Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary (CIF) - 2023
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary (CIF) - 2023

In August 2023, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,425 per ton, falling by -8.6% against the previous month. In general, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 11% month-to-month. As a result, import price reached the peak level of $1,853 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($1,434 per ton), while the price for Poland ($1,415 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,463 per ton, jumping by 44% against the previous year. In general, the export price recorded tangible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2013 to 2022, the rate of growth in terms of prices for Serbia amounted to +43.7% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary

In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -42.4% to 2.2K tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 3.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses contracted dramatically to $4.6M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of $7.6M, and then reduced dramatically in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic4.13.67.04.10.0%
Germany0.10.30.30.344.2%
Poland0.2N/A0.1N/A-29.3%
Others0.10.10.10.226.0%
Total4.64.07.64.60.0%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Hungary in 2022:

  1. Czech Republic (2020.4 tons)
  2. Germany (93.5 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -50.8% to 23 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 7,227%. As a result, the exports reached the peak of 71 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses dropped markedly to $56K in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,249%. As a result, the exports reached the peak of $85K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SerbiaN/A83.773.456.2-18.1%
Romania2.01.70.2N/A-68.4%
OthersN/AN/A5.5N/A0%
Total2.085.479.156.2204.0%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Hungary in 2022:

  1. Serbia (22.8 tons)

Source: IndexBox Market Intelligence Platform

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