Alkali Metals; Sodium Price in Hungary - 2023
Contents:
- Alkali Metals; Sodium Price in Hungary (CIF) - 2022
- Alkali Metals; Sodium Price in Hungary (FOB) - 2022
- Alkali Metals; Sodium Imports in Hungary
- Alkali Metals; Sodium Exports in Hungary
Alkali Metals; Sodium Price in Hungary (CIF) - 2022
The average alkali metals; sodium import price stood at $2,996 per ton in 2022, with a decrease of -44.5% against the previous year. Over the period under review, the import price recorded a perceptible decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $5,401 per ton in 2021, and then declined notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($23,733 per ton), while the price for Germany ($1,443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+23.0%), while the prices for the other major suppliers experienced a decline.
Alkali Metals; Sodium Price in Hungary (FOB) - 2022
The average alkali metals; sodium export price stood at $17,989 per ton in 2022, with an increase of 7.7% against the previous year. Overall, the export price showed a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 113%. As a result, the export price reached the peak level of $31,712 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($20,738 per ton), while the average price for exports to the UK stood at $14,640 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Alkali Metals; Sodium Imports in Hungary
In 2022, alkali metals; sodium imports into Hungary dropped rapidly to 30 tons, shrinking by -31.9% on the previous year's figure. In general, imports showed a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 131%. As a result, imports reached the peak of 44 tons, and then declined dramatically in the following year.
In value terms, alkali metals; sodium imports declined significantly to $89K in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year. As a result, imports reached the peak of $236K, and then reduced dramatically in the following year.
| Import of Alkali Metals; Sodium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 163 | 92.0 | 223 | 59.8 | -28.4% |
| Germany | 6.9 | 5.6 | 11.0 | 28.3 | 60.1% |
| Others | 1.9 | 0.6 | 1.7 | 0.9 | -22.0% |
| Total | 172 | 98.2 | 236 | 89.0 | -19.7% |
Top Suppliers of Alkali Metals; Sodium to Hungary in 2022:
- Germany (19.6 tons)
- France (10.1 tons)
Alkali Metals; Sodium Exports in Hungary
In 2022, approx. 3.9 tons of alkali metals; sodia were exported from Hungary; reducing by -9.5% compared with the previous year. In general, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 406%.
In value terms, alkali metals; sodium exports reduced to $71K in 2022. Over the period under review, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 166% against the previous year.
| Export of Alkali Metals; Sodium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.4 | 6.6 | 24.4 | 44.8 | 62.7% |
| United Kingdom | 46.5 | 2.0 | 48.2 | 26.0 | -17.6% |
| Germany | 55.0 | 1.5 | N/A | N/A | -97.3% |
| Italy | 36.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 17.2 | N/A | N/A | 0% |
| Total | 149 | 27.3 | 72.7 | 70.8 | -22.0% |
Top Export Markets for Alkali Metals; Sodium from Hungary in 2022:
- Singapore (2.2 tons)
- United Kingdom (1.8 tons)
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