Hungary: Bentonite Market 2021

Bentonite Market Size in Hungary

In 2019, the Hungarian bentonite market increased by X% to $X, rising for the seventh year in a row after two years of decline. Over the period under review, consumption continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Hungary consumption peaked at $X in 2010; however, from 2011 to 2019, consumption remained at a lower figure.

Bentonite Production in Hungary

In value terms, bentonite production skyrocketed to $X in 2019 estimated in export prices. In general, production showed buoyant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2011; however, from 2012 to 2019, production failed to regain the momentum.

Bentonite Exports

Exports from Hungary

In 2019, shipments abroad of bentonite increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, bentonite exports surged to $X in 2019. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the major exporters of bentonite, together creating X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) held a little share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Turkey ($X) and India ($X) were the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

Turkey recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Hungary amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2012 to 2019, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Hungary

For the fifth consecutive year, Hungary recorded growth in supplies from abroad of bentonite, which increased by X% to X tons in 2019. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Hungary imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, bentonite imports totaled $X in 2019. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of bentonite imports in 2019 were Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons), together amounting to X% of total import. Italy (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2019, together comprising X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Hungary stood at $X per ton in 2019, approximately mirroring the previous year. Over the period under review, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Hungary import price peaked at $X per ton in 2009; however, from 2010 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform