Price for Phosphates; N.E.S in Item No. 2835.2 in Hungary - 2023

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Hungary (CIF) - 2022
  2. Price for Phosphates; N.E.S in Item No. 2835.2 in Hungary (FOB) - 2022
  3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Hungary
  4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Hungary

Price for Phosphates; N.E.S in Item No. 2835.2 in Hungary (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,830 per ton, picking up by 40% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for phosphates; n.e.s in item no. 2835.2s increased by +45.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 59%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,095 per ton), while the price for China ($946 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphates; N.E.S in Item No. 2835.2 in Hungary (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $1,669 per ton, waning by -27.1% against the previous year. In general, the export price, however, recorded mild growth. The most prominent rate of growth was recorded in 2016 an increase of 49% against the previous year. Over the period under review, the average export prices attained the maximum at $2,290 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($8,800 per ton), while the average price for exports to Germany ($1,254 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 Italy (+47.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphates; N.E.S in Item No. 2835.2 in Hungary

Imports of phosphates; n.e.s in item no. 2835.2s into Hungary soared to 849 tons in 2022, growing by 50% compared with the year before. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $1.6M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphates; N.E.S in Item No. 2835.2 in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2.250.4213359446.5%
Germany22728421531912.0%
China2012061212517.7%
LatviaN/AN/AN/A2020%
Italy72.042.623.718436.7%
Slovenia42.130.262.175.421.4%
Poland95.867.418.739.2-25.8%
LithuaniaN/AN/A35.027.0-22.9%
Austria18845915.323.4-50.1%
Others23.549.235.274.146.6%
Total8521,1897391,55422.2%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Hungary in 2022:

  1. China (264.8 tons)
  2. Czech Republic (234.2 tons)
  3. Latvia (150.9 tons)
  4. Germany (78.7 tons)
  5. Slovenia (39.0 tons)
  6. Lithuania (24.0 tons)
  7. Italy (22.8 tons)
  8. Poland (21.2 tons)
  9. Austria (3.3 tons)

Exports of Phosphates; N.E.S in Item No. 2835.2 in Hungary

Exports of phosphates; n.e.s in item no. 2835.2s from Hungary surged to 83 tons in 2022, with an increase of 71% against 2021 figures. Overall, exports posted perceptible growth.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $139K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $185K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Phosphates; N.E.S in Item No. 2835.2 in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A31.30%
FranceN/AN/AN/A31.00%
Germany0.60.417.229.3265.5%
Belarus6.55.06.319.644.5%
Bulgaria32.652.419.27.7-38.2%
AustriaN/A1.1N/A6.2137.4%
Romania11.912.027.94.3-28.8%
North Macedonia47.848.310.43.5-58.2%
CroatiaN/A7.3N/A0.2-83.4%
Sweden8.213.510.9N/A15.3%
Turkey8.916.75.4N/A-22.1%
Others19.028.514.65.9-32.3%
Total1361851121390.7%

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Hungary in 2022:

  1. Poland (23.4 tons)
  2. France (23.4 tons)
  3. Germany (23.4 tons)
  4. Belarus (4.5 tons)
  5. Bulgaria (2.4 tons)
  6. Austria (2.2 tons)
  7. Romania (1.7 tons)
  8. North Macedonia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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