Price for Inorganic Acids; Other than Hydrogen Fluoride in Hungary - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Hungary (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Hungary (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Hungary
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Hungary
Price for Inorganic Acids; Other than Hydrogen Fluoride in Hungary (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $381 per ton, waning by -18% against the previous year. Over the period under review, the import price, however, posted noticeable growth. The growth pace was the most rapid in 2020 when the average import price increased by 54%. Over the period under review, average import prices reached the peak figure at $464 per ton in 2021, and then dropped dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($408 per ton), while the price for the Czech Republic ($28 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Hungary (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $16,372 per ton, increasing by 27% against the previous year. Overall, the export price, however, saw a perceptible reduction. The export price peaked at $25,442 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($32,520 per ton), while the average price for exports to Poland ($3,584 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 Ukraine (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Hungary
In 2022, imports of inorganic acids; other than hydrogen fluorides into Hungary soared to 11K tons, increasing by 46% compared with 2021 figures. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.5% 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 +80.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $4.2M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,055 | 1,170 | 1,531 | 1,165 | 3.4% |
| Indonesia | 112 | 197 | 525 | 1,070 | 112.2% |
| Serbia | 433 | 195 | 328 | 988 | 31.7% |
| Lithuania | N/A | N/A | 75.6 | 86.8 | 14.8% |
| Poland | 110 | 124 | 27.0 | 86.2 | -7.8% |
| Netherlands | 283 | 324 | 338 | 23.6 | -56.3% |
| France | 119 | 78.9 | 318 | 14.0 | -51.0% |
| Czech Republic | 19.1 | 2.2 | 2.7 | 2.9 | -46.7% |
| Others | 184 | 110 | 366 | 754 | 60.0% |
| Total | 2,316 | 2,201 | 3,511 | 4,191 | 21.9% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Hungary in 2022:
- Indonesia (3.9K tons)
- Germany (3.4K tons)
- Serbia (2.5K tons)
- Lithuania (0.2K tons)
- Poland (0.2K tons)
- Netherlands (0.1K tons)
- Czech Republic (0.1K tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Hungary
After three years of growth, overseas shipments of inorganic acids; other than hydrogen fluorides decreased by -37.1% to 59 tons in 2022. In general, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports attained the peak of 94 tons, and then dropped sharply in the following year.
In value terms, exports of inorganic acids; other than hydrogen fluorides fell dramatically to $963K in 2022. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $1.2M, and then dropped sharply in the following year.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 80.0 | 146 | 322 | 391 | 69.7% |
| United States | 143 | 130 | 521 | 241 | 19.0% |
| Romania | 61.3 | 84.9 | 112 | 113 | 22.6% |
| Italy | 123 | 95.6 | 154 | 99.4 | -6.9% |
| Czech Republic | 17.6 | 21.0 | 3.8 | 39.9 | 31.4% |
| Slovakia | 11.8 | 7.4 | 24.2 | 27.8 | 33.1% |
| Poland | 21.8 | 33.2 | 6.5 | 6.6 | -32.9% |
| Russia | 17.4 | 70.2 | 21.9 | N/A | 12.2% |
| Others | 99.0 | 200 | 41.8 | 44.7 | -23.3% |
| Total | 575 | 788 | 1,208 | 963 | 18.8% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Hungary in 2022:
- Romania (18.1 tons)
- Germany (15.1 tons)
- United States (7.4 tons)
- Italy (6.3 tons)
- Slovakia (3.8 tons)
- Czech Republic (3.5 tons)
- Poland (1.8 tons)
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