Hungary - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 20, 2024

Hungary - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Polyamide Price in Hungary - 2023

Contents:

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

Polyamide Price in Hungary (CIF) - 2023

The average polyamide import price stood at $5,417 per ton in July 2023, increasing by 6.2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2023 an increase of 21% against the previous month. Over the period under review, average import prices hit record highs at $5,476 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($10,876 per ton), while the price for the Czech Republic ($4,144 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 the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyamide Price in Hungary (FOB) - 2022

The average polyamide export price stood at $2,693 per ton in 2022, growing by 7.1% against the previous year. In general, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of 83% against the previous year. The export price peaked at $8,248 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($5,138 per ton), while the average price for exports to Hong Kong SAR ($417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports in Hungary

Polyamide imports into Hungary dropped to 34K tons in 2022, which is down by -11.8% against the year before. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 7.1% against the previous year.

In value terms, polyamide imports rose notably to $167M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Polyamide in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany86.669.988.489.31.0%
Belgium15.712.313.620.59.3%
Netherlands13.212.211.815.76.0%
Italy5.44.19.18.817.7%
Austria6.03.94.76.63.2%
Czech Republic3.53.43.44.911.9%
France5.74.46.84.7-6.2%
United Kingdom5.55.61.42.3-25.2%
Others8.48.212.014.319.4%
Total1501241511673.6%

Top Suppliers of Polyamide to Hungary in 2022:

  1. Germany (18.7K tons)
  2. Belgium (3.5K tons)
  3. Netherlands (3.2K tons)
  4. Italy (1.9K tons)
  5. Czech Republic (1.2K tons)
  6. Austria (1.1K tons)
  7. France (1.0K tons)
  8. United Kingdom (0.4K tons)

Polyamide Exports in Hungary

In 2022, approx. 3.5K tons of polyamides (in primary forms) were exported from Hungary; remaining constant against 2021 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 105%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, polyamide exports expanded significantly to $9.4M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Polyamide in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7761,2902,8234,04331.5%
Romania556832646495-3.8%
China21115131039122.8%
Italy951419500361-27.6%
Netherlands11.340.33.6339210.7%
Bulgaria33742.8410309-2.8%
Belgium18.923.445.6262140.2%
Czech Republic16716141024012.8%
Slovenia11.421.8103235174.2%
Poland448418475231-19.8%
Slovakia58527262.1229-26.8%
Malaysia12622.246.475.2-15.8%
Hong Kong SAR67.929.211.858.3-5.0%
Others1,7271,9232,8992,1287.2%
Total6,9945,6468,7469,39710.3%

Top Export Markets for Polyamide from Hungary in 2022:

  1. Germany (1590.0 tons)
  2. Italy (240.5 tons)
  3. Romania (179.4 tons)
  4. Netherlands (152.8 tons)
  5. Hong Kong SAR (139.7 tons)
  6. Slovenia (133.5 tons)
  7. Poland (132.1 tons)
  8. Slovakia (100.2 tons)
  9. Malaysia (98.1 tons)
  10. Bulgaria (90.6 tons)
  11. China (76.1 tons)
  12. Czech Republic (67.2 tons)
  13. Belgium (61.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyamide 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 20165450 - Polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12, in primary forms
  • Prodcom 20165490 - Polyamides, in primary forms (excluding polyamide -6, -11, .12, -6,6, -6,9, -6,10 or -6,12)

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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