Odoriferous Substance Mixture Market Overview in Hungary
In value terms, odoriferous substance mixture production rose notably to $ in estimated in export prices. In general, production, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2018; however, from 2019 to , production remained at a lower figure.
The size of the odoriferous substance mixture market in Hungary fell sharply to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of % y-o-y. Over the period under review, the market attained the maximum level at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.