Hungary - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights

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Medical Gel Preparations Price in Hungary - 2023

Contents:

  1. Medical Gel Preparations Price in Hungary (FOB) - 2022
  2. Medical Gel Preparations Price in Hungary (CIF) - 2022
  3. Medical Gel Preparations Exports in Hungary
  4. Medical Gel Preparations Imports in Hungary

Medical Gel Preparations Price in Hungary (FOB) - 2022

In 2022, the average medical gel preparations export price amounted to $1,998 per ton, with an increase of 2.5% against the previous year. Over the period under review, the export price showed a remarkable increase. The growth pace was the most rapid in 2019 an increase of 28% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($3,884 per ton), while the average price for exports to Ukraine ($678 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 Algeria (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Gel Preparations Price in Hungary (CIF) - 2022

In 2022, the average medical gel preparations import price amounted to $18,890 per ton, dropping by -13.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 47%. As a result, import price reached the peak level of $38,226 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($49,708 per ton), while the price for Spain ($6,568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Medical Gel Preparations Exports in Hungary

After three years of growth, overseas shipments of gel preparations for human or veterinary medicine decreased by -4% to 1.1K tons in 2022. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 6.9%. As a result, the exports reached the peak of 1.1K tons, and then contracted modestly in the following year.

In value terms, medical gel preparations exports declined modestly to $2.2M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 19%.

Export of Medical Gel Preparations in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain28935148451421.2%
Germany3454183993470.2%
Algeria51.633119814340.5%
Romania82.119215012113.8%
Czech Republic65.679.310598.314.4%
Italy60.374.315295.716.6%
Austria5.66.05.167.5129.3%
Bosnia and Herzegovina7.03.710.659.5104.1%
Latvia19.312.725.641.529.1%
Malaysia40.121.143.039.6-0.4%
Portugal23.131.032.125.53.3%
Ukraine43.931.422.923.9-18.3%
Lithuania9.08.322.017.324.3%
Others673477567588-4.4%
Total1,7142,0382,2182,1828.4%

Top Export Markets for Medical Gel Preparations from Hungary in 2022:

  1. Germany (231.5 tons)
  2. Spain (225.5 tons)
  3. Italy (86.5 tons)
  4. Romania (79.4 tons)
  5. Bosnia and Herzegovina (78.2 tons)
  6. Austria (57.2 tons)
  7. Algeria (53.5 tons)
  8. Portugal (37.4 tons)
  9. Ukraine (35.2 tons)
  10. Czech Republic (25.3 tons)
  11. Latvia (23.0 tons)
  12. Malaysia (18.9 tons)
  13. Lithuania (17.4 tons)

Medical Gel Preparations Imports in Hungary

In 2022, approx. 128 tons of gel preparations for human or veterinary medicine were imported into Hungary; picking up by 54% against the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, medical gel preparations imports surged to $2.4M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +27.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +105.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Medical Gel Preparations in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey32255153398044.9%
Austria18143743871458.0%
Germany21944752035817.8%
Netherlands11574.578.51201.4%
United States15410987.750.7-31.0%
SpainN/A6.14.330.9125.1%
Others184134153163-4.0%
Total1,1751,7591,8152,41627.2%

Top Suppliers of Medical Gel Preparations to Hungary in 2022:

  1. Turkey (55.5 tons)
  2. Austria (46.0 tons)
  3. Netherlands (7.4 tons)
  4. Germany (7.2 tons)
  5. Spain (4.7 tons)
  6. United States (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical gel preparations 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 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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