to indicate a deep setback. The import price peaked at $X per unit in 2017, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2017 to 2018, the most notable rate of growth in terms of prices was attained by Spain (-11.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rolls for rolling mills in the world?

The countries with the highest volumes of in 2021 were Italy, China and South Africa, with a combined 30% share of global consumption.

What are the largest producers of rolls for rolling mills in the world?

China remains the largest mill rolling roll producing country worldwide, accounting for 33% of total volume. Moreover, mill rolling roll production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. Italy ranked third in terms of total production with an 11% share.

What are the leading suppliers of rolls for rolling mills to Hungary?

In value terms, the Czech Republic constituted the largest supplier of mill rolling roll to Hungary, comprising 40% of total imports. The second position in the ranking was occupied by Japan, with an 18% share of total imports. It was followed by Spain, with a 12% share.

What are the leading importers of rolls for rolling mills from Hungary?

In value terms, Serbia and Turkey constituted the largest markets for mill rolling roll exported from Hungary worldwide.

What is the average export price for rolls for rolling mills in Hungary?

The average mill rolling roll export price stood at $3,575 per unit in 2021, reducing by -62.6% against the previous year.

What is the average import price for rolls for rolling mills in Hungary?

In 2021, the average mill rolling roll import price amounted to $1,213 per unit, with an increase of 20% against the previous year.

This report provides an in-depth analysis of the mill rolling roll 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:

Prodcom 28911250 - Rolls for rolling mills

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