Report Update: May 1, 2024

Hungary - Ureines And Their Derivatives And Salts Thereof - 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

Ureines Price in Hungary - 2023

Ureines Price in Hungary (FOB) - 2022

The average ureines export price stood at $6,803 per ton in 2022, picking up by 35% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 50%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($7,431 per ton) and Germany ($6,714 per ton), while the average price for exports to the United States ($6,000 per ton) and South Africa ($6,675 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ureines Price in Hungary (CIF) - 2022

In 2022, the average ureines import price amounted to $63,466 per ton, jumping by 21% against the previous year. In general, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 266%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 China ($220,120 per ton), while the price for Spain ($8,196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+179.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Ureines Exports in Hungary

Ureines exports from Hungary dropped markedly to 630 tons in 2022, with a decrease of -35.2% on the previous year. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

In value terms, ureines exports fell to $4.3M in 2022. In general, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year.

Export of Ureines in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.5	1.2	1.6	2.1	11.9%
United Kingdom	0.1	N/A	1.2	1.3	135.1%
United States	4.9	N/A	N/A	0.6	-50.3%
South Africa	0.6	0.1	0.4	0.3	-20.6%
France	0.4	0.3	N/A	N/A	-25.0%
Poland	N/A	N/A	0.4	N/A	0%
Mexico	0.6	2.0	1.1	N/A	35.4%
Others	0.6	0.7	0.2	N/A	-42.3%
Total	8.7	4.3	4.9	4.3	-20.9%

Top Export Markets for Ureines from Hungary in 2022:

Germany (310.0 tons)
United Kingdom (180.0 tons)
United States (100.0 tons)
South Africa (40.0 tons)

Ureines Imports in Hungary

In 2022, the amount of ureines and their derivatives and salts thereof imported into Hungary fell notably to 4.9 tons, waning by -59.7% against the previous year's figure. In general, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 93%.

In value terms, ureines imports reduced sharply to $313K in 2022. Overall, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 184% against the previous year. As a result, imports reached the peak of $640K, and then dropped rapidly in the following year.

Import of Ureines in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	N/A	N/A	67.8	155	128.6%
China	23.0	1.7	N/A	77.0	49.6%
Belgium	160	131	N/A	68.2	-24.7%
Italy	4.4	4.5	4.7	6.3	12.7%
Spain	0.9	0.4	1.6	3.7	60.2%
Germany	1.3	0.8	163	2.5	24.4%
Netherlands	N/A	84.2	402	N/A	377.4%
Others	1.3	3.1	0.9	0.1	-57.5%
Total	190	226	640	313	18.1%

Top Suppliers of Ureines to Hungary in 2022:

Switzerland (3150.0 kg)
Italy (575.0 kg)
Spain (450.0 kg)
Belgium (350.0 kg)
China (350.0 kg)
Germany (55.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ureines 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 20144310 - Ureines and their derivatives, salts thereof

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