Hungary: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Hungary

In 2022, the Hungarian graphite non-electrical articles market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, enjoyed pronounced growth. Graphite non-electrical articles consumption peaked at $X in 2021, and then reduced rapidly in the following year.

Graphite Non-Electrical Articles Production in Hungary

In value terms, graphite non-electrical articles production fell rapidly to $X in 2022 estimated in export price. In general, production recorded a sharp descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. Graphite non-electrical articles production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Graphite Non-Electrical Articles Exports

Exports from Hungary

In 2022, the amount of non-electrical articles of graphite or other carbon exported from Hungary declined to X tons, which is down by X% compared with the previous year's figure. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, graphite non-electrical articles exports dropped to $X in 2022. Overall, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons), the United States (X tons) and Denmark (X tons) were the main destinations of graphite non-electrical articles exports from Hungary, with a combined X% share of total exports. Turkey, Italy, the UK, China, Japan, South Korea, France, Portugal, Brazil and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for graphite non-electrical articles exported from Hungary were Germany ($X), Denmark ($X) and Italy ($X), with a combined X% share of total exports. Turkey, the United States, the UK, China, Portugal, Brazil, Japan, France, Malaysia and South Korea lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average graphite non-electrical articles export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to South Korea ($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 Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Hungary

In 2022, after two years of decline, there was significant growth in overseas purchases of non-electrical articles of graphite or other carbon, when their volume increased by X% to X tons. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, graphite non-electrical articles imports rose notably to $X in 2022. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Japan (X tons) and the United States (X tons) were the main suppliers of graphite non-electrical articles imports to Hungary, together accounting for X% of total imports.

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

In value terms, Japan ($X) constituted the largest supplier of non-electrical articles of graphite or other carbon to Hungary, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

The average graphite non-electrical articles import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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