Hungary: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2022

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Hungary

The Hungarian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function expanded sharply to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Hungary

In 2021, exports of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function from Hungary declined remarkably to X kg, waning by -X% on the year before. Overall, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports surged to $X in 2021. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X kg), the UK (X kg) and the Netherlands (X kg) were the main destinations of butanal butanal and acyclic aldehydes exports from Hungary, with a combined X% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports in Brazil exceeded the figures recorded by the second-largest exporter, the UK, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and the UK ($X) were the largest markets for butanal butanal and acyclic aldehydes exported from Hungary worldwide, with a combined X% share of total exports. China, the Netherlands, India and South Africa lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2021, jumping by X% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Hungary

Butanal butanal and acyclic aldehydes imports into Hungary fell modestly to X tons in 2021, which is down by -X% against 2020 figures. In general, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth imports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes imports rose significantly to $X in 2021. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest butanal butanal and acyclic aldehydes supplier to Hungary, accounting for a X% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was occupied by Spain (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Spain (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of butanal butanal and acyclic aldehydes to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Japan (+X% per year).

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform