Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Hungary - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary (CIF) - 2022
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary (FOB) - 2023
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary (CIF) - 2022

In 2022, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $376 per ton, growing by 19% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates increased by +23.3% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 59% against the previous year. The import price peaked at $505 per ton in 2018; however, from 2019 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 Germany ($640 per ton), while the price for Romania ($235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary (FOB) - 2023

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $1,871 per ton in October 2023, picking up by 73% against the previous month. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in April 2023 an increase of 159% against the previous month. As a result, the export price attained the peak level of $2,880 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Russia ($3,617 per ton), while the average price for exports to the UK ($1,795 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary

For the fourth year in a row, Hungary recorded growth in purchases abroad of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates, which increased by 9.3% to 100K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $37M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina13.613.212.717.17.9%
Belgium4.43.23.45.04.4%
Germany2.32.22.64.121.3%
Poland1.22.11.93.137.2%
Austria0.90.92.12.947.7%
Bulgaria1.20.70.30.4-30.7%
Romania3.10.50.30.1-68.2%
Others3.14.45.74.815.7%
Total29.727.328.937.48.0%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Hungary in 2022:

  1. Bosnia and Herzegovina (51.7K tons)
  2. Belgium (20.9K tons)
  3. Austria (7.2K tons)
  4. Poland (6.5K tons)
  5. Germany (6.4K tons)
  6. Bulgaria (1.0K tons)
  7. Romania (0.4K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary

Exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Hungary rose rapidly to 2.6K tons in 2022, picking up by 9.9% compared with 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 163%. As a result, the exports attained the peak of 2.9K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $3.4M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,039758867916-4.1%
Romania4173515154422.0%
Denmark4162672134200.3%
Poland8.886.580.9410259.8%
Czech Republic39.711663620873.7%
Slovakia49.938.019815947.2%
Ukraine5.20.48.376.3144.8%
Croatia44.811.425.345.60.6%
Belgium4471,1681412.7-81.8%
Others23834122671744.4%
Total2,7053,1382,9113,3967.9%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Hungary in 2022:

  1. United Kingdom (718.0 tons)
  2. Romania (714.8 tons)
  3. Poland (444.4 tons)
  4. Czech Republic (176.3 tons)
  5. Slovakia (150.0 tons)
  6. Ukraine (132.2 tons)
  7. Denmark (105.3 tons)
  8. Croatia (52.0 tons)
  9. Belgium (2.5 tons)

Source: IndexBox Market Intelligence Platform

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