Hungary: Market for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms 2024

Market Size for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms in Hungary

The Hungarian market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms in Hungary

In value terms, production of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms contracted to $X in 2022 estimated in export price. Overall, production showed a mild increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then dropped in the following year.

Exports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Exports from Hungary

Exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Hungary skyrocketed to X tons in 2022, with an increase of X% on 2021 figures. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms surged to $X in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Hungary, accounting for a X% share of total exports. Moreover, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to Russia exceeded the volume sent to the second major destination, Poland (X tons), sixfold. Romania (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 Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Romania (X% per year).

It was followed by Ukraine, with a X% share.

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

Export Prices by Country

In 2022, the average export price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, saw a significant increase. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a 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 Kazakhstan ($X per ton), while the average price for exports to Germany ($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 Romania (X%), while the prices for the other major destinations experienced a decline.

Imports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Imports into Hungary

After two years of decline, purchases abroad of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms increased by X% to X tons in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms skyrocketed to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers supplier to Hungary, with a X% share of total imports. Moreover, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Austria (X% per year).

In value terms, Germany ($X) constituted the largest supplier of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to Hungary, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 the UK ($X per ton), while the price for Belgium ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform