Hungary - Herbicides - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHerbicide Price in Hungary - 2023
Contents:
- Herbicide Price in Hungary (FOB) - 2023
- Herbicide Price in Hungary (CIF) - 2022
- Herbicide Exports in Hungary
- Herbicide Imports in Hungary
Herbicide Price in Hungary (FOB) - 2023
The average herbicide export price stood at $10,122 per ton in June 2023, growing by 13% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average export price increased by 40% m-o-m. Over the period under review, the average export prices hit record highs at $20,164 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Italy ($23,444 per ton), while the average price for exports to Greece ($4,080 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Herbicide Price in Hungary (CIF) - 2022
The average herbicide import price stood at $11,652 per ton in 2022, increasing by 1.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $12,338 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 the Netherlands ($16,219 per ton), while the price for Austria ($7,507 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Herbicide Exports in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of herbicides, which increased by 19% to 36K tons in 2022. The total export volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, herbicide exports soared to $526M in 2022. The total export value increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Herbicide in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 63.8 | 69.8 | 68.6 | 78.0 | 6.9% |
| Poland | 43.0 | 69.2 | 50.5 | 61.7 | 12.8% |
| Germany | 45.5 | 52.7 | 43.3 | 51.2 | 4.0% |
| Spain | 30.3 | 54.9 | 44.3 | 43.8 | 13.1% |
| Russia | 14.8 | 17.7 | 14.0 | 40.3 | 39.6% |
| Italy | 31.5 | 34.2 | 34.5 | 29.0 | -2.7% |
| Australia | 3.3 | 9.5 | 8.6 | 19.8 | 81.7% |
| Ukraine | 14.6 | 11.1 | 19.1 | 17.2 | 5.6% |
| Romania | 11.3 | 8.9 | 8.3 | 16.1 | 12.5% |
| Denmark | 1.4 | 5.0 | 8.2 | 10.3 | 94.5% |
| Turkey | 4.2 | 8.2 | 6.8 | 10.0 | 33.5% |
| Netherlands | 4.2 | 13.4 | 8.1 | 8.1 | 24.5% |
| Belgium | 2.8 | 5.5 | 11.0 | 6.3 | 31.0% |
| Others | 106 | 107 | 123 | 135 | 8.4% |
| Total | 376 | 467 | 448 | 526 | 11.8% |
Top Export Markets for Herbicide from Hungary in 2022:
- France (7.8K tons)
- Poland (3.9K tons)
- Germany (3.1K tons)
- Russia (2.9K tons)
- Ukraine (2.5K tons)
- Italy (1.8K tons)
- Spain (1.6K tons)
- Turkey (1.1K tons)
- Romania (1.0K tons)
- Netherlands (0.9K tons)
- Denmark (0.9K tons)
- Belgium (0.7K tons)
- Australia (0.6K tons)
Herbicide Imports in Hungary
In 2022, overseas purchases of herbicides were finally on the rise to reach 17K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, herbicide imports surged to $199M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Herbicide in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 57.1 | 42.6 | 57.5 | 63.3 | 3.5% |
| Belgium | 17.4 | 19.4 | 16.4 | 26.6 | 15.2% |
| Israel | 30.5 | 29.4 | 18.5 | 23.0 | -9.0% |
| Germany | 44.0 | 21.7 | 27.1 | 17.9 | -25.9% |
| Netherlands | 0.1 | 0.2 | 1.5 | 17.4 | 458.3% |
| Poland | 2.6 | 2.8 | 8.8 | 14.2 | 76.1% |
| Slovenia | 1.3 | 1.6 | 1.2 | 6.2 | 68.3% |
| Austria | 2.4 | 2.7 | 3.4 | 5.7 | 33.4% |
| Romania | 3.2 | 4.9 | 6.4 | 4.8 | 14.5% |
| Italy | 3.1 | 2.6 | 4.3 | 4.0 | 8.9% |
| Ireland | 1.2 | 1.5 | 2.3 | 3.4 | 41.5% |
| United Kingdom | 4.8 | 4.5 | 1.2 | 1.6 | -30.7% |
| Denmark | 9.8 | 12.4 | 7.2 | 0.6 | -60.6% |
| Others | 6.6 | 6.1 | 6.8 | 10.4 | 16.4% |
| Total | 184 | 152 | 163 | 199 | 2.6% |
Top Suppliers of Herbicide to Hungary in 2022:
- France (4.2K tons)
- Belgium (3.2K tons)
- Israel (1.7K tons)
- Poland (1.6K tons)
- Germany (1.6K tons)
- Netherlands (1.1K tons)
- Austria (0.8K tons)
- Slovenia (0.7K tons)
- Ireland (0.4K tons)
- Romania (0.3K tons)
- Italy (0.3K tons)
- United Kingdom (0.2K tons)
- Denmark (0.1K tons)
This report provides an in-depth analysis of the herbicide 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 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
- Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles
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
288
This report provides an in-depth analysis of the herbicide market in Hungary.
168
This report provides an in-depth analysis of the plant-growth regulators market in Hungary.
292
This report provides an in-depth analysis of the pesticide market in Hungary.
330
This report provides an in-depth analysis of the fungicide and bactericide market in Hungary.
304
This report provides an in-depth analysis of the insecticide market in Hungary.
373
This report provides an in-depth analysis of the disinfectant market in Hungary.
876
This report provides an in-depth analysis of the global herbicide market.
646
This report provides an in-depth analysis of the global plant-growth regulators market.
2169
This report provides an in-depth analysis of the global pesticide market.
1131
This report provides an in-depth analysis of the global fungicide and bactericide market.
86
Global herbicide market is projected to grow over the next seven years, with an expected increase in both volume and value. Consumption trends show fluctuations, with China leading in both production and exports. The article analyzes key players, growth rates, and price variations in the herbicide market.
103
Explore the top import markets for herbicides in 2023 and learn about the key players in the global market.
1116
The global herbicides market revenue amounted to $24.2B in 2017, increasing by 15% against the previous year. This figure ...
132
Explore the top import markets for plant-growth regulators and their key statistics. Find out the leading countries in the plant-growth regulator import industry.
239
Explore the top import markets for insecticides worldwide and learn about key statistics for each country. Find out which countries import the most insecticides and their importance in ensuring crop protection.
719
Global disinfectant imports skyrocketed to $6B in 2020, rising more than twofold over the last year. In physical terms imports grew from 0.9M tons to 1.9M tons. In 2020, the U.S., Canada and Japan featured the largest figures of purchases from abroad in value terms. America saw the highest growth rate of imports, increasing the volume of supplies ninefold. Japan, Hong Kong, Australia, the UK, Germany, Canada and France followed the U.S. in terms of import growth per year. Germany, the U.S. and the UK constituted 39% of global export value last year.
682
Global exports indicated a robust expansion from 2009 to 2018: its volume increased at an average annual rate of +8.4% over the last decade.
638
The global pesticide market is expanding steadily, but the use of modern pesticides that are safe for vertebrates, are now harming pollinating insects. As areas under cultivation continue to increase worldwide, thereby enhancing the potential further use of pesticides, the market may yet encounter environmental constraints in the future.
5899
The global pesticide market revenue amounted to $X in 2017, rising by X% against the previous year.
1270
In value terms, quaternary ammonium salts and hydroxides imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
