Hungary - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hungary - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights

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Potassium Hydroxide Price in Hungary - 2023

Contents:

  1. Potassium Hydroxide Price in Hungary (CIF) - 2022
  2. Potassium Hydroxide Price in Hungary (FOB) - 2022
  3. Potassium Hydroxide Imports in Hungary
  4. Potassium Hydroxide Exports in Hungary

Potassium Hydroxide Price in Hungary (CIF) - 2022

The average potassium hydroxide import price stood at $711 per ton in 2022, growing by 9.3% against the previous year. Over the period under review, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 20%. The import price peaked at $990 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,397 per ton), while the price for the Czech Republic ($547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Potassium Hydroxide Price in Hungary (FOB) - 2022

In 2022, the average potassium hydroxide export price amounted to $1,161 per ton, standing approx. at the previous year. In general, the export price, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 25%. Over the period under review, the average export prices hit record highs at $2,286 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Serbia ($1,652 per ton) and Romania ($1,341 per ton), while the average price for exports to the Czech Republic ($1,107 per ton) and Slovakia ($1,173 per ton) were 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 (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Hydroxide Imports in Hungary

In 2022, approx. 5.1K tons of potassium hydroxide (caustic potash) were imported into Hungary; picking up by 37% against 2021. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports skyrocketed to $3.6M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +52.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Potassium Hydroxide in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6277255221,38630.3%
Italy1,1481,0421,054884-8.3%
Germany2991413183737.6%
South Korea39.7N/A228363109.1%
Poland18.621.131.9301152.9%
France14170.911177.4-18.1%
Romania24.125047.947.425.3%
Others80.011597.117830.5%
Total2,3772,3652,4113,61014.9%

Top Suppliers of Potassium Hydroxide to Hungary in 2022:

  1. Czech Republic (2534.4 tons)
  2. Italy (1395.5 tons)
  3. Germany (395.3 tons)
  4. South Korea (260.0 tons)
  5. Poland (225.4 tons)
  6. France (96.8 tons)
  7. Romania (50.5 tons)

Potassium Hydroxide Exports in Hungary

In 2022, the amount of potassium hydroxide (caustic potash) exported from Hungary soared to 266 tons, growing by 256% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide exports soared to $309K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Potassium Hydroxide in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A4.16.7221634.2%
Romania19.432.518.845.432.8%
Slovakia5.33.413.826.671.2%
Serbia6.48.73.315.233.4%
CroatiaN/A15.57.5N/A-51.6%
Belarus21.824.220.7N/A-2.6%
UkraineN/A18.714.2N/A-24.1%
Others2.15.91.11.0-21.9%
Total54.911386.030977.9%

Top Export Markets for Potassium Hydroxide from Hungary in 2022:

  1. Czech Republic (199.2 tons)
  2. Romania (33.9 tons)
  3. Slovakia (22.6 tons)
  4. Serbia (9.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassium hydroxide market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132530 - Potassium hydroxide (caustic potash)

Country coverage:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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