Hungary - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in Hungary - 2023
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in Hungary (CIF) - 2023
- Price for Isoprene Rubber (IR) in Primary Form in Hungary (FOB) - 2023
- Imports of Isoprene Rubber (IR) in Primary Form in Hungary
- Exports of Isoprene Rubber (IR) in Primary Form in Hungary
Price for Isoprene Rubber (IR) in Primary Form in Hungary (CIF) - 2023
In September 2023, the average import price for isoprene rubber (IR) in primary forms amounted to $1,684 per ton, picking up by 9.4% against the previous month. Overall, the import price, however, continues to indicate a pronounced setback. The growth pace was the most rapid in June 2023 an increase of 74% m-o-m. As a result, import price attained the peak level of $2,999 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($3,777 per ton), while the price for Germany ($1,233 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Finland (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Isoprene Rubber (IR) in Primary Form in Hungary (FOB) - 2023
In September 2023, the average export price for isoprene rubber (IR) in primary forms amounted to $2,300 per ton, remaining stable against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 9.7% against the previous month. As a result, the export price reached the peak level of $2,350 per ton. From May 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($5,259 per ton), while the average price for exports to Italy ($2,106 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Isoprene Rubber (IR) in Primary Form in Hungary
In 2022, approx. 7.5K tons of isoprene rubber (IR) in primary forms were imported into Hungary; waning by -46% against 2021 figures. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 14K tons, and then declined rapidly in the following year.
In value terms, imports of isoprene rubber (IR) in primary forms dropped dramatically to $14M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports attained the peak of $23M, and then contracted notably in the following year.
| Import of Isoprene Rubber (IR) in Primary Form in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 17.2 | 14.8 | 20.5 | 10.3 | -15.7% |
| Poland | N/A | N/A | 0.3 | 1.6 | 433.3% |
| Lithuania | N/A | N/A | N/A | 1.0 | 0% |
| Germany | 1.2 | 0.7 | 0.8 | 0.7 | -16.4% |
| Cyprus | N/A | 0.9 | 1.5 | N/A | 66.7% |
| Others | 0.1 | 0.3 | 0.2 | 0.5 | 71.0% |
| Total | 18.7 | 16.8 | 23.3 | 14.1 | -9.0% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to Hungary in 2022:
- Russia (5.6K tons)
- Poland (0.9K tons)
- Germany (0.5K tons)
- Lithuania (0.4K tons)
Exports of Isoprene Rubber (IR) in Primary Form in Hungary
In 2022, approx. 4.9K tons of isoprene rubber (IR) in primary forms were exported from Hungary; waning by -53.3% against the previous year. In general, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 21%.
In value terms, exports of isoprene rubber (IR) in primary forms dropped markedly to $10M in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $20M, and then shrank rapidly in the following year.
| Export of Isoprene Rubber (IR) in Primary Form in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.7 | 3.9 | 6.2 | 4.0 | -5.2% |
| Spain | 5.0 | 3.7 | 5.5 | 2.9 | -16.6% |
| Germany | 1.8 | 1.5 | 2.3 | 0.5 | -34.8% |
| Thailand | 0.9 | 0.8 | 0.8 | 0.5 | -17.8% |
| Serbia | 0.6 | 0.3 | 0.2 | 0.4 | -12.6% |
| North Macedonia | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Brazil | 2.4 | 1.9 | 2.2 | 0.3 | -50.0% |
| Poland | 0.4 | 0.3 | 0.7 | 0.3 | -9.1% |
| France | 1.0 | 0.5 | 0.7 | 0.2 | -41.5% |
| Others | 0.3 | 0.4 | 0.9 | 0.4 | 10.1% |
| Total | 17.2 | 13.7 | 19.9 | 10.0 | -16.5% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from Hungary in 2022:
- Italy (1900.5 tons)
- Spain (1408.3 tons)
- Germany (269.4 tons)
- Thailand (249.5 tons)
- North Macedonia (240.0 tons)
- Serbia (193.2 tons)
- Brazil (158.8 tons)
- Poland (158.8 tons)
- France (129.6 tons)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:
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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