Hungary: Halogenated Hydrocarbon Derivative Market 2025

Halogenated Hydrocarbon Derivative Market Size in Hungary

In 2022, the Hungarian halogenated hydrocarbon derivative market increased by 16% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Halogenated hydrocarbon derivative consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Halogenated Hydrocarbon Derivative Production in Hungary

In value terms, halogenated hydrocarbon derivative production reduced sharply to $X in 2022 estimated in export price. In general, production recorded a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of 348%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports from Hungary

In 2022, approx. X tons of halogenated derivatives of hydrocarbons were exported from Hungary; flattening at 2021. Over the period under review, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, halogenated hydrocarbon derivative exports reduced to $X in 2022. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 109% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for halogenated hydrocarbon derivative exports from Hungary, accounting for a 55% share of total exports. Moreover, halogenated hydrocarbon derivative exports to Romania exceeded the volume sent to the second major destination, Slovakia (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+16.3% per year) and Italy (+52.2% per year).

In value terms, Romania ($X), Italy ($X) and Slovakia ($X) were the largest markets for halogenated hydrocarbon derivative exported from Hungary worldwide, with a combined 64% share of total exports. The UK, Croatia, Ireland, Serbia and Austria lagged somewhat behind, together comprising a further 10%.

Ireland, with a CAGR of +316.5%, saw 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 halogenated hydrocarbon derivative export price amounted to $X per ton, falling by -13.2% against the previous year. In general, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2014 an increase of 131%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Austria ($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 Croatia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports into Hungary

Halogenated hydrocarbon derivative imports into Hungary rose sharply to X tons in 2022, with an increase of 11% on 2021 figures. In general, imports saw a slight increase. The pace of growth was the most pronounced in 2017 when imports increased by 82% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, halogenated hydrocarbon derivative imports soared to $X in 2022. Over the period under review, imports, however, saw a slight downturn. The growth pace was the most rapid in 2017 with an increase of 74%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Hungary, together accounting for 74% of total imports. The Czech Republic, Ireland, Belgium, the Netherlands, China, Slovenia, Italy, Serbia and the UK lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +112.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), France ($X) and Germany ($X) constituted the largest halogenated hydrocarbon derivative suppliers to Hungary, together comprising 53% of total imports.

Ireland, with a CAGR of +126.7%, 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 2022, the average halogenated hydrocarbon derivative import price amounted to $X per ton, surging by 6.8% against the previous year. Overall, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Ireland ($X per ton), while the price for Poland ($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 UK (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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