Price for Ammonia; Anhydrous or in Aqueous Solution in Hungary - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Hungary (FOB) - 2023
- Price for Ammonia; Anhydrous or in Aqueous Solution in Hungary (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Hungary
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Hungary
Price for Ammonia; Anhydrous or in Aqueous Solution in Hungary (FOB) - 2023
The average export price for ammonia; anhydrous or in aqueous solutia stood at $414 per ton in September 2023, picking up by 67% against the previous month. Overall, the export price, however, showed a abrupt shrinkage. The export price peaked at $1,175 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($3,211 per ton), while the average price for exports to Serbia ($178 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-1.2%), while the prices for the other major destinations experienced a decline.
Price for Ammonia; Anhydrous or in Aqueous Solution in Hungary (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $394 per ton in 2022, surging by 61% against the previous year. Overall, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 an increase of 62% against the previous year. Over the period under review, average import prices attained the maximum at $736 per ton in 2018; however, from 2019 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 Germany ($2,695 per ton), while the price for Slovakia ($331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+208.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Hungary
Exports of ammonia; anhydrous or in aqueous solutia from Hungary soared to 39K tons in 2022, increasing by 38% compared with the year before. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $24M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 111% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 6.3 | 4.8 | 10.1 | 12.6 | 26.0% |
| Italy | N/A | 0.1 | 0.7 | 6.2 | 687.4% |
| Croatia | N/A | N/A | N/A | 1.2 | 0% |
| Slovakia | 0.3 | 0.3 | 0.5 | 0.9 | 44.2% |
| Poland | 0.8 | 0.1 | 0.3 | 0.6 | -9.1% |
| Slovenia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Serbia | 0.6 | 0.3 | 0.4 | 0.3 | -20.6% |
| Bosnia and Herzegovina | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 0.4 | 0.4 | 0.6 | 1.2 | 44.2% |
| Total | 8.6 | 6.2 | 13.0 | 23.6 | 40.0% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Hungary in 2022:
- Czech Republic (20.0K tons)
- Italy (6.7K tons)
- Croatia (4.1K tons)
- Slovakia (2.4K tons)
- Serbia (1.5K tons)
- Slovenia (1.3K tons)
- Bosnia and Herzegovina (0.9K tons)
- Poland (0.8K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Hungary
In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Hungary skyrocketed to 5.9K tons, jumping by 39% against 2021. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 231% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $2.3M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 579 | 574 | 784 | 1,615 | 40.8% |
| Austria | 14.2 | 9.8 | 72.0 | 452 | 216.9% |
| Croatia | N/A | 45.3 | N/A | 9.1 | -55.2% |
| Others | 42.0 | 97.2 | 173 | 228 | 75.7% |
| Total | 635 | 726 | 1,029 | 2,304 | 53.7% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Hungary in 2022:
- Slovakia (4.9K tons)
- Austria (0.8K tons)
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