Salts; Molybdates Price in Hungary - 2023

Salts; Molybdates Price in Hungary (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $25,571 per ton, picking up by 32% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked at $25,689 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($26,767 per ton), while the price for Austria amounted to $7,453 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.9%).

Salts; Molybdates Price in Hungary (FOB) - 2022

In 2022, the average salts; molybdates export price amounted to $22,121 per ton, declining by -15.2% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 441% against the previous year. The export price peaked at $39,091 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +12.0% per year.

Salts; Molybdates Imports in Hungary

Salts; molybdates imports into Hungary stood at 15 tons in 2022, surging by 8% on the previous year. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 110%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, salts; molybdates imports soared to $387K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 91%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Salts; Molybdates in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	64.3	120	206	361	77.7%
Austria	2.0	7.6	11.7	10.0	71.0%
France	N/A	13.8	17.5	0.2	-88.0%
Others	20.9	25.6	35.7	15.9	-8.7%
Total	87.3	167	271	387	64.3%

Top Suppliers of Salts; Molybdates to Hungary in 2022:

France (undefined tons)
Poland (13.5 tons)
Austria (1.3 tons)

Salts; Molybdates Exports in Hungary

In 2022, exports of salts; molybdateses from Hungary surged to 1.7 tons, jumping by 130% compared with 2021. Overall, exports, however, saw a deep reduction.

In value terms, salts; molybdates exports surged to $37K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.