Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Hungary - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Hungary (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Hungary

Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Hungary (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $6,374 per ton, with an increase of 4.6% against the previous year. Over the period under review, the import price showed a temperate increase. The growth pace was the most rapid in 2015 an increase of 247% against the previous year. As a result, import price attained the peak level of $11,800 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,000 per ton), while the price for Belgium ($5,663 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Hungary

For the third year in a row, Hungary recorded decline in supplies from abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses, which decreased by -22.7% to 99 kg in 2022. Overall, imports showed a sharp decline.

In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses contracted markedly to $631 in 2022. Over the period under review, imports showed a sharp decrease.

Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,124421450470-25.2%
Czech Republic135149286119-4.1%
Germany89.0480N/A42.0-22.1%
Others1.0N/A44.0N/A563.3%
Total1,3491,050780631-22.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Hungary in 2022:

  1. Belgium (83.0 kg)
  2. Czech Republic (14.0 kg)
  3. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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