Carbonates; Potassium Carbonate Price in Hungary - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Hungary (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Hungary (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Hungary
- Carbonates; Potassium Carbonate Exports in Hungary
Carbonates; Potassium Carbonate Price in Hungary (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $2,128 per ton in 2022, rising by 51% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; potassium carbonate import price increased by +86.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,076 per ton), while the price for Austria ($1,260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Hungary (FOB) - 2022
In 2022, the average carbonates; potassium carbonate export price amounted to $2,065 per ton, growing by 71% against the previous year. In general, the export price, however, showed a abrupt decline. The export price peaked at $3,737 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($3,219 per ton), while the average price for exports to Serbia ($884 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 Slovakia (+1.0%), while the prices for the other major destinations experienced a decline.
Carbonates; Potassium Carbonate Imports in Hungary
After two years of decline, supplies from abroad of carbonates; potassium carbonates increased by 25% to 577 tons in 2022. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate imports surged to $1.2M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 294 | 226 | 215 | 587 | 25.9% |
| Poland | 42.0 | 107 | 135 | 220 | 73.7% |
| Italy | 44.7 | 54.7 | 50.9 | 190 | 62.0% |
| Czech Republic | 89.3 | 169 | 169 | 186 | 27.7% |
| Austria | 28.9 | 9.4 | 39.0 | 25.8 | -3.7% |
| South Korea | 102 | 33.4 | 22.0 | N/A | -53.6% |
| Romania | 17.6 | N/A | N/A | N/A | 0% |
| Others | 13.3 | 12.2 | 20.8 | 20.0 | 14.6% |
| Total | 632 | 612 | 651 | 1,229 | 24.8% |
Top Suppliers of Carbonates; Potassium Carbonate to Hungary in 2022:
- Germany (190.9 tons)
- Czech Republic (146.1 tons)
- Poland (146.0 tons)
- Italy (64.6 tons)
- Austria (20.5 tons)
Carbonates; Potassium Carbonate Exports in Hungary
In 2022, shipments abroad of carbonates; potassium carbonates decreased by -92.4% to 5.2 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 110%. As a result, the exports reached the peak of 74 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, carbonates; potassium carbonate exports reduced rapidly to $11K in 2022. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 134%. As a result, the exports reached the peak of $97K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Carbonates; Potassium Carbonate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 8.4 | 9.8 | 11.9 | 6.8 | -6.8% |
| Romania | N/A | 26.1 | 8.2 | 1.6 | -75.2% |
| Serbia | 27.0 | 11.6 | 1.7 | 1.5 | -61.8% |
| Slovakia | N/A | 25.5 | 15.4 | 0.8 | -82.3% |
| Spain | 4.5 | 4.4 | 4.9 | N/A | 4.3% |
| Croatia | N/A | 9.4 | 19.0 | N/A | 102.1% |
| Austria | N/A | 5.8 | 21.1 | N/A | 263.8% |
| Others | 1.6 | 4.5 | 0.5 | N/A | -44.1% |
| Total | 41.5 | 97.1 | 82.8 | 10.7 | -36.4% |
Top Export Markets for Carbonates; Potassium Carbonate from Hungary in 2022:
- Denmark (2.1 tons)
- Serbia (1.7 tons)
- Romania (0.7 tons)
- Slovakia (0.7 tons)
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