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Pricing

2022
Exports $81.5MWorld Rnk 18 / 148
Flag Rnk 227 / 1206
2022
Destination $8.61M Germany
2021 - 2022
FASTEST GROWING MARKET $8.61MCzechia
2022
PRODUCT COMPLEXITY IN Rock Wool0.63Rnk 307 / 1025
2022
Imports $83.4MWorld Rnk 23 / 215
Flag Rnk 283 / 1210
2022
Origin $11.7M Poland
2021 - 2022
FASTEST GROWING ORIGIN $11.7MPoland
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $81.5M in Rock Wool, making it the 18th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 227th most exported product in Hungary. The main destination of Rock Wool exports from Hungary are: Germany ($24.9M), United States ($12.3M), Czechia ($11M), Romania ($6.95M), and Portugal ($6.95M).

The fastest growing export markets for Rock Wool of Hungary between 2021 and 2022 were Czechia ($8.61M), Germany ($8.44M), and Portugal ($5.44M).

Imports In 2022, Hungary imported $83.4M in Rock Wool, becoming the 23rd largest importer of Rock Wool in the world. At the same year, Rock Wool was the 283rd most imported product in Hungary. Hungary imports Rock Wool primarily from: Poland ($21.3M), Japan ($18.3M), Germany ($9.27M), Czechia ($8.55M), and Romania ($6M).

The fastest growing import markets in Rock Wool for Hungary between 2021 and 2022 were Poland ($11.7M), Czechia ($5.41M), and Romania ($5.35M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rock Wool. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.5M
IMPORTS (2022)$83.4M
NET TRADE (2022)-$1.87M

In 2022, Hungary exported $81.5M in Rock Wool. The main destinations of Hungary exports on Rock Wool were Germany ($24.9M), United States ($12.3M), Czechia ($11M), Romania ($6.95M), and Portugal ($6.95M).

In 2022, Hungary imported $83.4M in Rock Wool, mainly from Poland ($21.3M), Japan ($18.3M), Germany ($9.27M), Czechia ($8.55M), and Romania ($6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Czechia$8.61M (353%)
Germany$8.44M (51.4%)
Portugal$5.44M (362%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Hungary WERE (2021 - 2022):
China-$8.29M (-68.7%)
France-$333k (-25.9%)
Slovakia-$268k (-74%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Rock Wool were:
Germany $667M
Poland $567M
China $552M
In 2022, Hungary's main importing competitors in Rock Wool were:
Germany $513M
United States $426M
Italy $356M

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.49M
TOP IMPORT POTENTIALCroatia+ $1.75M

Rock Wool’s highest export potential is United States. With an export gap of $2.49M.   Rock Wool’s highest import potential is Croatia with an import gap of $1.75M.

See methodology.

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