Phosphorus Price in Hungary - 2022
Contents:
Phosphorus Price in Hungary (CIF) - 2022
The average phosphorus import price stood at $7,107 per ton in 2022, rising by 9.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 15%. The import price peaked at $7,660 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($11,268 per ton), while the price for the Netherlands totaled $1,121 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphorus Imports in Hungary
In 2022, the amount of phosphori imported into Hungary surged to 24 tons, with an increase of 19% compared with the year before. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 260% against the previous year. As a result, imports attained the peak of 28 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, phosphorus imports surged to $171K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 315%. As a result, imports reached the peak of $211K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Phosphorus in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 118 | 114 | 160 | 16.4% |
| Netherlands | N/A | N/A | 17.0 | 11.1 | -34.7% |
| Slovenia | 19.2 | N/A | N/A | N/A | 0% |
| Italy | 11.3 | 91.9 | N/A | N/A | 713.3% |
| Others | 20.3 | 0.4 | N/A | N/A | -98.0% |
| Total | 50.7 | 211 | 131 | 171 | 50.0% |
Top Suppliers of Phosphorus to Hungary in 2022:
- India (14.2 tons)
- Netherlands (9.9 tons)
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