Hungary: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Hungary

In 2022, the Hungarian skin organic surface-active products market increased by 6.9% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Skin organic surface-active products consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Organic Surface-Active Products For Washing The Skin in Hungary

In value terms, skin organic surface-active products production rose markedly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2016 with an increase of 77% against the previous year. Skin organic surface-active products production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Hungary

In 2022, the amount of organic surface-active products for washing the skin exported from Hungary fell slightly to X tons, waning by -2.7% compared with 2021 figures. Overall, exports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2013 when exports increased by 80% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, skin organic surface-active products exports shrank to $X in 2022. In general, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.7% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 73%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Croatia (X tons) and Romania (X tons) were the main destinations of skin organic surface-active products exports from Hungary, with a combined 44% share of total exports. Serbia, Slovenia, the Czech Republic, Bosnia and Herzegovina, Bulgaria, Austria, Italy, Poland, Russia and Ukraine lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +98.3%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Croatia ($X) and Romania ($X) constituted the largest markets for skin organic surface-active products exported from Hungary worldwide, with a combined 38% share of total exports. Austria, Slovenia, Serbia, the Czech Republic, Bosnia and Herzegovina, Russia, Italy, Bulgaria, Poland and Ukraine lagged somewhat behind, together accounting for a further 52%.

Among the main countries of destination, Austria, with a CAGR of +101.9%, saw the highest growth rate of 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

The average skin organic surface-active products export price stood at $X per ton in 2022, dropping by -4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Ukraine ($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 Serbia (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Hungary

In 2022, approx. X tons of organic surface-active products for washing the skin were imported into Hungary; increasing by 7.8% on 2021 figures. The total import volume increased at an average annual rate of +5.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 50%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, skin organic surface-active products imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 42% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Poland (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of skin organic surface-active products imports to Hungary, with a combined 69% share of total imports. Slovakia, Italy, the Netherlands and Austria lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +29.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest skin organic surface-active products suppliers to Hungary were Germany ($X), Poland ($X) and the Czech Republic ($X), together comprising 63% of total imports. Slovakia, the Netherlands, Italy and Austria lagged somewhat behind, together accounting for a further 18%.

Austria, with a CAGR of +20.0%, saw the highest growth rate of the value of imports, in terms of 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 skin organic surface-active products import price amounted to $X per ton, falling by -4.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 8%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Poland ($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 Czech Republic (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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