Hungary - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBridge Price in Hungary - 2023
Contents:
- Bridge Price in Hungary (FOB) - 2022
- Bridge Price in Hungary (CIF) - 2023
- Bridge Exports in Hungary
- Bridge Imports in Hungary
Bridge Price in Hungary (FOB) - 2022
The average bridge export price stood at $3,644 per ton in 2022, picking up by 24% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bridge export price increased by +68.4% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 37% against the previous year. As a result, the export price reached the peak level of $3,653 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($17,381 per ton), while the average price for exports to Germany ($3,050 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 Austria (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bridge Price in Hungary (CIF) - 2023
The average bridge import price stood at $4,811 per ton in June 2023, jumping by 16% against the previous month. Over the period under review, import price indicated temperate growth from July 2022 to June 2023: its price increased at an average monthly rate of +3.8% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, bridge import price increased by +37.6% against March 2023 indices. The growth pace was the most rapid in August 2022 an increase of 26% m-o-m. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($11,520 per ton), while the price for Austria ($3,190 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Bridge Exports in Hungary
In 2022, exports of bridges, bridge sections, towers and lattice masts (of iron or steel) from Hungary shrank rapidly to 9.9K tons, declining by -27.9% against the year before. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.
In value terms, bridge exports dropped to $36M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, the exports reached the peak of $40M, and then fell in the following year.
| Export of Bridge in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.5 | 20.7 | 24.2 | 25.5 | -1.3% |
| Sri Lanka | N/A | N/A | N/A | 5.6 | 0% |
| Austria | 5.4 | 9.0 | 13.6 | 2.5 | -22.6% |
| Switzerland | 1.1 | 1.0 | 1.1 | 1.3 | 5.7% |
| Others | 3.7 | 2.2 | 1.1 | 1.1 | -33.3% |
| Total | 36.6 | 32.9 | 40.1 | 35.9 | -0.6% |
Top Export Markets for Bridge from Hungary in 2022:
- Germany (8.4K tons)
- Austria (0.6K tons)
- Sri Lanka (0.3K tons)
- Switzerland (0.2K tons)
Bridge Imports in Hungary
For the third consecutive year, Hungary recorded decline in overseas purchases of bridges, bridge sections, towers and lattice masts (of iron or steel), which decreased by -21.6% to 4.6K tons in 2022. In general, imports continue to indicate a abrupt slump. The smallest decline of -4.6% was in 2020.
In value terms, bridge imports fell to $17M in 2022. Over the period under review, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 3%. As a result, imports attained the peak of $20M, and then contracted in the following year.
| Import of Bridge in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 13.3 | 12.2 | 13.7 | 9.0 | -12.2% |
| Austria | 1.7 | 1.9 | 3.0 | 2.9 | 19.5% |
| Slovakia | 2.3 | 1.6 | 1.5 | 2.5 | 2.8% |
| Germany | 0.9 | 0.6 | 0.8 | 1.9 | 28.3% |
| Belgium | N/A | N/A | 0.7 | 0.7 | 0.0% |
| Italy | 0.5 | 1.4 | N/A | 0.4 | -7.2% |
| Others | 1.2 | 1.6 | 0.2 | 0.1 | -56.3% |
| Total | 19.9 | 19.3 | 19.9 | 17.4 | -4.4% |
Top Suppliers of Bridge to Hungary in 2022:
- Poland (2714.0 tons)
- Austria (923.8 tons)
- Slovakia (408.6 tons)
- Germany (329.8 tons)
- Italy (75.8 tons)
- Belgium (73.2 tons)
This report provides an in-depth analysis of the bridge 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 25112100 - Iron or steel bridges and bridge-sections
- Prodcom 25112200 - Iron or steel towers and lattice masts
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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