Price for Carbides, Whether or Not Chemically Defined in Hungary - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Hungary (CIF) - 2023
  2. Imports of Carbides, Whether or Not Chemically Defined in Hungary

Price for Carbides, Whether or Not Chemically Defined in Hungary (CIF) - 2023

In September 2023, the average import price for carbides, whether or not chemically defineds amounted to $2,721 per ton, increasing by 5.3% against the previous month. Over the period under review, import price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for carbides, whether or not chemically defineds increased by +5.3% against August 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 36% against the previous month. The import price peaked at $2,935 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,870 per ton), while the price for Slovakia totaled $998 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.1%).

Imports of Carbides, Whether or Not Chemically Defined in Hungary

In 2022, the amount of carbides, whether or not chemically defineds imported into Hungary surged to 3.6K tons, rising by 62% compared with the year before. In general, imports, however, faced a precipitous slump.

In value terms, imports of carbides, whether or not chemically defineds surged to $3.3M in 2022. Over the period under review, imports, however, faced a precipitous decrease.

Import of Carbides, Whether or Not Chemically Defined in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1.71.61.52.310.6%
Germany0.70.90.30.70.0%
China3.03.9N/A0.2-59.5%
Japan6.06.5N/AN/A8.3%
Sweden8.010.2N/AN/A27.5%
Others2.92.10.10.1-67.5%
Total22.325.11.93.3-47.1%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Hungary in 2022:

  1. Slovakia (2916.5 tons)
  2. Germany (595.9 tons)
  3. China (7.8 tons)

Source: IndexBox Market Intelligence Platform

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