Hungary - Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAntibiotic Price in Hungary - 2023
Contents:
- Antibiotic Price in Hungary (FOB) - 2022
- Antibiotic Price in Hungary (CIF) - 2023
- Antibiotic Exports in Hungary
- Antibiotic Imports in Hungary
Antibiotic Price in Hungary (FOB) - 2022
In 2021, the average antibiotic export price amounted to $1,753,610 per ton, jumping by 51% against the previous year. In general, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, antibiotic export price decreased by -12.8% against 2019 indices. Over the period under review, the average export prices hit record highs at $2,011,405 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($3,950,541 per ton), while the average price for exports to the Czech Republic ($400,588 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 Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Antibiotic Price in Hungary (CIF) - 2023
In July 2023, the average antibiotic import price amounted to $64,213 per ton, growing by 11% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 148% m-o-m. As a result, import price attained the peak level of $313K per ton. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($102K per ton), while the price for Spain ($31,849 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.
Antibiotic Exports in Hungary
Antibiotic exports from Hungary skyrocketed to 103 tons in 2022, increasing by 46% against 2021 figures. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 104%. As a result, the exports attained the peak of 115 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, antibiotic exports reduced modestly to $120M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of $133M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Antibiotic in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 37.1 | 35.5 | 39.9 | 3.7% | |
| China | 10.0 | 11.8 | 11.5 | 7.2% | |
| Croatia | 11.5 | 8.8 | 11.2 | -1.3% | |
| Czech Republic | 3.6 | 15.3 | 10.8 | 73.2% | |
| United States | 7.5 | 15.7 | 10.4 | 17.8% | |
| United Kingdom | 8.8 | 7.7 | 8.8 | 0.0% | |
| Denmark | N/A | 1.0 | 5.4 | 440.0% | |
| Bangladesh | 2.5 | 1.9 | 2.4 | -2.0% | |
| Turkey | 2.6 | 2.9 | 2.3 | -5.9% | |
| Italy | 2.1 | 2.0 | 2.2 | 2.4% | |
| Greece | 1.4 | 2.0 | 1.7 | 10.2% | |
| United Arab Emirates | 1.0 | 0.6 | 1.6 | 26.5% | |
| Belgium | 3.5 | 4.5 | 0.9 | -49.3% | |
| Others | 21.8 | 23.6 | 15.2 | -16.5% | |
| Total | 113 | 133 | 124 | 4.8% | |
Top Export Markets for Antibiotic from Hungary in 2022:
- Czech Republic (27.0 tons)
- India (11.4 tons)
- China (10.1 tons)
- United Kingdom (4.3 tons)
- Croatia (3.1 tons)
- United Arab Emirates (2.9 tons)
- United States (2.6 tons)
- Denmark (1.4 tons)
- Turkey (1.3 tons)
- Italy (1.3 tons)
- Greece (1.3 tons)
- Bangladesh (1.2 tons)
- Belgium (0.3 tons)
Antibiotic Imports in Hungary
For the third year in a row, Hungary recorded decline in overseas purchases of antibiotics, which decreased by -48.3% to 89 tons in 2022. Overall, imports recorded a precipitous curtailment. The smallest decline of -1.4% was in 2020.
In value terms, antibiotic imports reduced modestly to $9.8M in 2022. In general, imports faced a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Antibiotic in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 5.3 | 6.3 | 3.9 | -14.2% | |
| United States | 2.7 | 3.1 | 1.0 | -39.1% | |
| Germany | 3.6 | 3.1 | 1.0 | -47.3% | |
| Netherlands | 0.9 | 1.7 | 0.7 | -11.8% | |
| Croatia | N/A | N/A | 0.6 | 0% | |
| United Kingdom | N/A | N/A | 0.4 | 0% | |
| Austria | N/A | N/A | 0.1 | 0% | |
| Others | 4.1 | 5.2 | 2.5 | -21.9% | |
| Total | 16.7 | 19.4 | 10.2 | -21.8% | |
Top Suppliers of Antibiotic to Hungary in 2022:
- China (97.7 tons)
- Croatia (52.9 tons)
- Germany (45.8 tons)
- Netherlands (15.5 tons)
- United States (13.0 tons)
- United Kingdom (6.0 tons)
- Austria (5.6 tons)
This report provides an in-depth analysis of the antibiotic 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 21105400 - Antibiotics
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.
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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
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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
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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
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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
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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
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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
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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
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This report provides an in-depth analysis of the antibiotic market in Hungary.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in Hungary.
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This report provides an in-depth analysis of the global antibiotic market.
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Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
609
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
1466
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2682
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
1367
China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption
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Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli
214
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
609
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
1466
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2682
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
