The Polyamide market in Hungary witnessed fluctuations from 2013 to 2023, recording a size of 35.389 million kilograms in 2023. Over the last decade, the market experienced a general upward trend with a few setbacks, notably in 2019 and 2020, due to regional or global economic factors. The most recent years showed recovery and growth, with a strong year-on-year increase of 12.21% in 2022 and a 7.41% rise in 2023. The CAGR for the past five years stands modestly at 0.46%, indicating stable growth potential in the medium term.
Future trends to watch for include:
- Technological advancements in polyamide production enhancing quality and reducing costs.
- Increasing demand from the automotive and textile sectors.
- Focus on sustainable and bio-based alternatives potentially reshaping market dynamics.
- Impact of environmental regulations on production and usage.
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 416,190,000 | 2023 | -0.29% | +4.86% | View data |
| 2 | 2 Poland | 145,540,000 | 2023 | +4.3% | +2.33% | View data |
| 3 | 3 Spain | 120,880,000 | 2023 | +2.02% | +4.99% | View data |
| 4 | 4 Czech Republic | 73,302,000 | 2023 | -0.11% | -1.93% | View data |
| 5 | 5 Romania | 40,083,000 | 2023 | +4.26% | +5.04% | View data |
| 6 | 6 Hungary | 35,389,000 | 2023 | +7.41% | +0.46% | |
| 7 | 7 Sweden | 22,641,000 | 2023 | +8.16% | +2.32% | View data |
| 8 | 8 Finland | 21,005,000 | 2023 | -0.29% | -0.95% | View data |
