The polyamides market in Hungary reached a market size of 152.14 million euros in 2023, demonstrating a declining trend over the last five years with a negative CAGR of -3.76%. The market value decreased consistently year-on-year since 2019, including a -3.09% decline between 2022 and 2023. This trend indicates a steady contraction of the market over recent years.
Future trends to watch for in the Hungarian polyamides market include:
- Potential impacts of sustainable manufacturing practices.
- Technological advancements in materials that could influence demand.
- Economic policies that might affect production and distribution costs.
- Environmental regulations and their impact on production capabilities.
How does Hungary rank in Polyamides Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 887,330,000 | 2023 | -2.13% | +0.13% | View data |
| 2 | 2 Poland | 566,030,000 | 2023 | +2.51% | +1.18% | View data |
| 3 | 3 Czech Republic | 468,710,000 | 2023 | +3.83% | +3.52% | View data |
| 4 | 4 Slovakia | 194,540,000 | 2023 | +2.58% | +3.89% | View data |
| 5 | 5 Hungary | 152,140,000 | 2023 | -3.09% | -3.76% | |
| 6 | 6 Sweden | 94,655,000 | 2023 | +4.02% | +2.69% | View data |
| 7 | 7 Portugal | 93,118,000 | 2023 | +2.5% | +2.11% | View data |
