Hungary - Halogenated Derivatives Of Aromatic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Halogenated Derivatives Of Aromatic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Hydrocarbons Derivatives Price in Hungary - 2023

Contents:

  1. Aromatic Hydrocarbons Derivatives Price in Hungary (CIF) - 2022
  2. Aromatic Hydrocarbons Derivatives Price in Hungary (FOB) - 2023
  3. Aromatic Hydrocarbons Derivatives Imports in Hungary
  4. Aromatic Hydrocarbons Derivatives Exports in Hungary

Aromatic Hydrocarbons Derivatives Price in Hungary (CIF) - 2022

In 2022, the average aromatic hydrocarbons derivatives import price amounted to $4,261 per ton, surging by 20% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aromatic hydrocarbons derivatives import price increased by +127.7% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 75%. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($19,091 per ton), while the price for Germany ($2,270 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Aromatic Hydrocarbons Derivatives Price in Hungary (FOB) - 2023

In May 2023, the average aromatic hydrocarbons derivatives export price amounted to $9.4M per ton, dropping by -33.7% against the previous month. In general, the export price, however, recorded a modest increase. The pace of growth was the most pronounced in April 2023 when the average export price increased by 128% m-o-m. As a result, the export price attained the peak level of $14,119 per kg, and then contracted significantly in the following month.

As there is only one major export destination, the average price level is determined by prices for Germany.

From July 2022 to May 2023, the rate of growth in terms of prices for Germany amounted to +1.3% per month.

Aromatic Hydrocarbons Derivatives Imports in Hungary

In 2022, the amount of halogenated derivatives of aromatic hydrocarbons imported into Hungary surged to 921 tons, growing by 18% against 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, aromatic hydrocarbons derivatives imports skyrocketed to $3.9M in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Aromatic Hydrocarbons Derivatives in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan18.15548061,376323.6%
Poland3072316191,14054.9%
Germany50533554091021.7%
United States3.17.7154235323.2%
China30.822857.512459.1%
United Kingdom3014074.85.9-73.0%
Others18327.9600131-10.5%
Total1,3491,7922,7823,92342.7%

Top Suppliers of Aromatic Hydrocarbons Derivatives to Hungary in 2022:

  1. Germany (401.2 tons)
  2. Poland (375.4 tons)
  3. Japan (72.1 tons)
  4. China (36.1 tons)
  5. United States (24.5 tons)
  6. United Kingdom (0.6 tons)

Aromatic Hydrocarbons Derivatives Exports in Hungary

Aromatic hydrocarbons derivatives exports from Hungary soared to 704 tons in 2022, growing by 3,238% against 2021 figures. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,204%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, aromatic hydrocarbons derivatives exports contracted rapidly to $36K in 2022. Overall, exports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 4,140%. As a result, the exports attained the peak of $70K, and then reduced rapidly in the following year.

Export of Aromatic Hydrocarbons Derivatives in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom45.1N/A16.89.5-40.5%
India0.4N/AN/A1.348.1%
ItalyN/AN/AN/A0.20%
Others0.91.652.924.7201.6%
Total46.41.669.735.7-8.4%

Top Export Markets for Aromatic Hydrocarbons Derivatives from Hungary in 2022:

  1. United Kingdom (598.0 tons)
  2. India (79.6 tons)
  3. Italy (11.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic hydrocarbons derivatives 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 20141970 - Halogenated derivatives of aromatic hydrocarbons

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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