Hungary - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnvulcanised Rubber Price in Hungary - 2023
Contents:
- Unvulcanised Rubber Price in Hungary (CIF) - 2023
- Unvulcanised Rubber Price in Hungary (FOB) - 2022
- Unvulcanised Rubber Imports in Hungary
- Unvulcanised Rubber Exports in Hungary
Unvulcanised Rubber Price in Hungary (CIF) - 2023
In June 2023, the average unvulcanised rubber import price amounted to $3,250 per ton, remaining constant against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 7.5% month-to-month. Over the period under review, average import prices hit record highs at $3,353 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($3,527 per ton) and Romania ($3,395 per ton), while the price for Poland ($2,950 per ton) and Italy ($3,017 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Unvulcanised Rubber Price in Hungary (FOB) - 2022
The average unvulcanised rubber export price stood at $3,641 per ton in 2022, jumping by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($4,521 per ton), while the average price for exports to Serbia ($913 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 Germany (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Unvulcanised Rubber Imports in Hungary
In 2022, the amount of unvulcanised rubber imported into Hungary declined to 27K tons, which is down by -11.7% against the previous year. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year.
In value terms, unvulcanised rubber imports rose remarkably to $80M in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Unvulcanised Rubber in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 19.0 | 17.2 | 18.2 | 22.7 | 6.1% |
Italy | 18.8 | 16.6 | 22.2 | 21.2 | 4.1% |
Poland | 13.2 | 10.3 | 15.9 | 17.3 | 9.4% |
Romania | 13.1 | 5.2 | 5.4 | 7.9 | -15.5% |
France | 9.1 | 5.8 | 5.7 | 6.4 | -11.1% |
Turkey | 3.2 | 1.8 | 3.2 | 0.1 | -68.5% |
Others | 3.7 | 4.3 | 5.1 | 4.9 | 9.8% |
Total | 80.1 | 61.2 | 75.7 | 80.5 | 0.2% |
Top Suppliers of Unvulcanised Rubber to Hungary in 2022:
- Turkey (undefinedK tons)
- Italy (7.6K tons)
- Germany (7.0K tons)
- Poland (6.5K tons)
- Romania (2.5K tons)
- France (2.3K tons)
Unvulcanised Rubber Exports in Hungary
In 2022, approx. 17K tons of unvulcanised rubber were exported from Hungary; jumping by 17% compared with the year before. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +86.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, unvulcanised rubber exports skyrocketed to $62M in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Unvulcanised Rubber in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 16.3 | 11.2 | 17.3 | 34.0 | 27.8% |
Slovenia | 11.0 | 9.4 | 11.9 | 13.5 | 7.1% |
Germany | 1.1 | 1.4 | 9.5 | 10.1 | 109.4% |
Poland | N/A | 0.3 | 0.5 | 1.5 | 123.6% |
Serbia | 0.7 | 0.9 | 1.0 | 0.9 | 8.7% |
Others | 2.0 | 1.3 | 1.6 | 1.7 | -5.3% |
Total | 31.1 | 24.6 | 41.8 | 61.7 | 25.7% |
Top Export Markets for Unvulcanised Rubber from Hungary in 2022:
- Romania (7.5K tons)
- Slovenia (3.7K tons)
- Germany (3.4K tons)
- Serbia (1.0K tons)
- Poland (0.9K tons)
This report provides an in-depth analysis of the unvulcanised rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
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
This report provides an in-depth analysis of the unvulcanised rubber market in Hungary.
This report provides an in-depth analysis of the unvulcanized rubber market in Hungary.
This report provides an in-depth analysis of the global unvulcanised rubber market.
This report provides an in-depth analysis of the global unvulcanized rubber market.
This report provides an in-depth analysis of the unvulcanised rubber market in Hungary.
This report provides an in-depth analysis of the unvulcanized rubber market in Hungary.
This report provides an in-depth analysis of the global unvulcanised rubber market.
This report provides an in-depth analysis of the global unvulcanized rubber market.
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
EU unvulcanized rubber production showed mixed dynamics from 2007 to 2014, eventually falling from X thousand tons in 2007 to X thousand tons in 2014. It dropped with a CAGR of X% over the period under review. In value terms, EU rubber pr
Germany held off a hard charging Thailand in the global unvulcanized rubber trade. In 2014, Germany exported X kt of unvulcanized rubber totaling $X, X% under the previous year. Its primary trading partner was France, where it supplied X%
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
EU unvulcanized rubber production showed mixed dynamics from 2007 to 2014, eventually falling from X thousand tons in 2007 to X thousand tons in 2014. It dropped with a CAGR of X% over the period under review. In value terms, EU rubber pr
Germany held off a hard charging Thailand in the global unvulcanized rubber trade. In 2014, Germany exported X kt of unvulcanized rubber totaling $X, X% under the previous year. Its primary trading partner was France, where it supplied X%