Report Update Nov 1, 2024

Hungary - M-Xylene and Mixed Xylene Isomers - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: M-Xylene And Xylenes Market 2024

M-Xylene And Xylenes Market Size in Hungary

The Hungarian m-xylene and xylenes market fell modestly to $X in 2022, reducing by -2.7% against the previous year. Overall, consumption showed a deep downturn. The pace of growth appeared the most rapid in 2021 when the market value increased by 4.5%. X-xylene and xylenes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

M-Xylene And Xylenes Production in Hungary

In value terms, m-xylene and xylenes production dropped to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 4.2% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

M-Xylene And Xylenes Exports

Exports from Hungary

In 2022, exports of m-xylene and mixed xylene isomers from Hungary contracted to X tons, reducing by -12.9% on the previous year's figure. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 8,304%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, m-xylene and xylenes exports shrank to $X in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 8,249% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for m-xylene and xylenes exports from Hungary, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to -3.9%.

In value terms, Romania ($X) also remains the key foreign market for m-xylene and mixed xylene isomers exports from Hungary.

From 2012 to 2022, the average annual growth rate of value to Romania totaled -3.8%.

Export Prices by Country

In 2022, the average m-xylene and xylenes export price amounted to $X per ton, picking up by 6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +0.1% per year.

M-Xylene And Xylenes Imports

Imports into Hungary

M-xylene and xylenes imports into Hungary contracted significantly to X tons in 2022, which is down by -32.8% on the previous year. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 301% against the previous year. Imports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, m-xylene and xylenes imports rose remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 119% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of m-xylene and xylenes to Hungary, with a 78% share of total imports. Moreover, m-xylene and xylenes imports from Poland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +66.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+44.9% per year) and the Czech Republic (-10.2% per year).

In value terms, Poland ($X) constituted the largest supplier of m-xylene and mixed xylene isomers to Hungary, comprising 72% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +95.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-0.9% per year) and Belgium (+23.4% per year).

Import Prices by Country

In 2022, the average m-xylene and xylenes import price amounted to $X per ton, with an increase of 69% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 the Czech Republic ($X per ton), while the price for Belgium ($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 Netherlands (+971.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for m-xylene and mixed xylene isomers in the world?

The countries with the highest volumes of in 2021 were China, Belgium and the United States, together comprising 40% of global consumption. India, Portugal, Japan, Canada, Germany, Indonesia, Slovakia, Russia, Brazil and the UK lagged somewhat behind, together comprising a further 38%.

What are the largest producers of m-xylene and mixed xylene isomers in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 42% share of global production. India, Portugal, South Korea, Iran, Germany, Slovakia, Russia, the UK, Brazil and Algeria lagged somewhat behind, together accounting for a further 42%.

What are the leading suppliers of m-xylene and mixed xylene isomers to Hungary?

In value terms, Poland constituted the largest supplier of m-xylene and xylenes to Hungary, comprising 71% of total imports. The second position in the ranking was occupied by the Czech Republic, with a 16% share of total imports. It was followed by Belgium, with an 8.2% share.

What are the leading importers of m-xylene and mixed xylene isomers from Hungary?

In value terms, Romania remains the key foreign market for m-xylene and xylenes exports from Hungary.

What is the average export price for m-xylene and mixed xylene isomers in Hungary?

In 2021, the average m-xylene and xylenes export price amounted to $2,157 per ton, declining by -5.8% against the previous year.

What is the average import price for m-xylene and mixed xylene isomers in Hungary?

In 2021, the average m-xylene and xylenes import price amounted to $1,933 per ton, waning by -4.2% against the previous year.

This report provides an in-depth analysis of the m-xylene and xylenes 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 20141247 - m-Xylene and mixed xylene isomers

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