Salts; Tungstates (Wolframates) Price in Hungary - 2023
Contents:
- Salts; Tungstates (Wolframates) Price in Hungary (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Hungary
Salts; Tungstates (Wolframates) Price in Hungary (CIF) - 2022
In 2022, the average salts; tungstates (wolframates) import price amounted to $312,141 per ton, surging by 1,043% against the previous year. Overall, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($367,513 per ton), while the price for Belgium stood at $233,983 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Tungstates (Wolframates) Imports in Hungary
In 2022, supplies from abroad of salts; tungstates (wolframates) decreased by -92.5% to 1.1 tons, falling for the second consecutive year after two years of growth. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 7.4% against the previous year. As a result, imports attained the peak of 35 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, salts; tungstates (wolframates) imports dropped to $350K in 2022. Over the period under review, imports showed a sharp descent. The smallest decline of -2.8% was in 2020.
| Import of Salts; Tungstates (Wolframates) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 0.8 | 2.2 | 201 | 594.5% |
| Belgium | 0.5 | 0.8 | 0.2 | 134 | 544.7% |
| Austria | 890 | 828 | 406 | N/A | -32.5% |
| Others | 19.4 | 54.7 | 1.5 | 14.7 | -8.8% |
| Total | 910 | 885 | 410 | 350 | -27.3% |
Top Suppliers of Salts; Tungstates (Wolframates) to Hungary in 2022:
- Belgium (572.0 kg)
- Germany (547.0 kg)
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