Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary - 2023

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary
4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $6,483 per ton in 2022, dropping by -4.1% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 22%. The import price peaked at $9,435 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($6,963 per ton), while the price for Germany ($5,983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $47,821 per ton, with an increase of 245% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($200,500 per ton), while the average price for exports to Brazil stood at $22,375 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+77,516.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary

In 2022, approx. 50 tons of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses were imported into Hungary; surging by 9.5% on the previous year. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.7% 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 -0.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. As a result, imports reached the peak of 51 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses rose rapidly to $327K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 -5.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 74% against the previous year. As a result, imports reached the peak of $347K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Hungary in 2022:

1. Italy (38.0 tons)
2. Germany (7.3 tons)
3. Netherlands (4.3 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hungary

In 2022, shipments abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -98.6% to 28 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 1,842%. As a result, the exports reached the peak of 3.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses shrank markedly to $1.3K in 2022. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 2,512%. As a result, the exports attained the peak of $41K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Hungary in 2022:

1. Brazil (24.0 kg)
2. Israel (4.0 kg)

Source: IndexBox Market Intelligence Platform