Hungary: Sanitary Alluminium Ware Market 2024

Sanitary Alluminium Ware Market Size in Hungary

The Hungarian sanitary alluminium ware market expanded modestly to $X in 2022, with an increase of 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). In general, consumption posted buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sanitary Alluminium Ware Exports

Exports from Hungary

In 2022, shipments abroad of sanitary ware and parts of aluminium decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sanitary alluminium ware exports dropped significantly to $X in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for sanitary alluminium ware exports from Hungary, with a X% share of total exports. Moreover, sanitary alluminium ware exports to Ireland exceeded the volume sent to the second major destination, Romania (X kg), more than tenfold. Slovakia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Slovakia (X% per year).

In value terms, Ireland ($X) remains the key foreign market for sanitary ware and parts of aluminium exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

The average sanitary alluminium ware export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 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 the Czech Republic ($X per ton), while the average price for exports to Austria ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sanitary Alluminium Ware Imports

Imports into Hungary

In 2022, the amount of sanitary ware and parts of aluminium imported into Hungary was estimated at X tons, increasing by X% compared with the previous year's figure. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sanitary alluminium ware imports fell modestly to $X in 2022. In general, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Imports by Country

The Czech Republic (X tons), China (X tons) and Poland (X tons) were the main suppliers of sanitary alluminium ware imports to Hungary, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of sanitary ware and parts of aluminium to Hungary, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average sanitary alluminium ware import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 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 2022, 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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