Hungary - Acetone - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAcetone Price in Hungary - 2023
Contents:
- Acetone Price in Hungary (CIF) - 2023
- Acetone Price in Hungary (FOB) - 2022
- Acetone Imports in Hungary
- Acetone Exports in Hungary
Acetone Price in Hungary (CIF) - 2023
The average acetone import price stood at $1,141 per ton in June 2023, declining by -21.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 23% month-to-month. As a result, import price attained the peak level of $1,513 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Slovenia ($1,273 per ton) and Spain ($1,171 per ton), while the price for Poland ($1,087 per ton) and Belgium ($1,094 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetone Price in Hungary (FOB) - 2022
In 2021, the average acetone export price amounted to $1,226 per ton, rising by 60% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 90%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($1,404 per ton), while the average price for exports to Serbia ($1,178 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Acetone Imports in Hungary
In 2022, acetone imports into Hungary contracted to 6.3K tons, waning by -5.9% against 2021 figures. Over the period under review, imports continue to indicate a slight slump. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of 6.7K tons, and then contracted in the following year.
In value terms, acetone imports reduced notably to $7.7M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, imports reached the peak of $9.9M, and then dropped remarkably in the following year.
| Import of Acetone in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 2.2 | 3.3 | 5.9 | 63.8% | |
| Poland | 1.1 | 1.4 | 2.9 | 62.4% | |
| Netherlands | N/A | 0.1 | 0.5 | 400.0% | |
| Italy | 0.2 | 0.2 | 0.1 | -29.3% | |
| Slovenia | N/A | 0.2 | 0.1 | -50.0% | |
| Slovakia | 0.3 | N/A | N/A | 0% | |
| Others | 0.1 | 0.2 | 0.4 | 100.0% | |
| Total | 3.8 | 5.4 | 9.9 | 61.4% | |
Top Suppliers of Acetone to Hungary in 2022:
- Germany (3769.3 tons)
- Poland (2287.1 tons)
- Netherlands (310.5 tons)
- Slovenia (111.2 tons)
- Italy (50.9 tons)
- Slovakia (11.6 tons)
Acetone Exports in Hungary
In 2022, approx. 438 tons of acetone were exported from Hungary; growing by 60% against the previous year's figure. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 391%. As a result, the exports reached the peak of 603 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, acetone exports soared to $398K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 365%. As a result, the exports reached the peak of $462K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Acetone in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Romania | 63.0 | 151 | 193 | 75.0% | |
| Serbia | 0.4 | 236 | 131 | 1709.7% | |
| Slovakia | 28.8 | 43.8 | 8.8 | -44.7% | |
| Austria | N/A | 23.1 | N/A | 0% | |
| Others | 7.0 | 8.6 | 1.8 | -49.3% | |
| Total | 99.2 | 462 | 335 | 83.8% | |
Top Export Markets for Acetone from Hungary in 2022:
- Romania (155.4 tons)
- Serbia (111.4 tons)
- Slovakia (6.2 tons)
This report provides an in-depth analysis of the acetone market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146211 - Acetone
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
363
This report provides an in-depth analysis of the acetone market in Hungary.
438
This report provides an in-depth analysis of the ketone and quinone market in Hungary.
226
This report provides an in-depth analysis of the methyl isobutyl ketone market in Hungary.
273
This report provides an in-depth analysis of the butanone market in Hungary.
247
This report provides an in-depth analysis of the cyclohexanone and methylcyclohexanones market in Hungary.
222
This report provides an in-depth analysis of the ionones and methylionones market in Hungary.
266
This report provides an in-depth analysis of the quinones market in Hungary.
16
This report provides an in-depth analysis of the market for acyclic ketones without other oxygen function in Hungary.
63
This report provides an in-depth analysis of the market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Hungary.
2214
This report provides an in-depth analysis of the global acetone market.
78
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
252
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1510
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1129
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
78
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
252
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1510
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1129
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
