Report Update Nov 1, 2024

Hungary - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Hungary: Sulphur Market 2024

Sulphur Market Size in Hungary

In 2022, the Hungarian sulphur market increased by 34% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, saw a abrupt downturn. Sulphur consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sulphur Production in Hungary

In value terms, sulphur production fell modestly to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 12% against the previous year. Sulphur production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sulphur Exports

Exports from Hungary

In 2022, approx. X tons of sulphur were exported from Hungary; with a decrease of -2.4% on 2021 figures. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 14% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphur exports skyrocketed to $X in 2022. Overall, exports recorded a pronounced downturn. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons) was the main destination for sulphur exports from Hungary, with a 59% share of total exports. Moreover, sulphur exports to Slovenia exceeded the volume sent to the second major destination, Austria (X tons), twofold. Croatia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-1.2% per year) and Croatia (-8.5% per year).

In value terms, Slovenia ($X) remains the key foreign market for sulphur exports from Hungary, comprising 61% of total exports. The second position in the ranking was taken by Austria ($X), with a 22% share of total exports. It was followed by Croatia, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-7.6% per year) and Croatia (-6.0% per year).

Export Prices by Country

The average sulphur export price stood at $X per ton in 2022, increasing by 84% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($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 Italy (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Hungary

In 2022, approx. X tons of sulphur were imported into Hungary; rising by 109% against 2021 figures. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 249% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphur imports soared to $X in 2022. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 335%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Poland (X tons), Serbia (X tons) and Austria (X tons) were the main suppliers of sulphur imports to Hungary, with a combined 58% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +144.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphur suppliers to Hungary were the Netherlands ($X), Poland ($X) and Austria ($X), together comprising 78% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +109.0%, 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

In 2022, the average sulphur import price amounted to $X per ton, declining by -16.8% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2014 an increase of 88%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.4%), 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 sulphur in the world?

China remains the largest sulphur consuming country worldwide, comprising approx. 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Morocco ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of sulphur in the world?

The country with the largest volume of sulphur production was China, comprising approx. 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of sulphur to Hungary?

In value terms, the largest sulphur suppliers to Hungary were Poland, Austria and the Netherlands, with a combined 83% share of total imports. Italy, Germany, Serbia and Chile lagged somewhat behind, together accounting for a further 16%.

What are the leading importers of sulphur from Hungary?

In value terms, Slovenia, Austria and Croatia constituted the largest markets for sulphur exported from Hungary worldwide, with a combined 97% share of total exports.

What is the average export price for sulphur in Hungary?

In 2021, the average sulphur export price amounted to $57 per ton, jumping by 33% against the previous year.

What is the average import price for sulphur in Hungary?

The average sulphur import price stood at $975 per ton in 2021, picking up by 8.5% against the previous year.

This report provides an in-depth analysis of the sulphur 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:

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