Hungary: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Hungary

In 2021, the Hungarian organic surface active agent market decreased by -58.9% to $X, falling for the second consecutive year after three years of growth. Overall, consumption continues to indicate a abrupt decline. Organic surface active agent consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Organic Surface Active Agents in Hungary

In value terms, organic surface active agent production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of 472% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Organic Surface Active Agents

Exports from Hungary

In 2021, overseas shipments of organic surface active agents increased by 95% to X tons, rising for the third consecutive year after two years of decline. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 706% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, organic surface active agent exports soared to $X in 2021. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 329%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Romania (X tons) was the main destination for organic surface active agent exports from Hungary, with a 66% share of total exports. Moreover, organic surface active agent exports to Romania exceeded the volume sent to the second major destination, the Czech Republic (X tons), sevenfold. Ukraine (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Romania amounted to +52.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+11.6% per year) and Ukraine (+16.0% per year).

In value terms, Romania ($X) emerged as the key foreign market for organic surface active agents exports from Hungary, comprising 48% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 16% share of total exports. It was followed by Ukraine, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania stood at +47.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+13.0% per year) and Ukraine (+9.3% per year).

Export Prices by Country

The average organic surface active agent export price stood at $X per ton in 2021, dropping by -10.3% against the previous year. Overall, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 130%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Romania ($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 Portugal (+60.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents

Imports into Hungary

In 2021, organic surface active agent imports into Hungary dropped to X tons, which is down by -7.4% against the previous year. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 26% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, organic surface active agent imports expanded markedly to $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.0% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and Belgium (X tons) were the main suppliers of organic surface active agent imports to Hungary, with a combined 67% share of total imports. France, Italy, Spain, the Netherlands, the Czech Republic, Slovakia and Sweden lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +29.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of organic surface active agents to Hungary, comprising 39% of total imports. The second position in the ranking was held by France ($X), with a 13% share of total imports. It was followed by Poland, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.1% per year) and Poland (+27.4% per year).

Import Prices by Country

In 2021, the average organic surface active agent import price amounted to $X per ton, picking up by 18% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2018; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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