Hungary - Zirconium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Zirconium - Market Analysis, Forecast, Size, Trends And Insights

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Zirconium Price in Hungary - 2021

Contents:

  1. Zirconium Price in Hungary (CIF) - 2022
  2. Zirconium Price in Hungary (FOB) - 2022
  3. Zirconium Imports in Hungary
  4. Zirconium Exports in Hungary

Zirconium Price in Hungary (CIF) - 2022

The average zirconium import price stood at $43,694 per ton in 2022, with an increase of 5.9% against the previous year. Overall, the import price, however, showed a deep reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 96% against the previous year. Over the period under review, average import prices reached the maximum at $81,702 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($44,671 per ton), while the price for the United States ($31,520 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-5.0%), while the prices for the other major suppliers experienced a decline.

Zirconium Price in Hungary (FOB) - 2022

The average zirconium export price stood at $116,151 per ton in 2022, picking up by 44% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2017 an increase of 91%. Over the period under review, the average export prices attained the maximum at $299,988 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bulgaria ($133,296 per ton) and the Czech Republic ($120,423 per ton), while the average price for exports to Croatia ($98,652 per ton) and Slovenia ($119,789 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-13.6%), while the prices for the other major destinations experienced a decline.

Zirconium Imports in Hungary

In 2022, the amount of zirconium imported into Hungary fell to 18 tons, shrinking by -6.6% compared with the year before. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 15%.

In value terms, zirconium imports shrank modestly to $767K in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 2.2%.

Import of Zirconium in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany767510586531-11.5%
France23215796.4138-15.9%
United States15.251.082.371.567.6%
Others56.541.010.526.4-22.4%
Total1,071759775767-10.5%

Top Suppliers of Zirconium to Hungary in 2022:

  1. Germany (11.9 tons)
  2. France (3.3 tons)
  3. United States (2.3 tons)

Zirconium Exports in Hungary

Zirconium exports from Hungary declined significantly to 317 kg in 2022, which is down by -16.6% on 2021. Over the period under review, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year.

In value terms, zirconium exports soared to $37K in 2022. Overall, exports recorded a significant curtailment.

Export of Zirconium in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia11.016.65.19.1-6.1%
Czech Republic22.93.84.28.6-27.9%
Slovakia6.33.38.87.45.5%
Bulgaria15.410.20.47.2-22.4%
Slovenia8.44.33.84.6-18.2%
China16.6N/AN/AN/A0%
United StatesN/AN/A8.1N/A0%
United Arab EmiratesN/A4.5N/AN/A0%
OthersN/A0.30.3N/A0.0%
Total80.643.030.736.8-23.0%

Top Export Markets for Zirconium from Hungary in 2022:

  1. Croatia (92.0 kg)
  2. Czech Republic (71.0 kg)
  3. Slovakia (62.0 kg)
  4. Bulgaria (54.0 kg)
  5. Slovenia (38.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zirconium 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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