Price for Monophenols; Cresols and Their Salts in Hungary - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Hungary (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Hungary (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Hungary
- Exports of Monophenols; Cresols and Their Salts in Hungary
Price for Monophenols; Cresols and Their Salts in Hungary (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $10,162 per ton in 2022, increasing by 102% against the previous year. Overall, the import price enjoyed a tangible expansion. The import price peaked at $10,557 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($552,058 per ton), while the price for Germany ($8,803 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Cresols and Their Salts in Hungary (FOB) - 2022
In 2022, the average export price for monophenols; cresols and their saltses amounted to $350 per ton, falling by -96% against the previous year. In general, the export price recorded a dramatic downturn. The growth pace was the most rapid in 2020 an increase of 1,464%. As a result, the export price reached the peak level of $16,747 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($350 per ton), while the average price for exports to Switzerland ($350 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 the Netherlands (-18.4%), while the prices for the other major destinations experienced a decline.
Imports of Monophenols; Cresols and Their Salts in Hungary
In 2022, approx. 9.2 tons of monophenols; cresols and their saltses were imported into Hungary; waning by -63.6% on the previous year. Over the period under review, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 64%.
In value terms, monophenols; cresols and their salts imports shrank sharply to $93K in 2022. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year.
| Import of Monophenols; Cresols and Their Salts in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 127 | 56.7 | 124 | 78.9 | -14.7% |
| Others | 6.8 | 1.6 | 3.0 | 14.4 | 28.4% |
| Total | 133 | 58.3 | 127 | 93.3 | -11.1% |
Top Suppliers of Monophenols; Cresols and Their Salts to Hungary in 2022:
- Germany (9.0 tons)
Exports of Monophenols; Cresols and Their Salts in Hungary
In 2022, overseas shipments of monophenols; cresols and their saltses were finally on the rise to reach 6.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; cresols and their salts exports surged to $2.3K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 628% against the previous year. As a result, the exports attained the peak of $3.2K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Monophenols; Cresols and Their Salts in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 1,110 | 1,911 | 72.2% |
| Germany | 411 | N/A | 172 | 328 | -7.2% |
| Netherlands | 32.0 | N/A | N/A | 43.0 | 10.4% |
| Others | 3.0 | 3,249 | 34.0 | N/A | 236.7% |
| Total | 446 | 3,249 | 1,316 | 2,282 | 72.3% |
Top Export Markets for Monophenols; Cresols and Their Salts from Hungary in 2022:
- Switzerland (5.5 tons)
- Germany (0.9 tons)
- Netherlands (0.1 tons)
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