Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary - 2023

Contents:

1. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary (CIF) - 2023
2. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary (FOB) - 2022
3. Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary
4. Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary (CIF) - 2023

In October 2023, the average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $6,444 per ton, rising by 8.3% against the previous month. Over the period under review, the import price, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in April 2023 when the average import price increased by 36% against the previous month. Over the period under review, average import prices hit record highs at $8,458 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($9,192 per ton), while the price for South Korea ($1,701 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary (FOB) - 2022

The average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $7,954 per ton in 2022, surging by 25% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 82%. Over the period under review, the average export prices reached the peak figure at $11,555 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($8,611 per ton), while the average price for exports to Slovakia ($2,506 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary

In 2022, the amount of carboxyamide-function compounds; amide-function compounds of carbonic acids imported into Hungary surged to 13K tons, growing by 17% on the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids surged to $82M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to Hungary in 2022:

1. Switzerland (3.3K tons)
2. Netherlands (3.2K tons)
3. Germany (2.5K tons)
4. Belgium (1.2K tons)
5. China (1.2K tons)
6. France (0.7K tons)
7. Turkey (0.4K tons)

Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Hungary

In 2022, approx. 722 tons of carboxyamide-function compounds; amide-function compounds of carbonic acids were exported from Hungary; which is down by -50.6% compared with the previous year. Over the period under review, exports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then shrank notably in the following year.

In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids reduced remarkably to $5.7M in 2022. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year.

Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from Hungary in 2022:

1. Germany (274.5 tons)
2. United Kingdom (158.2 tons)
3. United States (87.7 tons)
4. France (81.2 tons)
5. South Africa (35.1 tons)
6. Slovakia (27.9 tons)
7. Slovenia (25.3 tons)

Source: IndexBox Market Intelligence Platform