Hungary: Market for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) 2024

Market Size for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in Hungary

In 2022, the Hungarian market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a mild decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in Hungary

In value terms, production of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) surged to $X in 2022 estimated in export price. In general, production, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Exports from Hungary

In 2022, overseas shipments of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports saw a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) dropped to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) from Hungary, accounting for a X% share of total exports. It was followed by Turkey (X tons), with a X% share of total exports. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Japan (X% per year).

In value terms, Poland ($X) remains the key foreign market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average export price for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a pronounced decrease. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Romania ($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 Bulgaria (X%), while the prices for the other major destinations experienced a decline.

Imports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Imports into Hungary

In 2022, the amount of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) imported into Hungary surged to X tons, growing by X% against the year before. Over the period under review, imports posted resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) skyrocketed to $X in 2022. In general, imports saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest acylic monoamines,their derivatives and salts thereof supplier to Hungary, with a X% share of total imports. Moreover, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the largest acylic monoamines,their derivatives and salts thereof suppliers to Hungary were the Netherlands ($X), Germany ($X) and China ($X), together accounting for X% of total imports. Austria, the United States, Belgium, Greece, Switzerland, France and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Greece, with a CAGR of X.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :