Price for Metals; Palladium, Unwrought or in Powder Form in Hungary - 2023

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Hungary (CIF) - 2022
2. Price for Metals; Palladium, Unwrought or in Powder Form in Hungary (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in Hungary
4. Exports of Metals; Palladium, Unwrought or in Powder Form in Hungary

Price for Metals; Palladium, Unwrought or in Powder Form in Hungary (CIF) - 2022

The average import price for metals; palladium, unwrought or in powder forms stood at $58,301,578 per ton in 2022, with a decrease of -27.3% against the previous year. Over the period under review, the import price, however, showed significant growth. The most prominent rate of growth was recorded in 2014 an increase of 5,959% against the previous year. The import price peaked at $80,235,985 per ton in 2021, and then fell significantly in the following year.

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 the UK ($79,166,000 per ton), while the price for Austria ($4,421,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+192.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Palladium, Unwrought or in Powder Form in Hungary (FOB) - 2022

In 2022, the average export price for metals; palladium, unwrought or in powder forms amounted to $71,459,600 per ton, falling by -19% against the previous year. Overall, the export price, however, saw a significant increase. The growth pace was the most rapid in 2014 when the average export price increased by 1,278%. Over the period under review, the average export prices reached the peak figure at $88,177,889 per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($86,313,500 per ton), while the average price for exports to Slovakia totaled $11,940,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+81.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Palladium, Unwrought or in Powder Form in Hungary

After three years of growth, purchases abroad of metals; palladium, unwrought or in powder forms decreased by -76.3% to 64 kg in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,588% against the previous year. As a result, imports reached the peak of 270 kg, and then declined markedly in the following year.

In value terms, imports of metals; palladium, unwrought or in powder forms reduced sharply to $3.7M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 30,407% against the previous year.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Hungary in 2022:

1. Italy (43.0 kg)
2. Germany (14.0 kg)
3. Austria (5.0 kg)
4. United Kingdom (2.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in Hungary

In 2022, approx. 5 kg of metals; palladium, unwrought or in powder forms were exported from Hungary; dropping by -72.2% on the previous year. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 500%.

In value terms, exports of metals; palladium, unwrought or in powder forms shrank markedly to $357K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,516%.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Hungary in 2022:

1. Italy (4.0 kg)
2. Slovakia (1.0 kg)

Source: IndexBox Market Intelligence Platform