Cyclic amides, their derivatives and salts market in Hungary, 2026

Earlier Report Observations

Between 2018 and 2021, the Hungarian market for cyclic amides, their derivatives and salts showed relative stability in physical volume, fluctuating between 8 400 t and 9 300 t. In value terms, however, the market expanded notably from $46.9 million to $60.6 million, with a sharp increase of over 20% in 2020 alone. This growth in market value coincided with higher import costs and increased production value, suggesting a shift towards higher-value products or general price inflation within the sector.

Import and export flows were volatile throughout the period. Import volumes peaked at 8 266 t in 2022 before declining sharply to 3 642 t by 2025, while export volumes also fell steadily after 2021. In monetary terms, import expenditure reached a high of $51.3 million in 2022 but then contracted, mirroring the downturn in trade volume in subsequent years.

In 2025, several factors reshaped the market landscape. Producer prices for industrial goods rose, with export sales prices increasing by 1.4%. Simultaneously, amendments to Hungarian legislation introduced new compliance assessment and regulatory rules for industrial products. These changes likely influenced pricing strategies and market access for cyclic amides during the year.

Production cyclic amides, their derivatives and salts in Hungary

In value, 2018-2021, K $ US

In Hungary, the production value of cyclic amides, their derivatives, and salts reached 25 443 thousand US dollars in 2021, marking a 21.0% increase from the previous year. Over the period from 2018 to 2021, production grew by 34.8%, with an average annual growth rate of 10.5%. The largest increase occurred in 2019, at 26.5%, while the most significant decline was in 2020, at 11.9%.

Annual dynamics of production in Hungary in value, 2018-2021, K $ US

In kind, 2018-2021, t

Market performance showed notable fluctuations during this period. In Hungary, production of cyclic amides, their derivatives, and salts peaked in 2021 at 3 450 tonnes, representing a 78.9% year-on-year rise. The lowest point was in 2020, with 1 928 tonnes, which also saw the largest decline of 32.5%. Overall, production varied by a factor of 1.8 between the peak and trough.

Annual dynamics of production in Hungary in kind, 2018-2021, t

Exports cyclic amides, their derivatives and salts from Hungary

Exports in kind, t

Hungary exported 1 312 tonnes of cyclic amides, their derivatives, and salts in 2021, reflecting a sharp increase of 41.9% compared to 2020. From 2018 to 2021, exports rose by 13.6%, with an average annual growth rate of 4.3%. The highest export volume was recorded in 2019 at 1 513 tonnes, while the lowest was in 2020 at 925 tonnes, which also experienced the largest decline of 38.9%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, t

Between 2018 and 2021, the main markets for Hungary's exports of cyclic amides, their derivatives, and salts in volume terms were Germany, accounting for 30.8% of exports, the United States at 27.3%, and Mexico at 18.4%. Together, these three countries represented 76.5% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Hungary in kind, 2018-2021

Exports in value, K $ US

In 2021, the value of cyclic amides, their derivatives, and salts exported from Hungary totaled 7 998 thousand US dollars, up 26.7% year-on-year. From 2018 to 2021, export value increased by 10.2%, equivalent to an annualized rate of 3.3%. The highest value was in 2019 at 9 177 thousand US dollars, and the lowest was in 2020 at 6 312 thousand US dollars, which also saw the largest decline of 31.2%.

Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US

From 2018 to 2021, the leading destinations for Hungary's exports of cyclic amides, their derivatives, and salts in value terms were Germany, with 33.2% of exports, the United States at 22.1%, and Mexico at 13.0%. Collectively, these three markets accounted for 68.3% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Hungary in value, 2018-2021

Imports cyclic amides, their derivatives and salts to Hungary

Imports in kind, t

In 2021, Hungary imported 7 168 tonnes of cyclic amides, their derivatives, and salts, indicating a 12.1% decrease from the previous year. Over the period from 2018 to 2021, imports declined by 11.3%, with an average annual decrease of 3.9%. The highest import volume was in 2020 at 8 155 tonnes, which also saw the largest increase of 14.8%, while the lowest was in 2019 at 7 106 tonnes, which experienced the largest decline of 12.1%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, t

During 2018–2021, the primary suppliers of cyclic amides, their derivatives, and salts to Hungary in volume terms were Switzerland, contributing 49.3% of imports, the Netherlands at 20.9%, and Belgium at 11.0%. Together, these three countries made up 81.2% of total import volume.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Hungary in kind, 2018-2021

Imports in value, K $ US

Imports of cyclic amides, their derivatives, and salts into Hungary increased for the second consecutive year. In 2021, import value amounted to 43 157 thousand US dollars, showing a modest rise of 3.1% compared to 2020. Between 2018 and 2021, import value grew by 22.3%, equating to an annualized rate of 6.9%. The lowest value was recorded in 2019 at 32 164 thousand US dollars, which also saw the largest decline of 8.9%, while the largest increase occurred in 2020 at 30.2%.

Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US

Throughout 2018–2021, the key partners for Hungary's imports of cyclic amides, their derivatives, and salts in value terms were Switzerland, accounting for 37.1% of imports, the Netherlands at 20.6%, and China at 16.5%. These three countries jointly represented 74.3% of total import value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Hungary in value, 2018-2021