After three years of decline, the Hungarian steel woven cloth market increased by X% to $X in 2024. Over the period under review, consumption saw a relatively flat trend pattern. Steel woven cloth consumption peaked at $X in 2020; however, from 2021 to 2024, consumption stood at a somewhat lower figure.
Steel Woven Cloth Production in Hungary
In value terms, steel woven cloth production expanded significantly to $X in 2024 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2024, production growth remained at a lower figure.
Steel Woven Cloth ExportsExports from Hungary
In 2024, overseas shipments of woven cloth, including endless bands, of iron or steel wire increased by X% to X square meters for the first time since 2021, thus ending a two-year declining trend. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X square meters in 2021; however, from 2022 to 2024, the exports failed to regain momentum.
In value terms, steel woven cloth exports declined remarkably to $X in 2024. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2023, and then reduced sharply in the following year.
Exports by Country
Ukraine (X square meters) was the main destination for steel woven cloth exports from Hungary, with a X% share of total exports. Moreover, steel woven cloth exports to Ukraine exceeded the volume sent to the second major destination, Slovenia (X square meters), more than tenfold. The third position in this ranking was held by Libya (X square meters), with a X% share.
From 2012 to 2024, the average annual rate of growth in terms of volume to Ukraine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Libya (X.3% per year).
In value terms, Ukraine ($X) remains the key foreign market for woven cloth, including endless bands, of iron or steel wire exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Libya, with a X% share.
From 2012 to 2024, the average annual rate of growth in terms of value to Ukraine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Libya (X% per year).
Export Prices by Country
In 2024, the average steel woven cloth export price amounted to $X per square meter, declining by X% against the previous year. In general, the export price, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per square meter in 2023, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per square meter), while the average price for exports to France ($X per square meter) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Woven Cloth ImportsImports into Hungary
In 2024, purchases abroad of woven cloth, including endless bands, of iron or steel wire increased by X% to X square meters for the first time since 2020, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X square meters in 2020; however, from 2021 to 2024, imports failed to regain momentum.
In value terms, steel woven cloth imports dropped rapidly to $X in 2024. Over the period under review, imports continue to indicate notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2023, and then dropped dramatically in the following year.
Imports by Country
China (X square meters), the Czech Republic (X square meters) and Germany (X square meters) were the main suppliers of steel woven cloth imports to Hungary, together comprising X% of total imports.
From 2012 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of woven cloth, including endless bands, of iron or steel wire to Hungary, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.
From 2012 to 2024, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Czech Republic (X% per year).
Import Prices by Country
The average steel woven cloth import price stood at $X per square meter in 2024, waning by X% against the previous year. Overall, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2023, and then fell rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for the Czech Republic ($X per square meter) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
The countries with the highest volumes of consumption in 2024 were China, Turkey and the United States, with a combined 39% share of global consumption. Saudi Arabia, India, Japan, France, Russia, Indonesia and Spain lagged somewhat behind, together accounting for a further 26%.
China constituted the country with the largest volume of steel woven cloth production, comprising approx. 33% of total volume. Moreover, steel woven cloth production in China exceeded the figures recorded by the second-largest producer, Turkey, twofold. The third position in this ranking was held by the United States, with a 9.3% share.
In value terms, Germany constituted the largest supplier of woven cloth, including endless bands, of iron or steel wire to Hungary, comprising 69% of total imports. The second position in the ranking was taken by China, with a 10% share of total imports. It was followed by the Czech Republic, with a 4.6% share.
In value terms, Ukraine remains the key foreign market for woven cloth, including endless bands, of iron or steel wire exports from Hungary, comprising 97% of total exports. The second position in the ranking was taken by Germany, with a 1.2% share of total exports. It was followed by Libya, with a 0.9% share.
The average steel woven cloth export price stood at $48 per square meter in 2024, declining by -60.2% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 1,447% against the previous year. The export price peaked at $121 per square meter in 2023, and then reduced notably in the following year.
In 2024, the average steel woven cloth import price amounted to $10 per square meter, shrinking by -39.5% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 96%. Over the period under review, average import prices hit record highs at $17 per square meter in 2023, and then fell rapidly in the following year.
This report provides an in-depth analysis of the steel woven cloth 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 25931315 – Woven cloth, including endless bands, of iron or steel wire (excluding endless bands for machinery of stainless steel) Country coverage:Data coverage:Market volume and valuePer Capita consumptionForecast of the market dynamics in the medium termTrade (exports and imports) in HungaryExport and import pricesMarket trends, drivers and restraintsKey market players and their profilesReasons to buy this report:Take advantage of the latest dataFind deeper insights into current market developmentsDiscover vital success factors affecting the market
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