Hungary: Market for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) 2024

Market Size for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) in Hungary

In 2023, the Hungarian market for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) decreased by X% to $X, falling for the second consecutive year after two years of decline. Over the period under review, consumption showed noticeable growth. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) in Hungary

In value terms, production of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) declined remarkably to $X in 2023 estimated in export price. In general, production continues to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Exports from Hungary

In 2023, overseas shipments of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) decreased by X% to X kg for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X kg. From 2019 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) dropped sharply to $X in 2023. Overall, exports saw a significant curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for exports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) from Hungary, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) exports from Hungary.

From 2012 to 2023, the average annual rate of growth in terms of value to the Netherlands amounted to X%.

Export Prices by Country

The average export price for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price showed a abrupt descent. The growth pace was the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2023, the rate of growth in terms of prices for Romania amounted to X% per year.

Imports of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Imports into Hungary

In 2023, purchases abroad of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) decreased by X% to X kg, falling for the second year in a row after two years of growth. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) declined to $X in 2023. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the Czech Republic (X kg) constituted the largest compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) supplier to Hungary, with a X% share of total imports. Moreover, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) from the Czech Republic exceeded the figures recorded by the second-largest supplier, Belgium (X kg), threefold.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, the largest compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) suppliers to Hungary were Germany ($X), Belgium ($X) and the Czech Republic ($X).

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform