Hungary: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2025

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 skyrocketed to $X in 2022, with an increase of 23% 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). Over the period under review, consumption, however, saw strong growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

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

Exports from Hungary

In 2022, exports of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function from Hungary skyrocketed to X tons, picking up by 890% compared with the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 265,875% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports expanded significantly to $X in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 15,154% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Hungary, with a 68% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to Croatia exceeded the volume sent to the second major destination, Slovakia (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia was relatively modest.

From 2012 to 2022, the average annual growth rate of value to Croatia was relatively modest.

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 2022, which is down by -88.4% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 1,512%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Slovakia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+15.5%).

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

Imports into Hungary

In 2022, the amount of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function imported into Hungary expanded slightly to X tons, picking up by 5% compared with 2021. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 92%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes imports soared to $X in 2022. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 66% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of butanal butanal and acyclic aldehydes to Hungary, accounting for a 67% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Romania (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.7% per year) and Romania (-29.2% per year).

In value terms, the United States ($X), Germany ($X) and China ($X) appeared to be the largest butanal butanal and acyclic aldehydes suppliers to Hungary, with a combined 68% share of total imports.

China, with a CAGR of +92.0%, saw the highest growth rate of the value of imports, in terms of 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 import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, surging by 31% against the previous year. In general, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 65% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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