Earlier Report Observations
The market for cement, concrete or artificial stone articles in Hungary experienced strong growth in 2019, with volume rising to 3.57 million tons and value surpassing 401 million USD. This expansion followed a stable 2018 base of 3.18 million tons and 331.7 million USD, marking a notable uptick in both consumption and market value.
This growth trajectory was interrupted in 2020 as market volume contracted to 3.36 million tons and value decreased to 390.4 million USD. Despite the decline, the market's size remained above the 2018 level, indicating a period of volatility within the three-year span.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2020
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4.2. In value
- 4.2.1. Production, 2018-2020
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2018-2020
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4.1. In kind
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5. Production
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5.1. Production in Hungary
- 5.1.1. In kind, 2018-2020, K t
- 5.1.2. In value, 2018-2020, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ US
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5.1. Production in Hungary
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cement, concrete or artificial stone articles in Hungary
In value, 2018-2021, M $ US
In 2020, Hungary's output of cement, concrete, or artificial stone articles was valued at 410.1 million US dollars, showing a slight decrease of 1.7% compared to 2019. Production peaked in 2019 at 417.4 million US dollars, with the largest annual increase of 18.5% recorded that year. Over the period from 2018 to 2020, production grew by 16.4%, which translates to an average annualized rate of 5.2%.
Annual dynamics of production in Hungary in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.5% | (1.7%) | n/a | - |
In kind, 2018-2021, K t
In 2020, Hungary produced 3,634 thousand tonnes of cement, concrete, or artificial stone articles, marking a modest decline of 3.9% from 2019. The highest production volume was in 2019 at 3,780 thousand tonnes, with the largest annual increase of 7.7% occurring that year. From 2018 to 2020, production increased by 3.6%, averaging a 1.2% annualized growth rate.
Annual dynamics of production in Hungary in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.7% | (3.9%) | n/a | - |
Exports cement, concrete or artificial stone articles from Hungary
Exports in kind, K t
Hungary's exports of cement, concrete, or artificial stone articles in kind rose for the second consecutive year in 2021, reaching 531.4 thousand tonnes, a 21.8% increase compared to 2020. The lowest export volume was in 2019 at 399.6 thousand tonnes, with the largest annual decline of 8.0% recorded that year. Between 2018 and 2021, exports grew by 22.3%, equating to an average annualized rate of 7.0%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.0%) | 9.2% | 21.8% | 7.0% |
From 2018 to 2021, Austria, Slovakia, and Romania were the top destinations for Hungary's exports in kind of cement, concrete, or artificial stone articles. Austria accounted for 48.7% of exports, Slovakia for 21.4%, and Romania for 13.6%, together making up 83.7% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Hungary in kind, 2018-2021
Exports in value, K $ US
Hungary's exports of cement, concrete, or artificial stone articles in value terms increased for the third consecutive year in 2021, totaling 70,221 thousand US dollars, up by 30.6% from 2020. Over the period from 2018 to 2021, exports surged by 57.8%, averaging an annualized growth rate of 16.4%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 14.3% | 5.7% | 30.6% | 16.4% |
Between 2018 and 2021, Austria, Slovakia, and Romania were the three principal markets for Hungary's exports in value terms of cement, concrete, or artificial stone articles, collectively accounting for 81.3% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports cement, concrete or artificial stone articles to Hungary
Imports in kind, K t
Hungary's imports of cement, concrete, or artificial stone articles in kind showed volatility from 2018 to 2021. In 2021, imports amounted to 152.6 thousand tonnes, a moderate decrease of 5.0% from the previous year. The highest import volume was in 2019 at 190.1 thousand tonnes, with the largest annual increase of 74.4% recorded that year. The largest annual decline occurred in 2020 at 15.5%. From the peak in 2019 to the trough in 2018, imports changed by a factor of 1.7.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 74.4% | (15.5%) | (5.0%) | 11.9% |
From 2018 to 2021, Slovakia, Austria, and Romania were the main sources for Hungary's imports in kind of cement, concrete, or artificial stone articles. Slovakia accounted for 44.2% of imports, Austria for 20.0%, and Romania for 9.3%, together comprising 73.5% of total import volumes.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Hungary in kind, 2018-2021
Imports in value, K $ US
In 2021, Hungary's imports of cement, concrete, or artificial stone articles in value terms were recorded at 42,888 thousand US dollars, showing a sharp increase of 25.8% compared to 2020. The largest annual decline was in 2020 at 2.1%, while the largest increase was in 2019 at 45.5%. Between 2018 and 2021, imports grew by 79.4%, averaging an annualized rate of 21.5%.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 45.5% | (2.1%) | 25.8% | 21.5% |
Over the period from 2018 to 2021, Slovakia, Germany, and Poland were the primary suppliers of cement, concrete, or artificial stone articles to Hungary in value terms. Slovakia accounted for 24.6% of imports, Germany for 16.5%, and Poland for 16.5%, jointly making up 57.6% of total import value.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Hungary in value, 2018-2021
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