Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary - 2023

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary (CIF) - 2022
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary (FOB) - 2022
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,098 per ton in 2022, growing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($4,824 per ton), while the price for Poland ($1,341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,450 per ton, increasing by 57% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 80%. As a result, the export price reached the peak level of $2,765 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($5,453 per ton), while the average price for exports to Slovakia ($1,465 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 the Czech Republic (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary

In 2022, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s into Hungary soared to 3.6K tons, rising by 25% on the previous year's figure. The total import volume increased at an average annual rate of +8.8% 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 polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $7.5M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Hungary in 2022:

1. Poland (1517.7 tons)
2. Germany (649.2 tons)
3. Belgium (478.8 tons)
4. Czech Republic (350.8 tons)
5. France (339.8 tons)
6. China (95.0 tons)
7. Italy (30.1 tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hungary

In 2022, shipments abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -86.7% to 45 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 122% against the previous year. As a result, the exports attained the peak of 385 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s contracted notably to $111K in 2022. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 137%. As a result, the exports attained the peak of $677K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Hungary in 2022:

1. Saudi Arabia (22.0 tons)
2. Germany (8.8 tons)
3. Russia (8.8 tons)
4. Belarus (2.4 tons)
5. Slovenia (2.1 tons)
6. Serbia (0.8 tons)

Source: IndexBox Market Intelligence Platform