Hungary - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Hungary - 2023
Contents:
- Price for Polystyrene in Primary Forms in Hungary (FOB) - 2023
- Price for Polystyrene in Primary Forms in Hungary (CIF) - 2023
- Exports of Polystyrene in Primary Forms in Hungary
- Imports of Polystyrene in Primary Forms in Hungary
Price for Polystyrene in Primary Forms in Hungary (FOB) - 2023
The average polystyrene in primary forms export price stood at $1,701 per ton in June 2023, waning by -7% against the previous month. In general, the export price showed a perceptible decline. The most prominent rate of growth was recorded in January 2023 an increase of 20% against the previous month. The export price peaked at $2,345 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Serbia ($1,936 per ton), while the average price for exports to Malaysia ($254 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 Switzerland (-0.3%), while the prices for the other major destinations experienced a decline.
Price for Polystyrene in Primary Forms in Hungary (CIF) - 2023
The average polystyrene in primary forms import price stood at $1,737 per ton in June 2023, reducing by -7.2% against the previous month. Overall, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in March 2023 an increase of 9.3% m-o-m. Over the period under review, average import prices hit record highs at $2,480 per ton in July 2022; however, from August 2022 to June 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 Czech Republic ($2,458 per ton), while the price for Vietnam ($1,451 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Polystyrene in Primary Forms in Hungary
In 2022, polystyrene in primary forms exports from Hungary reached 64K tons, flattening at the year before. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 8.7%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, polystyrene in primary forms exports expanded rapidly to $123M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Polystyrene in Primary Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 13.3 | 10.6 | 18.8 | 28.0 | 28.2% |
| Poland | 12.1 | 8.7 | 22.2 | 27.3 | 31.2% |
| Serbia | 5.2 | 5.8 | 11.3 | 13.8 | 38.4% |
| Germany | 9.3 | 5.6 | 9.7 | 11.7 | 8.0% |
| Romania | 8.8 | 10.0 | 15.5 | 10.7 | 6.7% |
| France | 5.0 | 4.9 | 1.6 | 7.3 | 13.4% |
| Turkey | 1.6 | 2.1 | 1.5 | 5.0 | 46.2% |
| Ukraine | 2.5 | 3.9 | 3.5 | 3.7 | 14.0% |
| Austria | 0.8 | 1.2 | 2.0 | 3.0 | 55.4% |
| Russia | 9.0 | 10.7 | 15.6 | 2.6 | -33.9% |
| Lithuania | N/A | N/A | N/A | 2.2 | 0% |
| Malaysia | N/A | N/A | 1.1 | 0.6 | -45.5% |
| Hong Kong SAR | N/A | N/A | 0.6 | 0.5 | -16.7% |
| Others | 11.2 | 7.5 | 10.3 | 7.1 | -14.1% |
| Total | 78.8 | 71.1 | 114 | 123 | 16.0% |
Top Export Markets for Polystyrene in Primary Forms from Hungary in 2022:
- Italy (13.8K tons)
- Poland (12.9K tons)
- Serbia (6.2K tons)
- Germany (5.5K tons)
- Romania (5.3K tons)
- France (3.6K tons)
- Malaysia (3.1K tons)
- Turkey (2.5K tons)
- Lithuania (2.3K tons)
- Ukraine (1.9K tons)
- Austria (1.5K tons)
- Russia (1.2K tons)
- Hong Kong SAR (1.1K tons)
Imports of Polystyrene in Primary Forms in Hungary
Polystyrene in primary forms imports into Hungary dropped to 17K tons in 2022, waning by -10.3% against 2021. Overall, imports showed a deep contraction. The smallest decline of -0.1% was in 2021.
In value terms, polystyrene in primary forms imports rose rapidly to $37M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Polystyrene in Primary Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.4 | 10.0 | 13.3 | 14.4 | 2.4% |
| Belgium | 2.0 | 2.3 | 9.9 | 9.5 | 68.1% |
| Italy | 3.6 | 3.1 | 4.4 | 4.5 | 7.7% |
| Greece | 0.3 | N/A | 0.6 | 2.8 | 110.5% |
| Czech Republic | 2.7 | 2.6 | 2.6 | 2.5 | -2.5% |
| France | 0.5 | 0.8 | 1.2 | 0.9 | 21.6% |
| Others | 4.4 | 3.0 | 2.9 | 2.6 | -16.1% |
| Total | 27.0 | 21.8 | 34.9 | 37.2 | 11.3% |
Top Suppliers of Polystyrene in Primary Forms to Hungary in 2022:
- Germany (7.2K tons)
- Belgium (4.2K tons)
- Italy (1.9K tons)
- Greece (1.4K tons)
- Czech Republic (1.2K tons)
- France (0.3K tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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