Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary - 2023

Contents:

  1. Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary (CIF) - 2023
  2. Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary (FOB) - 2022
  3. Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary
  4. Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary

Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary (CIF) - 2023

In November 2023, the average import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $14,317 per ton, growing by 13% against the previous month. Overall, the import price, however, showed a noticeable slump. The pace of growth appeared the most rapid in August 2023 an increase of 121% m-o-m. As a result, import price attained the peak level of $31,247 per ton. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($55,719 per ton), while the price for Austria ($1,656 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary (FOB) - 2022

In 2022, the average export price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $58,794 per ton, waning by -19.4% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 56%. The export price peaked at $231,202 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($335,671 per ton), while the average price for exports to the Netherlands ($7,754 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 Ireland (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses, which increased by 17% to 14K tons in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 120% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses soared to $309M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 26%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.543.445.362.026.7%
Germany12.121.933.753.664.2%
Israel32.719.716.923.0-11.1%
Switzerland11.517.619.522.224.5%
Netherlands10.425.520.621.026.4%
Belgium2.012.69.418.7110.7%
Poland3.06.013.06.529.4%
Others78.481.391.01029.2%
Total18122824930919.5%

Top Suppliers of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts to Hungary in 2022:

  1. Germany (3.8K tons)
  2. China (3.5K tons)
  3. Belgium (2.0K tons)
  4. Netherlands (1.1K tons)
  5. Israel (0.8K tons)
  6. Poland (0.8K tons)
  7. Switzerland (0.8K tons)

Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary

For the fourth consecutive year, Hungary recorded growth in overseas shipments of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses, which increased by 39% to 2.6K tons in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 98% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses rose notably to $154M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28.932.429.645.516.3%
Russia17.519.730.231.521.6%
Spain5.67.47.118.448.7%
Japan8.314.015.911.110.2%
Germany3.73.84.36.923.1%
United States1.61.76.75.450.0%
Slovakia0.30.43.75.3160.4%
Romania3.55.36.63.2-2.9%
South Korea1.32.13.11.913.5%
Netherlands0.70.50.71.528.9%
Poland2.41.62.11.5-14.5%
Ukraine0.30.20.50.518.6%
Others29.427.427.221.7-9.6%
Total10311713815414.3%

Top Export Markets for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts from Hungary in 2022:

  1. France (738.9 tons)
  2. Slovakia (451.7 tons)
  3. Spain (272.4 tons)
  4. Japan (195.8 tons)
  5. Netherlands (192.7 tons)
  6. Russia (142.9 tons)
  7. Romania (131.2 tons)
  8. Germany (93.2 tons)
  9. Ukraine (61.2 tons)
  10. United States (57.4 tons)
  11. South Korea (51.2 tons)
  12. Poland (29.6 tons)

Source: IndexBox Market Intelligence Platform

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