Hungary - Buta-1,3-Diene And Isoprene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButa-1,3-Diene and Isoprene Price in Hungary - 2023
Contents:
- Buta-1,3-Diene and Isoprene Price in Hungary (FOB) - 2023
- Buta-1,3-Diene and Isoprene Price in Hungary (CIF) - 2022
- Buta-1,3-Diene and Isoprene Exports in Hungary
- Buta-1,3-Diene and Isoprene Imports in Hungary
Buta-1,3-Diene and Isoprene Price in Hungary (FOB) - 2023
In May 2023, the average buta-1,3-diene and isoprene export price amounted to $995 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price saw a pronounced descent. The pace of growth was the most pronounced in March 2023 an increase of 4% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,314 per ton in May 2022; however, from June 2022 to May 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In May 2023, the country with the highest price was the Czech Republic ($996 per ton), while the average price for exports to Poland stood at $995 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-2.2%), while the prices for the other major destinations experienced a decline.
Buta-1,3-Diene and Isoprene Price in Hungary (CIF) - 2022
The average buta-1,3-diene and isoprene import price stood at $5,370 per ton in 2021, with a decrease of -39.1% against the previous year. In general, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 87% against the previous year. As a result, import price reached the peak level of $29,250 per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -12.7% per year.
Buta-1,3-Diene and Isoprene Exports in Hungary
In 2022, approx. 46K tons of buta-1,3-diene and isoprene were exported from Hungary; declining by -41.9% on the previous year. In general, exports faced a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of 78K tons, and then contracted remarkably in the following year.
In value terms, buta-1,3-diene and isoprene exports shrank notably to $53M in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 156% against the previous year. As a result, the exports attained the peak of $80M, and then dropped rapidly in the following year.
Export of Buta-1,3-Diene and Isoprene in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 32.9 | 21.2 | 43.1 | 38.0 | 4.9% |
Czech Republic | 11.3 | 6.1 | 10.8 | 8.7 | -8.3% |
Germany | 12.9 | 4.1 | 24.3 | 6.7 | -19.6% |
Netherlands | 6.3 | N/A | N/A | N/A | 0% |
Others | 1.7 | N/A | 2.1 | N/A | 11.1% |
Total | 65.1 | 31.4 | 80.3 | 53.4 | -6.4% |
Top Export Markets for Buta-1,3-Diene and Isoprene from Hungary in 2022:
- Poland (31.3K tons)
- Czech Republic (8.2K tons)
- Germany (6.0K tons)
Buta-1,3-Diene and Isoprene Imports in Hungary
For the third year in a row, Hungary recorded growth in overseas purchases of buta-1,3-diene and isoprene, which increased by 145% to 27 kg in 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, buta-1,3-diene and isoprene imports surged to $145 in 2021. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Buta-1,3-Diene and Isoprene in Hungary (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Germany | 78.0 | 97.0 | 145 | 36.3% | |
Others | N/A | N/A | N/A | 0% | |
Total | 78.0 | 97.0 | 145 | 36.3% |
Top Suppliers of Buta-1,3-Diene and Isoprene to Hungary in 2022:
- Germany (27.0 kg)
This report provides an in-depth analysis of the buta-1,3-diene and isoprene 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 20141160 - Buta-1,3-diene and isoprene
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
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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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