Earlier Report Observations
The market for limestone flux, limestone, and calcareous stone in Hungary showed significant value fluctuations between 2018 and 2022. Initial activity in 2018 was marked by strong import volumes, signaling healthy underlying demand. The market value grew slightly to 30.0 million USD in 2019 but then fell sharply to 24.5 million USD in 2020. A partial recovery to 28.7 million USD occurred in 2021, before another decline brought the size down to 21.0 million USD in 2022.
A strong turnaround began in 2023, with the market value surging by 41% to 29.7 million USD. This growth was primarily driven by increased global demand from the construction and steel industries, which raised consumption of limestone products. The upward trend continued into 2024, with the market reaching 33.1 million USD, supported by a broader recovery in the European limestone market where production and consumption increased after several years of decline.
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 and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Hungary
- 5.1.1. In kind, 2018-2024, K t
- 5.1.2. In value, 2018-2024, K $ 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, K $ 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, t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, 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, t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, 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, t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, 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, t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, 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, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, 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 limestone flux, limestone and calcareous stone in Hungary
In value, 2018-2021, K $ US
In 2019, Hungary's limestone flux, limestone and calcareous stone production reached its peak value at 29 605 K $ US. This was followed by a significant decline of 18.8% in 2020, when output dropped to 24 040 K $ US. However, production rebounded in 2021, increasing by 19.1% to reach 28 625 K $ US.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.8% | (18.8%) | 19.1% | (0.2%) |
In kind, 2018-2021, K t
Hungary's production volume of limestone flux, limestone and calcareous stone showed a mixed trend in recent years. After declining for two consecutive years, output increased in 2021 to 2 721 K t, representing a 7.7% year-over-year growth. The lowest point was recorded in 2020 at 2 526 K t, which marked a substantial 16.0% decrease from the previous year. Over the entire 2018-2021 period, production fell by 12.8%, averaging an annual decline of 4.5%.
Annual dynamics of production in Hungary in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.7%) | (16.0%) | 7.7% | (4.5%) |
Exports limestone flux, limestone and calcareous stone from Hungary
Exports in kind, t
Hungary's exports of limestone flux, limestone and calcareous stone have been declining for three straight years. In 2021, export volume stood at just 50 t, reflecting a sharp 34.6% drop compared to 2020. Looking at the broader 2018-2021 timeframe, exports contracted by 65%, with an average annual decrease of 29.5%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.7%) | (42.6%) | (34.6%) | (29.5%) |
Between 2018 and 2021, Hungary's export structure for limestone flux, limestone and calcareous stone was highly concentrated. Romania dominated the market, accounting for 91.4% of all export flows during this period.
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
For the third consecutive year, Hungary's export value of limestone flux, limestone and calcareous stone decreased. In 2021, exports totaled 11.5 K $ US, down 16.3% from the previous year. Over the 2018-2021 period, export value fell by 61.1%, with a compound annual growth rate of -27.0%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.3%) | (49.8%) | (16.3%) | (27.0%) |
From 2018 to 2021, Hungary's export value of limestone flux, limestone and calcareous stone was overwhelmingly concentrated in one market. Romania accounted for 92.9% of total export value during this timeframe.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports limestone flux, limestone and calcareous stone to Hungary
Imports in kind, t
Hungary's import volume of limestone flux, limestone and calcareous stone experienced significant fluctuations between 2018 and 2021. Imports peaked in 2020 at 7 024 t, representing an 18.1% increase from the previous year. However, they plummeted in 2021 to just 1 336 t, marking an 81.0% decline. The difference between the peak in 2020 and the low in 2021 was 5.3-fold.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.5% | 18.1% | (81.0%) | (37.3%) |
During the 2018-2021 period, Slovenia and Croatia were Hungary's primary suppliers of limestone flux, limestone and calcareous stone by volume. Together, they accounted for 86.6% of total imports, with the remaining share distributed among various other countries.
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
Hungary's import value of limestone flux, limestone and calcareous stone showed considerable volatility from 2018 to 2021. The highest value was recorded in 2020 at 446.2 K $ US, which represented an 8.6% increase from the previous year. In 2021, import value dropped sharply to 75.0 K $ US, an 83.2% decrease. The gap between the 2020 peak and the 2021 low was sixfold.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.1% | 8.6% | (83.2%) | (42.0%) |
Between 2018 and 2021, Slovenia and Croatia were Hungary's main sources for limestone flux, limestone and calcareous stone imports by value. These two countries together represented 90.2% of total import value, while the remainder was spread across other markets.
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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