Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $6,812 per ton in 2022, declining by -11.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 88% against the previous year. Over the period under review, average import prices hit record highs at $8,837 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,469 per ton), while the price for Poland ($1,774 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary (FOB) - 2022
In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $100,803 per ton, picking up by 34% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 385% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
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 Croatia ($800,105 per ton), while the average price for exports to Romania ($2,000 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 Croatia (+377.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Hungary soared to 60 tons, with an increase of 47% on 2021 figures. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $407K in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 120%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 7.6 | 149 | 240 | 462.0% |
| Italy | 52.9 | 187 | 105 | 120 | 31.4% |
| Poland | 9.9 | 25.3 | 20.3 | 17.0 | 19.7% |
| Germany | 27.3 | 8.5 | 4.0 | 14.8 | -18.5% |
| France | 1.7 | 0.7 | 1.6 | 11.4 | 88.6% |
| Spain | 19.2 | 21.9 | 17.3 | N/A | -5.1% |
| Others | 6.3 | 7.7 | 15.0 | 4.2 | -12.6% |
| Total | 117 | 259 | 312 | 407 | 51.5% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Hungary in 2022:
- South Korea (30.4 tons)
- Italy (14.8 tons)
- Poland (9.6 tons)
- France (2.8 tons)
- Germany (1.8 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary
In 2022, overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were finally on the rise to reach 2.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant contraction.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $227K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 62.1 | 70.5 | 68.3 | 173 | 40.7% |
| Czech Republic | N/A | N/A | N/A | 29.1 | 0% |
| Switzerland | N/A | N/A | 0.1 | 8.2 | 8100.0% |
| Austria | 9.2 | N/A | N/A | N/A | 0% |
| Poland | N/A | 2.0 | N/A | N/A | 0% |
| Others | 0.8 | 0.3 | 1.0 | 16.5 | 174.2% |
| Total | 72.1 | 72.8 | 69.4 | 227 | 46.6% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Hungary in 2022:
- United States (1687.0 kg)
- Switzerland (293.0 kg)
- Czech Republic (245.0 kg)
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