Aluminium Tube Market Overview in Hungary
In value terms, aluminium tube production stood at $ in 2018 estimated in export prices. Over the period under review, aluminium tube production continues to indicate a precipitous slump. The growth pace was the most rapid in 2010 when production volume increased by % y-o-y. Aluminium tube production peaked at $ in 2007; however, from 2008 to 2018, production failed to regain its momentum.
The revenue of the aluminium tube market in Hungary amounted to $ in 2018, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, aluminium tube consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by % year-to-year. Aluminium tube consumption peaked at $ in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.