Hungary - Zinc Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHungary: Market for Zinc Ores And Concentrates 2024
Market Size for Zinc Ores And Concentrates in Hungary
The Hungarian zinc ores and concentrates market soared to $X in 2021, picking up by 215,773% against the previous year. Overall, consumption recorded a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Production of Zinc Ores And Concentrates in Hungary
In value terms, zinc ores and concentrates production fell sharply to $X in 2021 estimated in export price. In general, production, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 354% against the previous year. As a result, production attained the peak level of $X, and then plummeted in the following year.
Exports of Zinc Ores And Concentrates
Exports from Hungary
In 2021, shipments abroad of zinc ores and concentrates decreased by -87.5% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 451%. As a result, the exports reached the peak of X tons, and then contracted sharply in the following year.
In value terms, zinc ores and concentrates exports reduced notably to $X in 2021. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 705%. As a result, the exports reached the peak of $X, and then contracted rapidly in the following year.
Exports by Country
Slovakia (X tons) was the main destination for zinc ores and concentrates exports from Hungary, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia stood at +75.4%.
In value terms, Slovakia ($X) also remains the key foreign market for zinc ores and concentrates exports from Hungary.
From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia stood at +75.6%.
Export Prices by Country
In 2021, the average zinc ores and concentrates export price amounted to $X per ton, growing by 65% against the previous year. In general, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 95%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Slovakia.
From 2012 to 2021, the rate of growth in terms of prices for Slovakia amounted to +0.2% per year.
Imports of Zinc Ores And Concentrates
Imports into Hungary
In 2021, purchases abroad of zinc ores and concentrates decreased by 0% to X tons, falling for the second year in a row after two years of growth. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 162% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.
In value terms, zinc ores and concentrates imports stood at $X in 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2018 when imports increased by 95%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.
Imports by Country
In 2021, Malta (X tons) constituted the largest zinc ores and concentrates supplier to Hungary, with a 75% share of total imports. Moreover, zinc ores and concentrates imports from Malta exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Malta was relatively modest.
In value terms, Malta ($X) constituted the largest supplier of zinc ores and concentrates to Hungary, comprising 79% of total imports. The second position in the ranking was held by Germany ($X), with a 21% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Malta was relatively modest.
Import Prices by Country
The average zinc ores and concentrates import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2016 an increase of 119%. The import price peaked in 2021 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Malta ($X per ton), while the price for Germany totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for zinc ores and concentrates 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 07291520 -
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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