Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary - 2023

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary (CIF) - 2023
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary (FOB) - 2023
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary (CIF) - 2023

The average import price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $2,387 per ton in December 2023, increasing by 1.6% against the previous month. In general, import price indicated a buoyant increase from December 2022 to December 2023: its price increased at an average monthly rate of +6.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for glass; unworked, in tubes, of fused quartz or other fused silica increased by +5.1% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 143% month-to-month. Over the period under review, average import prices hit record highs at $2,721 per ton in September 2023; however, from October 2023 to December 2023, import prices remained at a lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +6.9% per month.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary (FOB) - 2023

The average export price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $41,072 per ton in December 2023, with a decrease of -72.2% against the previous month. Overall, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 453% against the previous month. As a result, the export price reached the peak level of $282K per ton. From June 2023 to December 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the country with the highest price was Turkey ($51,642 per ton), while the average price for exports to the United States amounted to $40,076 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary

Imports of glass; unworked, in tubes, of fused quartz or other fused silica into Hungary rose rapidly to 12K tons in 2022, with an increase of 14% compared with 2021 figures. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica declined to $28M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Hungary in 2022:

1. Germany (11.4K tons)
2. China (0.4K tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Hungary

In 2022, after three years of growth, there was decline in overseas shipments of glass; unworked, in tubes, of fused quartz or other fused silica, when their volume decreased by -4.9% to 61 tons. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 404%.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica dropped modestly to $1.6M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 81% against the previous year.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from Hungary in 2022:

1. United States (50.3 tons)
2. Japan (3.2 tons)
3. Norway (1.8 tons)
4. Finland (1.3 tons)
5. Austria (1.2 tons)
6. Turkey (0.9 tons)

Source: IndexBox Market Intelligence Platform