Hungary - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingABS Copolymers Price in Hungary - 2023
Contents:
- ABS Copolymers Price in Hungary (CIF) - 2022
- ABS Copolymers Price in Hungary (FOB) - 2023
- ABS Copolymers Imports in Hungary
- ABS Copolymers Exports in Hungary
ABS Copolymers Price in Hungary (CIF) - 2022
The average ABS copolymers import price stood at $1,932 per ton in 2022, reducing by -11.9% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2017 an increase of 20%. Over the period under review, average import prices hit record highs at $2,876 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($2,819 per ton), while the price for Italy ($1,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
ABS Copolymers Price in Hungary (FOB) - 2023
The average ABS copolymers export price stood at $1,544 per ton in June 2023, rising by 8.1% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 102% month-to-month. The export price peaked at $1,863 per ton in September 2022; however, from October 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Ukraine ($3,586 per ton), while the average price for exports to Hong Kong SAR ($188 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
ABS Copolymers Imports in Hungary
In 2022, the amount of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms imported into Hungary soared to 77K tons, rising by 49% against 2021 figures. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, ABS copolymers imports skyrocketed to $148M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 92% 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.
Import of ABS Copolymers in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 19.2 | 14.7 | 22.6 | 60.8 | 46.8% |
South Korea | 10.1 | 6.5 | 24.0 | 22.5 | 30.6% |
Spain | 8.7 | 12.0 | 22.2 | 15.3 | 20.7% |
Austria | 3.7 | 8.9 | 15.2 | 12.3 | 49.2% |
Belgium | 2.7 | 3.5 | 8.8 | 6.7 | 35.4% |
Italy | 2.0 | 1.2 | 3.0 | 4.0 | 26.0% |
Netherlands | 2.2 | 2.6 | 2.9 | 3.8 | 20.0% |
Others | 10.2 | 9.3 | 13.8 | 22.4 | 30.0% |
Total | 58.7 | 58.7 | 113 | 148 | 36.1% |
Top Suppliers of ABS Copolymers to Hungary in 2022:
- Germany (39.3K tons)
- South Korea (9.4K tons)
- Spain (8.1K tons)
- Austria (5.5K tons)
- Italy (3.4K tons)
- Belgium (2.5K tons)
- Netherlands (1.4K tons)
ABS Copolymers Exports in Hungary
In 2022, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -6.5% to 51K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports reached the peak of 54K tons, and then shrank in the following year.
In value terms, ABS copolymers exports contracted to $93M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports reached the peak of $107M, and then reduced in the following year.
Export of ABS Copolymers in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 13.9 | 14.4 | 21.3 | 17.8 | 8.6% |
Ukraine | 5.3 | 7.6 | 13.2 | 15.9 | 44.2% |
Germany | 12.3 | 12.6 | 22.1 | 15.6 | 8.2% |
Italy | 15.7 | 11.8 | 12.9 | 10.5 | -12.5% |
Malaysia | 0.1 | 0.1 | 5.4 | 4.8 | 263.4% |
Netherlands | 2.9 | 2.4 | 3.5 | 3.7 | 8.5% |
Slovakia | 0.5 | 0.7 | 1.8 | 3.7 | 94.9% |
Czech Republic | 2.7 | 1.9 | 2.6 | 2.6 | -1.3% |
Spain | 2.1 | 2.2 | 3.2 | 2.6 | 7.4% |
Hong Kong SAR | N/A | 0.1 | 0.2 | 1.9 | 335.9% |
Romania | 4.9 | 1.9 | 1.8 | 1.7 | -29.7% |
Russia | 1.7 | 1.7 | 4.3 | 1.2 | -11.0% |
China | 0.5 | 1.2 | 0.2 | 0.1 | -41.5% |
Others | 6.5 | 8.3 | 14.1 | 10.7 | 18.1% |
Total | 69.2 | 67.0 | 107 | 92.7 | 10.2% |
Top Export Markets for ABS Copolymers from Hungary in 2022:
- Malaysia (17.2K tons)
- Poland (6.3K tons)
- Germany (4.9K tons)
- Ukraine (4.8K tons)
- Hong Kong SAR (4.2K tons)
- Italy (3.6K tons)
- Slovakia (1.6K tons)
- Netherlands (1.1K tons)
- Czech Republic (0.9K tons)
- Spain (0.9K tons)
- Romania (0.5K tons)
- Russia (0.5K tons)
- China (0.4K tons)
This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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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