Artificial Graphite Price in Hungary - 2023

Contents:

1. Artificial Graphite Price in Hungary (CIF) - 2023
2. Artificial Graphite Price in Hungary (FOB) - 2022
3. Artificial Graphite Imports in Hungary
4. Artificial Graphite Exports in Hungary

Artificial Graphite Price in Hungary (CIF) - 2023

In June 2023, the average artificial graphite import price amounted to $8,745 per ton, with an increase of 4.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 14% month-to-month. As a result, import price reached the peak level of $8,950 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($12,336 per ton), while the price for Germany ($1,817 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Price in Hungary (FOB) - 2022

In 2022, the average artificial graphite export price amounted to $10,298 per ton, declining by -20.8% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,037% against the previous year. The export price peaked at $12,995 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($17,690 per ton), while the average price for exports to Poland ($4,393 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 the Czech Republic (+32.3%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Graphite Imports in Hungary

For the fourth year in a row, Hungary recorded growth in purchases abroad of artificial graphite, which increased by 81% to 25K tons in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 228%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, artificial graphite imports soared to $223M in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 215% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Artificial Graphite to Hungary in 2022:

1. China (22.0K tons)
2. South Korea (1.2K tons)
3. Germany (0.8K tons)
4. Switzerland (0.4K tons)

Artificial Graphite Exports in Hungary

In 2022, the amount of artificial graphite exported from Hungary soared to 116 tons, growing by 19% against the previous year's figure. In general, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 164% against the previous year.

In value terms, artificial graphite exports fell to $1.2M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 336%. As a result, the exports attained the peak of $1.3M, and then reduced in the following year.

Top Export Markets for Artificial Graphite from Hungary in 2022:

1. United States (64.1 tons)
2. China (22.6 tons)
3. Czech Republic (12.3 tons)
4. South Korea (10.6 tons)
5. Serbia (4.8 tons)

Source: IndexBox Market Intelligence Platform