The Ethylene Glycol market in Hungary has shown fluctuations from 2013 to 2023. In 2023, the market volume was 8.8307 million kilograms, marking an 8.06% increase from the previous year. The five-year compound annual growth rate (CAGR) was 3.39%, indicating a steady upward trend. This recovery suggests a resilient demand post-2020's sharp decline.
In the coming years, factors to watch include technological advancements in manufacturing, environmental regulations impacting production, and broader economic conditions, which could impact both domestic and export markets for ethylene glycol in Hungary.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 324,650,000 | 2023 | +5.23% | +5.44% | View data |
| 2 | 2 Germany | 162,050,000 | 2023 | -1.31% | -0.85% | View data |
| 3 | 3 Italy | 79,536,000 | 2023 | -12.26% | -8.13% | View data |
| 4 | 4 France | 65,060,000 | 2023 | +0.67% | -5.26% | View data |
| 5 | 5 Hungary | 8,830,700 | 2023 | +8.06% | +3.39% |
