The Polyvinyl Chloride (PVC) market in Hungary reached a volume of 74.443 million kilograms in 2023, up from 73.465 million kilograms in 2022. Year-on-year growth was 1.33% from 2022 to 2023, indicating a continued upward trajectory since 2020. Between 2018 and 2023, the compound annual growth rate (CAGR) stabilized at around 2.11%, showing recovery from previous declines and a steady, albeit modest, growth trajectory over recent years.
Looking ahead, future trends to watch include potential impacts of environmental regulations, technological advancements in PVC recycling, and global market fluctuations that could affect supply chains and pricing dynamics. Sustainable development and the shift towards greener substitutes may present challenges but also opportunities for innovation in PVC production and applications.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 603,420,000 | 2023 | -0.53% | -0.9% | View data |
| 2 | 2 France | 459,330,000 | 2023 | -2.05% | -2.04% | View data |
| 3 | 3 Portugal | 81,264,000 | 2023 | -6.73% | -5.48% | View data |
| 4 | 4 Hungary | 74,443,000 | 2023 | +1.33% | +2.11% | |
| 5 | 5 Greece | 26,419,000 | 2023 | +0.4% | +1.22% | View data |
| 6 | 6 Denmark | 11,557,000 | 2023 | -5.85% | -13.32% | View data |
