Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary - 2023

Contents:

  1. Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary (CIF) - 2023
  2. Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary (FOB) - 2022
  3. Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary
  4. Exports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary

Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary (CIF) - 2023

The average import price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses stood at $3,965 per ton in July 2023, shrinking by -11.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 27% month-to-month. Over the period under review, average import prices hit record highs at $5,092 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was China ($4,205 per ton), while the price for Germany totaled $3,130 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary (FOB) - 2022

In 2022, the average export price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses amounted to $6,581 per ton, rising by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($10,652 per ton), while the average price for exports to Italy ($4,783 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 Australia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of organo-sulphur compounds; thiocarbamates and dithiocarbamateses, which increased by 7.6% to 5.8K tons in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 260% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates imports rose remarkably to $27M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.01.010.713.689.5%
ChinaN/AN/A2.75.292.6%
JapanN/A2.57.34.432.7%
IndiaN/A3.61.92.6-15.0%
Hong Kong SARN/AN/A0.9N/A0%
Others0.60.31.00.75.3%
Total2.67.424.526.5116.8%

Top Suppliers of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates to Hungary in 2022:

  1. Belgium (3.1K tons)
  2. Japan (1.1K tons)
  3. China (1.1K tons)
  4. India (0.5K tons)

Exports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary

In 2022, approx. 1.6K tons of organo-sulphur compounds; thiocarbamates and dithiocarbamateses were exported from Hungary; surging by 78% compared with the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates exports surged to $10M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.33.34.25.61.9%
BelgiumN/A1.9N/A3.331.8%
AustraliaN/AN/AN/A1.20%
ItalyN/AN/AN/A0.20%
Others0.40.70.50.1-37.0%
Total5.75.94.710.422.2%

Top Export Markets for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates from Hungary in 2022:

  1. United States (725.1 tons)
  2. Belgium (677.8 tons)
  3. Australia (110.8 tons)
  4. Italy (42.0 tons)

Source: IndexBox Market Intelligence Platform

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