For the eighth year in a row, the Hungarian market for granulated slag from iron or steel manufacturings recorded growth in sales value, which increased by X% to $X in 2024. Overall, consumption, however, continues to indicate a buoyant expansion. Consumption of peaked in 2024 and is expected to retain growth in the immediate term.
Production of Granulated Slag from Iron or Steel Manufacturing in Hungary
In value terms, production of granulated slag from iron or steel manufacturings rose markedly to $X in 2024 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production of attained the maximum level in 2024 and is likely to continue growth in years to come.
Exports of Granulated Slag from Iron or Steel ManufacturingExports from Hungary
After two years of growth, shipments abroad of granulated slag from iron or steel manufacturings decreased by X% to X tons in 2024. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2023, and then declined dramatically in the following year.
In value terms, exports of granulated slag from iron or steel manufacturings shrank sharply to $X in 2024. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2024, the growth of the exports of failed to regain momentum.
Exports by Country
Bosnia and Herzegovina (X tons) and the Netherlands (X tons) were the main destinations of exports of granulated slag from iron or steel manufacturings from Hungary.
From 2015 to 2024, the biggest increases were recorded for the Netherlands (with a CAGR of X%).
In value terms, Bosnia and Herzegovina ($X) and the Netherlands ($X) appeared to be the largest markets for granulated slag from iron or steel manufacturing exported from Hungary worldwide.
Bosnia and Herzegovina, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.
Export Prices by Country
The average export price for granulated slag from iron or steel manufacturings stood at $X per ton in 2024, with an increase of X% against the previous year. In general, the export price, however, recorded a precipitous contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2024, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.
From 2015 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).
Imports of Granulated Slag from Iron or Steel ManufacturingImports into Hungary
In 2024, supplies from abroad of granulated slag from iron or steel manufacturings decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports of reached the maximum at X tons in 2022; however, from 2023 to 2024, imports stood at a somewhat lower figure.
In value terms, imports of granulated slag from iron or steel manufacturings reduced to $X in 2024. Overall, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports of attained the maximum at $X in 2022; however, from 2023 to 2024, imports stood at a somewhat lower figure.
Imports by Country
In 2024, Bosnia and Herzegovina (X tons) constituted the largest supplier of granulated slag from iron or steel manufacturing to Hungary, with a X% share of total imports. Moreover, imports of granulated slag from iron or steel manufacturings from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold.
From 2012 to 2024, the average annual growth rate of volume from Bosnia and Herzegovina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Slovakia (X% per year).
In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of granulated slag from iron or steel manufacturings to Hungary, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports.
From 2012 to 2024, the average annual rate of growth in terms of value from Bosnia and Herzegovina totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Slovakia (X% per year).
Import Prices by Country
In 2024, the average import price for granulated slag from iron or steel manufacturings amounted to $X per ton, surging by X% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The import price peaked in 2024 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Serbia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
China constituted the country with the largest volume of consumption of granulated slag from iron or steel manufacturings, comprising approx. 64% of total volume. Moreover, consumption of granulated slag from iron or steel manufacturings in China exceeded the figures recorded by the second-largest consumer, India, tenfold. Japan ranked third in terms of total consumption with a 4.6% share.
China remains the largest granulated slag from iron or steel manufacturing producing country worldwide, comprising approx. 65% of total volume. Moreover, production of granulated slag from iron or steel manufacturings in China exceeded the figures recorded by the second-largest producer, India, tenfold. The third position in this ranking was taken by Japan, with a 5.3% share.
In value terms, Bosnia and Herzegovina constituted the largest supplier of granulated slag from iron or steel manufacturings to Hungary, comprising 80% of total imports. The second position in the ranking was held by Austria, with a 12% share of total imports.
In value terms, the largest markets for granulated slag from iron or steel manufacturing exported from Hungary were Bosnia and Herzegovina and the Netherlands.
The average export price for granulated slag from iron or steel manufacturings stood at $38 per ton in 2024, surging by 28% against the previous year. Over the period under review, the export price, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 297%. As a result, the export price reached the peak level of $6,500 per ton. From 2020 to 2024, the average export prices remained at a lower figure.
In 2024, the average import price for granulated slag from iron or steel manufacturings amounted to $50 per ton, rising by 4.4% against the previous year. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in 2015 when the average import price increased by 523%. The import price peaked in 2024 and is expected to retain growth in the immediate term.
This report provides an in-depth analysis of the market for granulated slag from iron or steel manufacturing 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:Granulated Slag from Iron or Steel ManufacturingCountry 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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