Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,281 per ton, rising by 37% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses increased by +84.1% against 2020 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 Sweden ($1,688 per ton), while the price for Belgium ($989 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $1,245 per ton, with an increase of 12% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 61%. As a result, the export price attained the peak level of $1,421 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
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 Croatia ($2,011 per ton), while the average price for exports to Austria ($1,171 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 Austria (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary
In 2022, approx. 1.9K tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were imported into Hungary; with a decrease of -8.4% compared with the year before. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $2.4M in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 81% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 551 | 662 | 1,154 | 1,094 | 25.7% |
| China | 32.1 | 67.4 | 143 | 351 | 122.0% |
| Austria | 112 | 138 | 150 | 269 | 33.9% |
| Sweden | 20.5 | 0.3 | 212 | 226 | 122.6% |
| Belgium | 2.5 | 12.2 | 18.9 | 125 | 268.4% |
| Netherlands | 60.8 | 39.8 | 8.6 | 111 | 22.2% |
| Croatia | 26.1 | 19.3 | 17.3 | 86.8 | 49.3% |
| Poland | 124 | 41.3 | 110 | 44.7 | -28.8% |
| Others | 1,004 | 61.5 | 74.1 | 71.2 | -58.6% |
| Total | 1,932 | 1,042 | 1,888 | 2,379 | 7.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Hungary in 2022:
- Germany (898.5 tons)
- China (279.3 tons)
- Austria (175.7 tons)
- Sweden (134.1 tons)
- Belgium (126.4 tons)
- Netherlands (70.0 tons)
- Croatia (64.6 tons)
- Poland (29.9 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses, which increased by 140% to 180 tons in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 145%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $224K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 221% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 12.0 | 17.0 | 24.5 | 112 | 110.5% |
| Austria | N/A | N/A | 2.7 | 84.3 | 3022.2% |
| Serbia | N/A | N/A | 20.8 | 22.7 | 9.1% |
| Croatia | N/A | N/A | 4.9 | 4.8 | -2.0% |
| Poland | N/A | 8.4 | 30.5 | N/A | 263.1% |
| Others | 12.0 | 0.5 | N/A | 0.3 | -70.8% |
| Total | 24.0 | 25.9 | 83.3 | 224 | 110.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Hungary in 2022:
- Romania (92.0 tons)
- Austria (72.0 tons)
- Serbia (13.2 tons)
- Croatia (2.4 tons)
318
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Hungary.
556
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Hungary.
115
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Hungary.
119
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Hungary.
324
This report provides an in-depth analysis of the market for salts of acetic acid in Hungary.
364
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Hungary.
307
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Hungary.
311
This report provides an in-depth analysis of the ethyl acetate market in Hungary.
241
This report provides an in-depth analysis of the acetic anhydride market in Hungary.
388
This report provides an in-depth analysis of the acetic acid market in Hungary.
279
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
930
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1413
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
209
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
987
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
902
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
967
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
1006
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
314
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
1077
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
