Hungary - Sulphur (Sublimed or Precipitated) and Colloidal Sulphur - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHungary: Sulphur Market 2024
Sulphur Market Size in Hungary
In 2021, the Hungarian sulphur market increased by 0.9% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 9%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Sulphur Production in Hungary
In value terms, sulphur production reduced modestly to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 10% against the previous year. Sulphur production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Sulphur Exports
Exports from Hungary
In 2021, the amount of sulphur (sublimed or precipitated) and colloidal sulphur exported from Hungary surged to X tons, rising by 51% compared with 2020 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 3,141% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.
In value terms, sulphur exports dropped markedly to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 3,246%. The exports peaked at $X in 2020, and then contracted remarkably in the following year.
Exports by Country
The Czech Republic (X tons) was the main destination for sulphur exports from Hungary, accounting for a approx. 99% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to the Czech Republic totaled +17.3%.
In value terms, the Czech Republic ($X) emerged as the key foreign market for sulphur (sublimed or precipitated) and colloidal sulphur exports from Hungary.
From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic stood at +21.1%.
Export Prices by Country
In 2021, the average sulphur export price amounted to $X per ton, reducing by -46.9% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 164%. As a result, the export price attained the peak level of $X per ton, and then reduced notably in the following year.
As there is only one major export destination, the average price level is determined by prices for the Czech Republic.
From 2012 to 2021, the rate of growth in terms of prices for the Czech Republic amounted to +3.2% per year.
Sulphur Imports
Imports into Hungary
Sulphur imports into Hungary skyrocketed to X tons in 2021, growing by 64% compared with 2020 figures. In general, imports, however, recorded a sharp downturn. The growth pace was the most rapid in 2014 with an increase of 546%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.
In value terms, sulphur imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2014 when imports increased by 200% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Germany (X tons) constituted the largest sulphur supplier to Hungary, accounting for a 82% share of total imports. Moreover, sulphur imports from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -23.2%.
In value terms, Germany ($X) constituted the largest supplier of sulphur (sublimed or precipitated) and colloidal sulphur to Hungary, comprising 85% of total imports. The second position in the ranking was held by India ($X), with a 12% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Germany totaled -21.7%.
Import Prices by Country
In 2021, the average sulphur import price amounted to $X per ton, flattening at the previous year. Overall, the import price, however, saw a modest increase. The growth pace was the most rapid in 2016 an increase of 228% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then fell modestly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
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:
- Prodcom 20132120 - Sulphur, sublimed or precipitated, colloidal sulphur
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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