Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary (CIF) - 2022
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary
  4. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary (CIF) - 2022

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $256,332 per ton in 2022, growing by 123% against the previous year. Over the period under review, the import price showed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.2% per year.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary (FOB) - 2022

The average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $421,667 per ton in 2022, rising by 4.2% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 85%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 the United States ($502,200 per ton), while the average price for exports to Switzerland ($33,000 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+207.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary

In 2022, supplies from abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -45.8% to 244 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of 6.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves soared to $63K in 2022. In general, imports recorded a significant contraction.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany84179240.561.6-58.2%
ChinaN/A50.86.1N/A-88.0%
Others2.54.25.11.0-26.3%
Total84484751.762.5-58.0%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Hungary in 2022:

  1. Germany (241.0 kg)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary

Exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves from Hungary contracted notably to 15 kg in 2022, which is down by -46.4% on the previous year's figure. Overall, exports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 367%. As a result, the exports reached the peak of 28 kg, and then fell significantly in the following year.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves shrank significantly to $6.3K in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 762%. As a result, the exports attained the peak of $11K, and then dropped notably in the following year.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,77454230.03,13820.9%
United StatesN/AN/A38.02,5116507.9%
United KingdomN/AN/AN/A4050%
Netherlands10.04.0N/A177160.6%
Switzerland267N/A1.033.0-50.2%
Spain387N/A6.0N/A-87.5%
Slovakia108N/AN/AN/A0%
France89.0N/AN/AN/A0%
IndiaN/AN/A11,187N/A0%
United Arab Emirates812346N/AN/A-57.4%
South AfricaN/A3635.0N/A-98.6%
Brazil134N/AN/AN/A0%
Others10760.069.061.0-17.1%
Total3,6881,31511,3366,32519.7%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Hungary in 2022:

  1. Germany (7.0 kg)
  2. United States (5.0 kg)
  3. Switzerland (1.0 kg)
  4. Netherlands (1.0 kg)
  5. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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