Hungary: Polymer Ion-Exchangers Market 2024

Polymer Ion-Exchangers Market Size in Hungary

The Hungarian polymer ion-exchangers market soared to $X in 2021, jumping by 97% against the previous year. Overall, consumption recorded prominent growth. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Polymer Ion-Exchangers Production in Hungary

In value terms, polymer ion-exchangers production totaled $X in 2021 estimated in export price. Overall, production showed a notable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 84% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Polymer Ion-Exchangers Exports

Exports from Hungary

Polymer ion-exchangers exports from Hungary surged to X tons in 2021, jumping by 17% compared with the year before. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 134%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, polymer ion-exchangers exports soared to $X in 2021. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 130%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for polymer ion-exchangers exports from Hungary, accounting for a 33% share of total exports. Moreover, polymer ion-exchangers exports to Romania exceeded the volume sent to the second major destination, Slovakia (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania amounted to +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+11.1% per year) and the Czech Republic (+7.1% per year).

In value terms, Romania ($X) remains the key foreign market for ion-exchangers based on synthetic or natural polymers in primary forms exports from Hungary, comprising 25% of total exports. The second position in the ranking was taken by Austria ($X), with a 9.6% share of total exports. It was followed by Germany, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania amounted to +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+34.4% per year) and Germany (-8.1% per year).

Export Prices by Country

In 2021, the average polymer ion-exchangers export price amounted to $X per ton, picking up by 26% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 58% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+51.2%), while the prices for the other major destinations experienced mixed trend patterns.

Polymer Ion-Exchangers Imports

Imports into Hungary

In 2021, approx. X tons of ion-exchangers based on synthetic or natural polymers in primary forms were imported into Hungary; almost unchanged from 2020 figures. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 59%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, polymer ion-exchangers imports expanded sharply to $X in 2021. Over the period under review, imports showed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 58%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Slovenia (X tons) and the United States (X tons) were the main suppliers of polymer ion-exchangers imports to Hungary, with a combined 76% share of total imports. These countries were followed by Italy, China, the Netherlands, France and South Korea, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +323.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of ion-exchangers based on synthetic or natural polymers in primary forms to Hungary, comprising 36% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.2% per year) and China (+341.8% per year).

Import Prices by Country

The average polymer ion-exchangers import price stood at $X per ton in 2021, growing by 8.9% against the previous year. In general, the import price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2017 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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