Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Hungary - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Hungary (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Hungary

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Hungary (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,252 per ton, surging by 2.7% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The pace of growth was the most pronounced in 2019 an increase of 125% against the previous year. As a result, import price attained the peak level of $3,312 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,667 per ton), while the price for Germany ($2,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Hungary

In 2022, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Hungary soared to 417 tons, increasing by 1,495% against 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $940K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.724.439.8908442.1%
Turkey18.25.13.531.119.6%
BelgiumN/A59.2N/AN/A0%
OthersN/A1.514.0N/A833.3%
Total23.990.257.3940240.1%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Hungary in 2022:

  1. Germany (409.9 tons)
  2. Turkey (7.3 tons)

Source: IndexBox Market Intelligence Platform

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