Hungary: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Hungary

The Hungarian hypochlorites, chlorites and hypobromites market expanded remarkably to $X in 2022, with an increase of 13% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Hungary

In value terms, hypochlorites, chlorites and hypobromites production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 33% against the previous year. Hypochlorites, chlorites and hypobromites production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Hungary

In 2022, the amount of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites exported from Hungary shrank to X tons, which is down by -11.3% compared with the previous year. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 106%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports skyrocketed to $X in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 134% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Slovakia (X tons), Poland (X tons) and Ukraine (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Hungary, with a combined 81% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +80.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and Ukraine ($X) were the largest markets for hypochlorites, chlorites and hypobromites exported from Hungary worldwide, with a combined 82% share of total exports.

In terms of the main countries of destination, Ukraine, with a CAGR of +69.2%, saw the highest rates of growth with regard to 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 2022, the average hypochlorites, chlorites and hypobromites export price amounted to $X per ton, increasing by 62% against the previous year. In general, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Romania ($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 Poland (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Hungary

For the fourth year in a row, Hungary recorded growth in overseas purchases of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, which increased by 80% to X tons in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hypochlorites, chlorites and hypobromites imports skyrocketed to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Slovakia (X tons) constituted the largest hypochlorites, chlorites and hypobromites supplier to Hungary, with a 68% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from Slovakia exceeded the figures recorded by the second-largest supplier, Austria (X tons), eightfold. Romania (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia stood at +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+28.2% per year) and Romania (+0.1% per year).

In value terms, Slovakia ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Hungary, comprising 42% of total imports. The second position in the ranking was taken by Austria ($X), with a 17% share of total imports. It was followed by Romania, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Slovakia totaled +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+18.1% per year) and Romania (+10.4% per year).

Import Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, declining by -10.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 39%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Slovakia ($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 (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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