Hungary - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPotassium Nitrate Price in Hungary - 2023
Contents:
- Potassium Nitrate Price in Hungary (CIF) - 2022
- Potassium Nitrate Price in Hungary (FOB) - 2022
- Potassium Nitrate Imports in Hungary
- Potassium Nitrate Exports in Hungary
Potassium Nitrate Price in Hungary (CIF) - 2022
In 2022, the average potassium nitrate import price amounted to $1,371 per ton, picking up by 44% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potassium nitrate import price increased by +65.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($1,442 per ton), while the price for Poland ($897 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Nitrate Price in Hungary (FOB) - 2022
In 2022, the average potassium nitrate export price amounted to $1,579 per ton, growing by 51% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potassium nitrate export price increased by +55.2% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($1,780 per ton) and North Macedonia ($1,693 per ton), while the average price for exports to Slovakia ($1,489 per ton) and Romania ($1,506 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 Serbia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Nitrate Imports in Hungary
In 2022, overseas purchases of potassium nitrates decreased by -14.7% to 2.9K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 68%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, potassium nitrate imports surged to $3.9M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Potassium Nitrate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1,114 | 1,953 | 1,562 | 2,338 | 28.0% |
| Netherlands | 81.6 | 1,064 | 796 | 722 | 106.8% |
| Belgium | 552 | 0.9 | 211 | 343 | -14.7% |
| Poland | 115 | 245 | 300 | 246 | 28.8% |
| Austria | N/A | N/A | N/A | 181 | 0% |
| Belarus | N/A | N/A | N/A | 67.9 | 0% |
| Others | 242 | 52.4 | 323 | 39.7 | -45.3% |
| Total | 2,104 | 3,314 | 3,193 | 3,937 | 23.2% |
Top Suppliers of Potassium Nitrate to Hungary in 2022:
- Greece (1621.6 tons)
- Netherlands (505.8 tons)
- Poland (274.5 tons)
- Belgium (239.8 tons)
- Austria (136.6 tons)
- Belarus (64.7 tons)
Potassium Nitrate Exports in Hungary
Potassium nitrate exports from Hungary soared to 277 tons in 2022, jumping by 42% against the previous year's figure. Overall, exports, however, recorded a precipitous curtailment.
In value terms, potassium nitrate exports surged to $438K in 2022. In general, exports, however, showed a abrupt slump.
| Export of Potassium Nitrate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 2.6 | 4.0 | 5.1 | 143 | 280.3% |
| Romania | 298 | 56.2 | 90.9 | 116 | -27.0% |
| North Macedonia | 52.2 | 46.1 | 39.5 | 116 | 30.5% |
| Bulgaria | 18.4 | 67.8 | 61.0 | 54.1 | 43.3% |
| Austria | 3.1 | 3.3 | 3.8 | 7.8 | 36.0% |
| Croatia | 117 | 15.2 | 3.6 | N/A | -82.5% |
| Bosnia and Herzegovina | 24.7 | N/A | N/A | N/A | 0% |
| Others | 20.7 | N/A | 0.8 | 1.1 | -62.4% |
| Total | 537 | 193 | 205 | 438 | -6.6% |
Top Export Markets for Potassium Nitrate from Hungary in 2022:
- Slovakia (96.1 tons)
- Romania (76.7 tons)
- North Macedonia (68.7 tons)
- Bulgaria (30.4 tons)
- Austria (4.8 tons)
This report provides an in-depth analysis of the potassium nitrate 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:
- FCL 4025 - Potassium nitrate
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
262
This report provides an in-depth analysis of the potassium nitrate market in Hungary.
251
This report provides an in-depth analysis of the nitrates market in Hungary.
250
This report provides an in-depth analysis of the nitrites market in Hungary.
816
This report provides an in-depth analysis of the global potassium nitrate market.
880
This report provides an in-depth analysis of the global nitrates market.
536
This report provides an in-depth analysis of the global nitrites market.
262
This report provides an in-depth analysis of the potassium nitrate market in Hungary.
251
This report provides an in-depth analysis of the nitrates market in Hungary.
250
This report provides an in-depth analysis of the nitrites market in Hungary.
816
This report provides an in-depth analysis of the global potassium nitrate market.
1011
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1326
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
912
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
634
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
1011
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1326
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
912
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
634
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
