Cerium Compounds Price in Hungary - 2023
Contents:
- Cerium Compounds Price in Hungary (CIF) - 2022
- Cerium Compounds Price in Hungary (FOB) - 2022
- Cerium Compounds Imports in Hungary
- Cerium Compounds Exports in Hungary
Cerium Compounds Price in Hungary (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $46,025 per ton, jumping by 30% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 31%. The import price peaked at $60,639 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($58,652 per ton), while the price for Austria ($38,953 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Cerium Compounds Price in Hungary (FOB) - 2022
In 2021, the average cerium compounds export price amounted to $25,848 per ton, shrinking by -39% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2020 when the average export price increased by 63%. The export price peaked at $107,085 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($36,975 per ton), while the average price for exports to South Korea amounted to $25,223 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+2.0%).
Cerium Compounds Imports in Hungary
After two years of decline, supplies from abroad of cerium compoundses increased by 1.9% to 5.9 tons in 2022. Overall, imports, however, showed a deep setback.
In value terms, cerium compounds imports surged to $270K in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cerium Compounds in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 201 | 200 | 168 | 159 | -7.5% |
| Austria | 10.9 | 9.9 | 20.4 | 94.7 | 105.6% |
| Germany | 9.6 | 2.4 | 4.0 | 14.3 | 14.2% |
| Others | 5.6 | 4.4 | 11.5 | 2.4 | -24.6% |
| Total | 227 | 217 | 204 | 270 | 6.0% |
Top Suppliers of Cerium Compounds to Hungary in 2022:
- France (3.2 tons)
- Austria (2.4 tons)
- Germany (0.2 tons)
Cerium Compounds Exports in Hungary
For the third year in a row, Hungary recorded growth in overseas shipments of cerium compoundses, which increased by 18,000% to 2 tons in 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cerium compounds exports soared to $51K in 2021. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cerium Compounds in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Korea | N/A | N/A | 48.0 | 0% | |
| Germany | N/A | N/A | 3.0 | 0% | |
| Others | N/A | 0.5 | 0.5 | 0.0% | |
| Total | N/A | 0.5 | 51.5 | 10200.0% | |
Top Export Markets for Cerium Compounds from Hungary in 2022:
- South Korea (1905.0 kg)
- Germany (80.0 kg)
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