Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary (CIF) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $22,329 per ton, rising by 35% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2013 an increase of 90%. As a result, import price attained the peak level of $61,066 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($69,816 per ton), while the price for the United States ($14,893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $5,369 per ton, waning by -92.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 659% against the previous year. The export price peaked at $262,450 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +25.1% per year.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary

In 2022, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -56.2% to 29 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. As a result, imports reached the peak of 125 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses fell notably to $637K in 2022. Overall, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2991,109833283-1.8%
Netherlands128114127109-5.2%
China8.324.129.995.1125.4%
Germany81075837.947.9-61.0%
Japan14.1N/AN/A38.439.6%
France4.10.53.936.8107.8%
Spain20.119.627.916.3-6.7%
Others54.35.217.210.1-42.9%
Total1,3382,0311,077637-21.9%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Hungary in 2022:

  1. United States (19.0 tons)
  2. China (3.6 tons)
  3. Netherlands (2.0 tons)
  4. France (1.5 tons)
  5. Japan (1.0 tons)
  6. Germany (0.7 tons)
  7. Spain (0.5 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary

Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Hungary soared to 3.5 tons in 2022, jumping by 1,030% on 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,970% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced rapidly to $19K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 667% against the previous year. As a result, the exports reached the peak of $23K, and then fell rapidly in the following year.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A11.517.249.6%
Czech Republic0.31.98.4N/A429.2%
SlovakiaN/AN/A0.8N/A0%
Others1.01.02.11.617.0%
Total1.33.022.918.8143.6%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Hungary in 2022:

  1. Slovenia (3.5 tons)

Source: IndexBox Market Intelligence Platform

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