Hungary: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Hungary

In 2021, after two years of growth, there was significant decline in the Hungarian market for non-soap surface-active washing and cleaning preparations, when its value decreased by -67.6% to $X. In general, consumption continues to indicate a abrupt decrease. As a result, consumption attained the peak level of $X, and then contracted significantly in the following year.

Production of Non-Soap Surface-Active Washing and Cleaning Preparations in Hungary

In value terms, production of non-soap surface-active washing and cleaning preparations expanded rapidly to $X in 2021 estimated in export price. Overall, production showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by 22%. Production of peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports from Hungary

In 2021, overseas shipments of non-soap surface-active washing and cleaning preparations decreased by -7.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2020 with an increase of 111%. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of non-soap surface-active washing and cleaning preparations dropped to $X in 2021. The total export value increased at an average annual rate of +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 32% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2020, and then dropped in the following year.

Exports by Country

Romania (X tons), Poland (X tons) and Germany (X tons) were the main destinations of exports of non-soap surface-active washing and cleaning preparations from Hungary, together comprising 38% of total exports. These countries were followed by Austria, the Czech Republic, the Netherlands, Italy, Slovakia, France, the UK, Ukraine, Spain and Russia, which together accounted for a further 50%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +18.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-soap surface-active washing and cleaning preparations exported from Hungary were Germany ($X), Austria ($X) and Italy ($X), together accounting for 39% of total exports. These countries were followed by Romania, Poland, France, the Czech Republic, Slovakia, the Netherlands, Spain, the UK, Ukraine and Russia, which together accounted for a further 44%.

Among the main countries of destination, France, with a CAGR of +25.5%, recorded 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 export price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2021, standing approx. at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports into Hungary

For the third year in a row, Hungary recorded decline in overseas purchases of non-soap surface-active washing and cleaning preparations, which decreased by -3.4% to X tons in 2021. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 32%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of non-soap surface-active washing and cleaning preparations stood at $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 14%. Over the period under review, imports of reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X tons), Austria (X tons) and the Czech Republic (X tons) were the main suppliers of imports of non-soap surface-active washing and cleaning preparations to Hungary, together accounting for 66% of total imports. These countries were followed by Germany, Romania, Italy, Belgium, France and the Netherlands, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +31.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-soap surface-active washing and cleaning preparations suppliers to Hungary were the Czech Republic ($X), Austria ($X) and Poland ($X), together comprising 64% of total imports. Germany, Italy, Belgium, France, the Netherlands and Romania lagged somewhat behind, together comprising a further 29%.

Romania, with a CAGR of +22.9%, recorded the highest rates of growth with regard to 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 2021, the average import price for non-soap surface-active washing and cleaning preparations amounted to $X per ton, with an increase of 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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