Hungary: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Hungary

The Hungarian scouring pastes and powders market reached $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Scouring pastes and powders consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Scouring Pastes And Powders in Hungary

In value terms, scouring pastes and powders production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Scouring pastes and powders production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Scouring Pastes And Powders

Exports from Hungary

Scouring pastes and powders exports from Hungary surged to X tons in 2022, growing by X% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, scouring pastes and powders exports surged to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons), Italy (X tons) and France (X tons) were the main destinations of scouring pastes and powders exports from Hungary, together accounting for X% of total exports. Poland, Germany, the Netherlands, Romania, Canada, Belgium, Greece, Portugal, the Czech Republic and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scouring pastes and powders exported from Hungary were the UK ($X), Germany ($X) and France ($X), with a combined X% share of total exports. Poland, Italy, Romania, the Netherlands, Canada, Belgium, Greece, Portugal, the Czech Republic and Spain lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average scouring pastes and powders export price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

Imports of Scouring Pastes And Powders

Imports into Hungary

In 2022, supplies from abroad of scouring pastes and powders increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, scouring pastes and powders imports soared to $X in 2022. Over the period under review, imports recorded a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of scouring pastes and powders imports to Hungary, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Belgium ($X) constituted the largest scouring pastes and powders suppliers to Hungary, together comprising X% of total imports.

Belgium, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average scouring pastes and powders import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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