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

Contents:

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

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

The average export price for metals; platinum, unwrought or in powder forms stood at $16,509,436 per ton in 2022, declining by -9.1% against the previous year. Overall, the export price, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 10,343% against the previous year. Over the period under review, the average export prices attained the maximum at $440,001,500 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($19,813,833 per ton), while the average price for exports to Germany ($16,320,627 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+37.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $15,958,267 per ton, waning by -58.9% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 818% against the previous year. The import price peaked at $46,615,471 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 ($36,161,600 per ton), while the price for the United States ($151,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.4%).

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

After three years of growth, shipments abroad of metals; platinum, unwrought or in powder forms decreased by -42.4% to 344 kg in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 4,600% against the previous year.

In value terms, exports of metals; platinum, unwrought or in powder forms plummeted to $5.7M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 270%.

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

1. Germany (319.0 kg)
2. Italy (18.0 kg)
3. Slovakia (7.0 kg)

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

In 2022, the amount of metals; platinum, unwrought or in powder forms imported into Hungary skyrocketed to 30 kg, rising by 15% on the previous year's figure. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 583%. As a result, imports attained the peak of 41 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of metals; platinum, unwrought or in powder forms dropped significantly to $479K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 589% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. United States (16.0 kg)
2. Italy (9.0 kg)
3. Germany (5.0 kg)

Source: IndexBox Market Intelligence Platform