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Hungary - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Hungary - 2023
Contents:
- Ethylene Polymer Bag Price in Hungary (FOB) - 2023
- Ethylene Polymer Bag Price in Hungary (CIF) - 2023
- Ethylene Polymer Bag Exports in Hungary
- Ethylene Polymer Bag Imports in Hungary
Ethylene Polymer Bag Price in Hungary (FOB) - 2023
In July 2023, the average ethylene polymer bag export price amounted to $5,514 per ton, falling by -9.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in November 2022 an increase of 17% month-to-month. Over the period under review, the average export prices reached the peak figure at $6,108 per ton in June 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($14,552 per ton), while the average price for exports to the Netherlands ($1,943 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Price in Hungary (CIF) - 2023
The average ethylene polymer bag import price stood at $3,893 per ton in July 2023, increasing by 16% against the previous month. In general, import price indicated a measured increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ethylene polymer bag import price increased by +18.3% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 67% m-o-m. As a result, import price attained the peak level of $4,206 per ton. From April 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($12,431 per ton), while the price for China ($2,585 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethylene Polymer Bag Exports in Hungary
In 2022, shipments abroad of sacks and bags of polymers of ethylene decreased by -1.5% to 20K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 9.9%. As a result, the exports attained the peak of 20K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ethylene polymer bag exports fell modestly to $83M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $86M, and then shrank slightly in the following year.
Export of Ethylene Polymer Bag in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 18.9 | 17.3 | 20.9 | 20.6 | 2.9% |
Italy | 7.5 | 7.6 | 9.3 | 10.1 | 10.4% |
Netherlands | 3.7 | 2.6 | 7.6 | 9.2 | 35.5% |
United Kingdom | 7.4 | 5.9 | 6.6 | 6.6 | -3.7% |
Slovakia | 6.5 | 11.0 | 11.5 | 6.5 | 0.0% |
Poland | 3.4 | 4.5 | 4.0 | 3.9 | 4.7% |
Austria | 1.7 | 2.0 | 4.0 | 3.8 | 30.8% |
Romania | 2.2 | 2.2 | 2.6 | 3.2 | 13.3% |
Switzerland | 2.4 | 2.2 | 2.5 | 2.2 | -2.9% |
Denmark | 1.2 | 1.4 | 2.2 | 2.1 | 20.5% |
Ireland | 2.0 | 1.4 | 2.2 | 1.8 | -3.5% |
Belgium | 1.6 | 1.1 | 2.1 | 1.1 | -11.7% |
Czech Republic | 1.4 | 1.5 | 0.7 | 0.9 | -13.7% |
Others | 7.7 | 8.0 | 9.5 | 11.2 | 13.3% |
Total | 67.6 | 68.6 | 85.7 | 83.3 | 7.2% |
Top Export Markets for Ethylene Polymer Bag from Hungary in 2022:
- Germany (4.5K tons)
- Netherlands (3.8K tons)
- Austria (1.9K tons)
- Romania (1.1K tons)
- Italy (1.1K tons)
- Slovakia (1.0K tons)
- United Kingdom (0.9K tons)
- Denmark (0.7K tons)
- Czech Republic (0.5K tons)
- Poland (0.5K tons)
- Switzerland (0.4K tons)
- Ireland (0.4K tons)
- Belgium (0.4K tons)
Ethylene Polymer Bag Imports in Hungary
Ethylene polymer bag imports into Hungary soared to 32K tons in 2022, picking up by 26% compared with 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ethylene polymer bag imports soared to $82M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ethylene Polymer Bag in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 10.4 | 9.1 | 14.1 | 23.9 | 32.0% |
Germany | 15.1 | 18.6 | 19.0 | 21.1 | 11.8% |
France | 3.6 | 4.1 | 4.9 | 6.6 | 22.4% |
China | 4.4 | 4.2 | 6.1 | 6.4 | 13.3% |
Austria | 5.6 | 5.6 | 5.5 | 4.3 | -8.4% |
Turkey | 2.5 | 2.4 | 3.5 | 4.1 | 17.9% |
Netherlands | 3.0 | 1.5 | 1.7 | 4.1 | 11.0% |
Others | 10.2 | 14.6 | 13.3 | 11.1 | 2.9% |
Total | 54.7 | 60.2 | 68.0 | 81.6 | 14.3% |
Top Suppliers of Ethylene Polymer Bag to Hungary in 2022:
- Germany (13.4K tons)
- Poland (11.2K tons)
- China (1.9K tons)
- Austria (1.6K tons)
- Turkey (1.0K tons)
- France (0.7K tons)
- Netherlands (0.6K tons)
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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
-
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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