Price for Lecithins and Other Phosphoaminolipids in Hungary - 2023

Contents:

  1. Price for Lecithins and Other Phosphoaminolipids in Hungary (FOB) - 2023
  2. Price for Lecithins and Other Phosphoaminolipids in Hungary (CIF) - 2022
  3. Exports of Lecithins and Other Phosphoaminolipids in Hungary
  4. Imports of Lecithins and Other Phosphoaminolipids in Hungary

Price for Lecithins and Other Phosphoaminolipids in Hungary (FOB) - 2023

In September 2023, the average lecithins and other phosphoaminolipids export price amounted to $754 per ton, with a decrease of -34.7% against the previous month. Overall, the export price continues to indicate a perceptible curtailment. The growth pace was the most rapid in April 2023 an increase of 55% month-to-month. The export price peaked at $1,282 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.

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

From October 2022 to September 2023, the rate of growth in terms of prices for Poland amounted to +10.6% per month.

Price for Lecithins and Other Phosphoaminolipids in Hungary (CIF) - 2022

In 2022, the average lecithins and other phosphoaminolipids import price amounted to $5,053 per ton, picking up by 64% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lecithins and other phosphoaminolipids import price increased by +129.5% against 2020 indices. As a result, import price attained 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 Germany ($4,927 per ton), while the price for the UK ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Lecithins and Other Phosphoaminolipids in Hungary

In 2022, after three years of growth, there was significant decline in shipments abroad of lecithins and other phosphoaminolipidses, when their volume decreased by -11.9% to 4K tons. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 11%.

In value terms, lecithins and other phosphoaminolipids exports reduced dramatically to $4M in 2022. Overall, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of $5.2M, and then reduced dramatically in the following year.

Export of Lecithins and Other Phosphoaminolipids in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.82.43.02.917.2%
Germany2.10.91.30.4-42.5%
BelgiumN/AN/A0.50.4-20.0%
PolandN/A0.10.10.241.4%
United Kingdom0.30.5N/AN/A66.7%
Others0.20.40.20.1-20.6%
Total4.54.25.24.0-3.9%

Top Export Markets for Lecithins and Other Phosphoaminolipids from Hungary in 2022:

  1. Netherlands (3316.9 tons)
  2. Germany (305.6 tons)
  3. Belgium (245.7 tons)
  4. Poland (141.0 tons)

Imports of Lecithins and Other Phosphoaminolipids in Hungary

In 2022, purchases abroad of lecithins and other phosphoaminolipidses decreased by -26.6% to 594 tons, falling for the second year in a row after two years of growth. Overall, imports showed a perceptible slump. The growth pace was the most rapid in 2020 when imports increased by 110% against the previous year. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lecithins and other phosphoaminolipids imports skyrocketed to $3M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, imports attained the peak of $3M; afterwards, it flattened through to 2022.

Import of Lecithins and Other Phosphoaminolipids in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9171,4081,2551,73223.6%
Netherlands1653608521,05685.7%
Poland94.05.614.843.4-22.7%
United Kingdom8451,175288N/A-41.6%
Others14967.378.01724.9%
Total2,1703,0162,4873,00411.4%

Top Suppliers of Lecithins and Other Phosphoaminolipids to Hungary in 2022:

  1. Germany (351.6 tons)
  2. Netherlands (218.8 tons)
  3. Poland (10.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Lecithins and other phosphoaminolipids - Hungary