Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $34,385 per ton in 2022, shrinking by -37.3% against the previous year. Overall, the import price, however, enjoyed modest growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 2,542% against the previous year. The import price peaked at $74,250 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 ($56,250 per ton), while the price for Belgium ($23,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+26.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $559 per ton, dropping by -58.2% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The export price peaked at $3,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to -10.2% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, when their volume decreased by -87% to 13 kg. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 2,400%. As a result, imports attained the peak of 100 kg, and then shrank rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates declined sharply to $447 in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,746%. As a result, imports attained the peak of $5.5K, and then fell remarkably in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 112 | 127 | 5,450 | 225 | 26.2% |
| France | N/A | 170 | N/A | 199 | 8.2% |
| Belgium | 14.0 | N/A | 32.0 | 23.0 | 18.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 126 | 297 | 5,482 | 447 | 52.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Hungary in 2022:
- France (8.0 kg)
- Germany (4.0 kg)
- Belgium (1.0 kg)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary
In 2022, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates from Hungary surged to 4.6 tons, jumping by 20% compared with the previous year. The total export volume increased at an average annual rate of +19.6% over the period from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates reduced notably to $2.6K in 2022. Over the period under review, exports, however, showed a precipitous setback.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | N/A | 2.6 | 0% | ||
| Germany | 5.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 5.2 | 2.6 | -50.0% | ||
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Hungary in 2022:
- Netherlands (4.6 tons)
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