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Hungary - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Heterocyclic Compound Market Overview 2021

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Heterocyclic Compound Market Size in Hungary

In 2020, after two years of decline, there was significant growth in the Hungarian heterocyclic compound market, when its value increased by X% to $X. Over the period under review, consumption saw resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Heterocyclic Compound Production in Hungary

In value terms, heterocyclic compound production totaled $X in 2020 estimated in export prices. Overall, production enjoyed significant growth. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Heterocyclic Compound Exports

Exports from Hungary

Heterocyclic compound exports from Hungary reduced to X tonnes in 2020, dropping by -X% compared with the year before. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, heterocyclic compound exports expanded significantly to $X in 2020. Over the period under review, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

Exports by Country

Russia (X tonnes), Ireland (X tonnes) and France (X tonnes) were the main destinations of heterocyclic compound exports from Hungary, together comprising X% of total exports. Slovakia, Germany, Canada and the Czech Republic lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for heterocyclic compound exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and France (+X% per year).

Export Prices by Country

The average heterocyclic compound export price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, export price indicated slight growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, heterocyclic compound export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced mixed trend patterns.

Heterocyclic Compound Imports

Imports into Hungary

In 2020, imports of heterocyclic compounds into Hungary soared to X tonnes, jumping by X% on the previous year. Over the period under review, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, heterocyclic compound imports soared to $X in 2020. Overall, imports showed strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the near future.

Imports by Country

Switzerland (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of heterocyclic compound imports to Hungary, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Switzerland ($X) constituted the largest heterocyclic compound suppliers to Hungary, with a combined X% share of total imports.

Switzerland (+X% per year) recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average heterocyclic compound import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Switzerland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for heterocyclic compounds in the world?
+
The countries with the highest volumes of heterocyclic compound consumption in 2020 were China (283K tonnes), Belgium (176K tonnes) and the U.S. (144K tonnes), with a combined 40% share of global consumption. These countries were followed by Germany, India, Spain, Poland, Japan, Mexico, France, the UK, South Korea and Canada, which together accounted for a further 43%.
What are the largest producers of heterocyclic compounds in the world?
+
China (373K tonnes) constituted the country with the largest volume of heterocyclic compound production, comprising approx. 25% of total volume. Moreover, heterocyclic compound production in China exceeded the figures recorded by the second-largest producer, Belgium (166K tonnes), twofold. The U.S. (148K tonnes) ranked third in terms of total production with a 9.9% share.
What are the leading suppliers of heterocyclic compounds to Hungary?
+
In value terms, China ($9.3M), India ($8.7M) and Switzerland ($7.8M) constituted the largest heterocyclic compound suppliers to Hungary, together accounting for 47% of total imports.
What are the leading importers of heterocyclic compounds from Hungary?
+
In value terms, Russia ($15M) remains the key foreign market for heterocyclic compound exports from Hungary, comprising 47% of total exports. The second position in the ranking was occupied by Ireland ($5.8M), with a 18% share of total exports. It was followed by France, with a 9.8% share.
What is the average export price for heterocyclic compounds in Hungary?
+
The average heterocyclic compound export price stood at $444,017 per tonne in 2020, with an increase of 15% against the previous year.
What is the average import price for heterocyclic compounds in Hungary?
+
The average heterocyclic compound import price stood at $31,174 per tonne in 2020, dropping by -15.1% against the previous year.

Product coverage:
• Prodcom 20145280 -

This report provides an in-depth analysis of the heterocyclic compound 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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