Report Update Nov 1, 2024

Hungary - Degras - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Degras Market 2024

Degras Market Size in Hungary

The Hungarian degras market declined dramatically to $X in 2021, dropping by -26.2% against the previous year. Overall, consumption continues to indicate a noticeable setback. Degras consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Degras Production in Hungary

In value terms, degras production fell markedly to $X in 2021 estimated in export price. Overall, production saw a pronounced slump. The pace of growth was the most pronounced in 2020 when the production volume increased by 359%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Degras Exports

Exports from Hungary

In 2019, shipments abroad of degras increased by 341% to X tons, rising for the second year in a row after three years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 526%. The exports peaked at X tons in 2014; however, from 2015 to 2019, the exports failed to regain momentum.

In value terms, degras exports skyrocketed to $X in 2019. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 955%. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in the near future.

Exports by Country

Belgium (X tons) was the main destination for degras exports from Hungary, accounting for a 76% share of total exports. Moreover, degras exports to Belgium exceeded the volume sent to the second major destination, Romania (X tons), fourfold. The third position in this ranking was held by Slovakia (X tons), with a 2.6% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+37.7% per year) and Slovakia (+31.5% per year).

In value terms, the largest markets for degras exported from Hungary were Romania ($X), Slovakia ($X) and Belgium ($X), together accounting for 100% of total exports.

Among the main countries of destination, Slovakia, with a CAGR of +52.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average degras export price amounted to $X per ton, reducing by -56.9% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 138% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018, and then dropped dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+15.6%), while the prices for the other major destinations experienced a decline.

Degras Imports

Imports into Hungary

In 2021, approx. X tons of degras were imported into Hungary; increasing by 192,918% compared with the previous year's figure. In general, imports saw a significant increase. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, degras imports soared to $X in 2021. Overall, imports saw significant growth. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Indonesia (X tons) were the main suppliers of degras imports to Hungary, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +102.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of degras to Hungary, comprising 66% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 23% share of total imports. It was followed by Indonesia, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +82.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+147.8% per year) and Indonesia (0.0% per year).

Import Prices by Country

The average degras import price stood at $X per ton in 2021, dropping by -11.3% against the previous year. Over the period under review, the import price, however, showed measured growth. The most prominent rate of growth was recorded in 2020 an increase of 135%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Italy ($X per ton) and the Netherlands ($X per ton), while the price for Indonesia ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for degras in the world?

China remains the largest degras consuming country worldwide, accounting for 15% of total volume. Moreover, degras consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of degras in the world?

The country with the largest volume of degras production was China, comprising approx. 15% of total volume. Moreover, degras production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of degras to Hungary?

In value terms, Ghana constituted the largest supplier of degras to Hungary.

What are the leading importers of degras from Hungary?

In value terms, the largest markets for degras exported from Hungary were Romania, Slovakia and Belgium, with a combined 98% share of total exports.

What is the average export price for degras in Hungary?

In 2019, the average degras export price amounted to $326 per ton, shrinking by -51.3% against the previous year.

What is the average import price for degras in Hungary?

In 2020, the average degras import price amounted to $1,811 per ton, increasing by 95% against the previous year.

This report provides an in-depth analysis of the degras 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 2030.

Product coverage:

Prodcom 10417200 - Degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023