Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hungary - 2023

Contents:

  1. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hungary (CIF) - 2022
  2. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hungary (FOB) - 2022
  3. Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Hungary
  4. Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Hungary

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hungary (CIF) - 2022

In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $20,442 per ton, increasing by 4.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 97% against the previous year. Over the period under review, average import prices attained the maximum at $41,515 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 China ($43,345 per ton), while the price for Italy ($14,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hungary (FOB) - 2022

The average export price for ketone-phenols and ketones with other oxygen functia stood at $7,771 per ton in 2021, remaining constant against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 151% against the previous year. Over the period under review, the average export prices hit record highs at $153,341 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -2.1% per year.

Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Hungary

After two years of decline, supplies from abroad of ketone-phenols and ketones with other oxygen functia increased by 25% to 21 tons in 2022. In general, imports, however, recorded a abrupt decrease.

In value terms, imports of ketone-phenols and ketones with other oxygen functia skyrocketed to $426K in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of $571K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Ketone-Phenols and Ketones with Other Oxygen Function in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany334487172239-10.6%
China26.138.222.847.021.7%
Italy15.611.132.030.424.9%
SloveniaN/A13.2N/A17.715.8%
Belgium2.31.53.311.068.5%
Netherlands0.50.5N/A10.2173.2%
Others24.119.596.371.343.6%
Total4025713264262.0%

Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Hungary in 2022:

  1. Germany (15.3 tons)
  2. Italy (2.1 tons)
  3. China (1.1 tons)
  4. Netherlands (0.6 tons)
  5. Slovenia (0.6 tons)
  6. Belgium (0.5 tons)

Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Hungary

In 2022, overseas shipments of ketone-phenols and ketones with other oxygen functia decreased by 99.9% to less than 0.1 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, enjoyed a significant expansion.

In value terms, exports of ketone-phenols and ketones with other oxygen functia dropped rapidly to $49 in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 43,600% against the previous year.

Export of Ketone-Phenols and Ketones with Other Oxygen Function in Hungary (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
PolandN/AN/A7.80%
OthersN/A0.4N/A0%
TotalN/A0.47.81850.0%

Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Hungary in 2022:

  1. Poland (1.0 tons)

Source: IndexBox Market Intelligence Platform

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