Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Hungary - 2023

Contents:

  1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Hungary (CIF) - 2022
  2. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Hungary

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Hungary (CIF) - 2022

The average import price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $19,731 per unit in 2022, which is down by -5.1% against the previous year. In general, the import price showed a abrupt shrinkage. Over the period under review, average import prices reached the peak figure at $28,887 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($25,518 per unit), while the price for the UK ($185 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Hungary

In 2022, overseas purchases of metal-rolling mills; hot or combination hot and cold rolling millses decreased by -80.3% to 12 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, imports reached the peak of 61 units, and then fell rapidly in the following year.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses fell markedly to $237K in 2022. In general, imports, however, enjoyed a slight increase. The pace of growth was the most pronounced in 2020 with an increase of 594%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Hungary (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
South Korea5141,225230-33.1%
Germany4.110.76.223.0%
RomaniaN/AN/A0.70%
United KingdomN/AN/A0.20%
China16422.3N/A-86.4%
Italy868N/AN/A0%
Others10.111.1N/A9.9%
Total1,5601,269237-61.0%

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Hungary in 2022:

  1. South Korea (9.0 units)
  2. United Kingdom (1.0 units)
  3. Romania (1.0 units)
  4. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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