Earlier Report Observations
The Hungarian vinyl chloride market expanded from 6 metric tons in 2018 to 8 metric tons in 2019, driven by robust global and European Union production growth, including a 34% surge in EU output. Technological advancements enabling more efficient and environmentally friendly production processes supported this increase, with state-owned Wanhua-Borsodchem remaining a key domestic producer. However, the market contracted to 7 metric tons in 2020 and further to 6 metric tons by 2022 as the COVID-19 pandemic disrupted supply chains and stricter environmental regulations on emissions and hazardous material handling were implemented across the EU and Hungary.
Market volume stabilized at 7 metric tons in 2021 amid rising raw material costs and softened demand, then recovered to 7.8 metric tons in 2023 and 8.1 metric tons in 2024. This rebound coincided with ongoing supply chain disturbances and higher energy prices affecting production costs. The introduction of new environmental rules in Hungary and updated EU classification, labeling, and packaging (CLP) regulations for chemicals, alongside growing consumer preference for sustainable PVC products, also shaped the market's recent trajectory.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Hungary
- 5.1.1. In kind, 2018-2024, kg
- 5.1.2. In value, 2018-2024, $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, kg
- 5.2.2. In value, 2018-2024, $ US
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5.1. Production in Hungary
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production vinyl chloride in Hungary
In value, 2017-2020, $ US
The market showed an unstable trend throughout the period. Production reached its lowest point in 2017 and peaked in 2019, with a 2.8-fold difference between these years. In 2020, the output of vinyl chloride in Hungary was valued at 8 027 US dollars, reflecting a significant decline of 19.3% compared to 2019. The highest value was recorded in 2019 at 9 951 US dollars. The largest increase occurred in 2018, with a growth of 117.9%.
Annual dynamics of production in Hungary in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 117.9% | 29.3% | (19.3%) | 31.5% |
In kind, 2017-2020, kg
The market exhibited volatile behavior during these years. Production hit its lowest point in 2017 and reached its peak in 2019, changing by 2.7 times between these years. In 2020, 7 000 kg of vinyl chloride were produced in Hungary, which is 12.5% lower than the previous year. The maximum production was recorded in 2019 at 8 000 kg. The largest increase took place in 2018, with a rise of 100.0%.
Annual dynamics of production in Hungary in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 100.0% | 33.3% | (12.5%) | 32.6% |
Exports vinyl chloride from Hungary
Market report data indicate that there were no exports of vinyl chloride from Hungary between 2017 and 2020.
Imports vinyl chloride to Hungary
According to market research, there were no imports of vinyl chloride into Hungary from 2017 to 2020.
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