Hungary: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Hungary

The Hungarian prepared rubber accelerators market skyrocketed to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a prominent expansion. Prepared rubber accelerators consumption peaked in 2022 and is expected to retain growth in the immediate term.

Prepared Rubber Accelerators Exports

Exports from Hungary

In 2022, prepared rubber accelerators exports from Hungary skyrocketed to X tons, rising by X% on 2021. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports soared to $X in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X tons) was the main destination for prepared rubber accelerators exports from Hungary, with a X% share of total exports. Moreover, prepared rubber accelerators exports to Slovenia exceeded the volume sent to the second major destination, Croatia (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 Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Romania (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for prepared rubber accelerators exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Romania, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the average prepared rubber accelerators export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Slovenia ($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 Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Prepared Rubber Accelerators Imports

Imports into Hungary

In 2022, the amount of prepared rubber accelerators imported into Hungary amounted to X tons, with an increase of X% on the year before. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, prepared rubber accelerators imports surged to $X in 2022. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Slovakia (X tons) were the main suppliers of prepared rubber accelerators imports to Hungary, with a combined X% share of total imports. The Czech Republic, India, Italy and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of prepared rubber accelerators to Hungary, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

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

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue 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 India ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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