Price for Poly(Lactic Acid); in Primary Forms in Hungary - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Hungary (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Hungary (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Hungary
  4. Exports of Poly(Lactic Acid); in Primary Forms in Hungary

Price for Poly(Lactic Acid); in Primary Forms in Hungary (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $3,803 per ton in 2022, jumping by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 an increase of 44%. As a result, import price attained the peak level of $4,019 per ton. From 2014 to 2022, the average 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 China ($17,553 per ton), while the price for Belgium ($1,490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in Hungary (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $2,993 per ton in 2022, dropping by -15.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 24%. Over the period under review, the average export prices attained the maximum at $4,379 per ton in 2017; however, from 2018 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 Austria ($3,378 per ton), while the average price for exports to Romania ($2,850 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 Austria (+4.9%).

Imports of Poly(Lactic Acid); in Primary Forms in Hungary

In 2022, approx. 61 tons of poly(lactic acid); in primary formses were imported into Hungary; surging by 13% on the previous year. Over the period under review, imports, however, saw a abrupt slump.

In value terms, poly(lactic acid); in primary forms imports surged to $231K in 2022. In general, imports, however, saw a deep reduction.

Import of Poly(Lactic Acid); in Primary Forms in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19.4N/A5.790.166.8%
Austria27.97.415.663.331.4%
Germany13379.610.623.5-43.9%
Slovakia6.01.8N/A15.035.7%
France4.23.1N/A12.142.3%
Poland0.1N/A2.39.2351.4%
Italy3.971.4N/A1.8-22.7%
China53.167.00.61.8-67.6%
Belgium1.01231331.39.1%
Spain43.0N/AN/A1.0-71.5%
Others2.73.6N/A11.662.6%
Total294357168231-7.7%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Hungary in 2022:

  1. Netherlands (26.8 tons)
  2. Austria (14.5 tons)
  3. France (6.1 tons)
  4. Slovakia (4.8 tons)
  5. Germany (4.4 tons)
  6. Poland (1.4 tons)
  7. Belgium (0.9 tons)
  8. Italy (0.4 tons)
  9. Spain (0.3 tons)
  10. China (0.1 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Hungary

In 2022, exports of poly(lactic acid); in primary formses from Hungary soared to 1.3 tons, growing by 35% compared with 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 269%. As a result, the exports attained the peak of 1.3 tons; afterwards, it flattened through to 2022.

In value terms, poly(lactic acid); in primary forms exports expanded remarkably to $3.8K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 283%. As a result, the exports reached the peak of $4.3K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Poly(Lactic Acid); in Primary Forms in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A2,7280%
Austria957N/AN/A947-0.3%
Ukraine7.02,6972,9815.0-10.6%
Serbia57.01,133N/A3.0-62.5%
North MacedoniaN/AN/A2982.0-99.3%
GermanyN/A237N/AN/A0%
Others89.0185N/A81.0-3.1%
Total1,1104,2523,2793,76650.3%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Hungary in 2022:

  1. Egypt (945.0 kg)
  2. Austria (280.0 kg)
  3. Ukraine (3.0 kg)

Source: IndexBox Market Intelligence Platform

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