Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $16,412 per ton in 2022, surging by 8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31%. As a result, import price reached the peak level of $20,327 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($21,095 per ton), while the price for Germany ($15,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $62,927 per ton in 2022, shrinking by -7.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 90%. The export price peaked at $134,343 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
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 Slovenia ($108,689 per ton), while the average price for exports to Bosnia and Herzegovina ($11,311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary
After three years of growth, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -11.2% to 58 tons in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 204%.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol reduced to $953K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 130%.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 236 | 730 | 819 | 637 | 39.2% |
| India | 157 | 114 | 84.5 | 271 | 20.0% |
| Netherlands | 1.0 | 48.3 | 32.0 | 28.7 | 206.2% |
| Others | 18.4 | 56.9 | 50.5 | 16.0 | -4.6% |
| Total | 413 | 949 | 986 | 953 | 32.1% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Hungary in 2022:
- Germany (42.1 tons)
- India (14.0 tons)
- Netherlands (1.4 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol exported from Hungary dropped remarkably to 96 kg, shrinking by -36.4% compared with the previous year's figure. In general, exports faced a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 695% against the previous year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol shrank markedly to $6K in 2022. Overall, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 572%.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | 0.1 | 7.2 | 3.5 | 491.6% |
| Serbia | N/A | 1.2 | 0.6 | 1.2 | 0.0% |
| Slovenia | 6.0 | 0.1 | 1.9 | 0.9 | -46.9% |
| Bosnia and Herzegovina | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Romania | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Greece | 2.1 | N/A | N/A | N/A | 0% |
| Netherlands | 4.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Total | 12.5 | 1.5 | 10.3 | 6.0 | -21.7% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Hungary in 2022:
- Slovakia (54.0 kg)
- Bosnia and Herzegovina (21.0 kg)
- Serbia (11.0 kg)
- Slovenia (9.0 kg)
- Romania (1.0 kg)
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