Hungary: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2024

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Hungary

In 2022, the Hungarian pigments, opacifiers and colours market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption posted prominent growth. Pigments, opacifiers and colours consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Hungary

In 2022, the amount of pigments, opacifiers and colours for ceramics, enamelling or glass exported from Hungary skyrocketed to X tons, picking up by X% against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, pigments, opacifiers and colours exports skyrocketed to $X in 2022. Overall, exports saw a strong expansion. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Iran (X tons), Romania (X tons) and Austria (X tons) were the main destinations of pigments, opacifiers and colours exports from Hungary, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Iran ($X) emerged as the key foreign market for pigments, opacifiers and colours for ceramics, enamelling or glass exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with an X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average pigments, opacifiers and colours export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Georgia ($X 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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Hungary

In 2022, the amount of pigments, opacifiers and colours for ceramics, enamelling or glass imported into Hungary skyrocketed to X tons, with an increase of X% on the previous year. Overall, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, pigments, opacifiers and colours imports declined modestly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Slovenia (X tons) and Italy (X tons) were the main suppliers of pigments, opacifiers and colours imports to Hungary, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of pigments, opacifiers and colours for ceramics, enamelling or glass to Hungary, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Slovenia (X% per year).

Import Prices by Country

The average pigments, opacifiers and colours import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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