Earlier Report Observations
The Hungarian market for iron or steel threaded screw hooks and rings showed notable volume shifts from 2018 to 2023. Market size stood at 382 tons in 2018, edged up to 394 tons in 2020, then jumped sharply to 532 tons in 2021. It remained near this peak at 536 tons in 2022 before contracting to 412 tons in 2023.
Import volumes were the primary driver of market changes, rising from 258 tons in 2018 to a high of 433 tons in 2021, which fueled the overall expansion. Domestic production, while fluctuating, added volume, recovering from 77 tons in 2020 to 213 tons in 2022 before moderating to 178 tons in 2023. Exports gradually declined, reinforcing the net supply increase.
In value terms, the market mirrored the volume trajectory, growing from $1.4 million in 2018 to $3.3 million in 2021, then falling to $2.3 million in 2023. The value movement reflects the combined effect of volume changes and shifts in the market's monetary worth over the period.
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 kind
- 4.1.1.1. Production, 2018, 2020-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018, 2020-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018, 2020-2023
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018, 2020-2023
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4.1.1. In kind
- 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, 2020-2023, t
- 5.1.2. In value, 2018, 2020-2023, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, 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 threaded screw hooks and rings in Hungary
In value, 2018-2021, K $ US
The data reveals irregular changes, indicating a volatile market environment. Production peaked in 2018 and reached its lowest point in 2020, showing a 2.1-fold fluctuation between these years. In 2021, output of threaded screw hooks and rings was valued at 308.9 K $ US in Hungary, representing a 56.6% increase year-over-year.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 56.6% | (8.8%) |
In kind, 2018-2021, t
Volatility characterized the market behavior during these years. Production volumes reached their maximum in 2018 and dropped to a minimum in 2020, marking a 2.2-fold shift. In 2021, 131.0 t of threaded screw hooks and rings were produced in Hungary, up by 70.1% compared to 2020.
Annual dynamics of production in Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 70.1% | (8.0%) |
Exports threaded screw hooks and rings from Hungary
Exports in kind, t
Foreign threaded screw hooks and rings supplies from Hungary declined for the third consecutive year. In 2021, exports totalled 31.6 t, showing a measured drop of 7.3% year-over-year. Over the period 2018-2021, exports decreased by 26.9%, with a CAGR of 9.9%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.0%) | (8.3%) | (7.3%) | (9.9%) |
In 2018–2021, Romania and Germany continued to lead the list of markets for exports in kind, together accounting for 82.6% of total flows, while other partners played a supplementary role.
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 volume of threaded screw hooks and rings exports increased for the second consecutive year. In 2021, export volume totalled 256 K $ US, up by 13.9% compared to the previous year. Over the period 2018-2021, exports decreased by 38.5%, with a CAGR of 15.0%. The minimum value was recorded in 2019 at 218 K $ US, which also saw the largest decline of 47.7%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (47.7%) | 3.2% | 13.9% | (15.0%) |
Throughout 2018–2021, the three largest markets — Germany, the United States, and Romania — remained at the centre of exports in value terms, together taking 78.9% of total flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports threaded screw hooks and rings to Hungary
Imports in kind, t
In 2021, Hungary's volume of threaded screw hooks and rings imports was recorded at 432.9 t, amounting to a solid increase of 23.2% relative to the prior year. Between 2018 and 2021, imports increased by 68.1%, equating to an 18.9% annualized rate. The largest decline was recorded in 2020 at 1.5%, while the largest increase occurred in 2019 with 38.4%.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 38.4% | (1.5%) | 23.2% | 18.9% |
Over 2018–2021, Germany (43.0% of imports in kind), China (35.5% of imports in kind), and Poland (6.4% of imports in kind) remained the leading destinations in the country structure of imports in kind, with a combined share of 84.8% of total flows.
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 volume of threaded screw hooks and rings imports stood at 3 232 K $ US, marking a sharp increase of 50.2% over the past year. Between 2018 and 2021, imports increased by 122.5%, equating to a 30.5% annualized rate. The largest decline was recorded in 2020 at 9.1%, while the largest increase was in 2019 with 63.0%.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 63.0% | (9.1%) | 50.2% | 30.5% |
Over 2018–2021, Germany and China remained the main suppliers of threaded screw hooks and rings to Hungary, with a combined share of 82.1% of total imports in value terms, and a fragmented remainder across other countries.
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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