Hungary - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilver Nitrate Price in Hungary - 2023
Contents:
- Silver Nitrate Price in Hungary (CIF) - 2022
- Silver Nitrate Price in Hungary (FOB) - 2022
- Silver Nitrate Imports in Hungary
- Silver Nitrate Exports in Hungary
Silver Nitrate Price in Hungary (CIF) - 2022
In 2022, the average silver nitrate import price amounted to $152,882 per ton, reducing by -38.3% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2020 when the average import price increased by 67% against the previous year. The import price peaked at $348,040 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($402,605 per ton), while the price for France ($35,555 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Silver Nitrate Price in Hungary (FOB) - 2022
The average silver nitrate export price stood at $455,900 per ton in 2022, increasing by 12% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,769% against the previous year. As a result, the export price attained the peak level of $633,000 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($1,076,286 per ton), while the average price for exports to Romania ($60,753 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 Slovenia (+36.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Nitrate Imports in Hungary
In 2022, approx. 873 kg of silver nitrate were imported into Hungary; declining by -30.5% against the year before. Overall, imports continue to indicate a precipitous decline. The smallest decline of -11.8% was in 2021.
In value terms, silver nitrate imports dropped markedly to $133K in 2022. In general, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 7.6% against the previous year. As a result, imports attained the peak of $313K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Silver Nitrate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 190 | 279 | 274 | 103 | -18.5% |
| Belgium | 60.1 | 30.2 | 26.3 | 23.9 | -26.5% |
| Czech Republic | 4.5 | 3.3 | 6.5 | 4.7 | 1.5% |
| France | 0.8 | 1.3 | N/A | 0.6 | -9.1% |
| United Kingdom | 36.2 | N/A | 4.9 | N/A | -63.2% |
| Others | 0.1 | N/A | N/A | 1.2 | 128.9% |
| Total | 291 | 313 | 311 | 133 | -23.0% |
Top Suppliers of Silver Nitrate to Hungary in 2022:
- Belgium (524.0 kg)
- Germany (256.0 kg)
- Czech Republic (55.0 kg)
- France (18.0 kg)
Silver Nitrate Exports in Hungary
After two years of decline, shipments abroad of silver nitrate decreased by -15.2% to 39 kg in 2022. In general, exports, however, recorded significant growth.
In value terms, silver nitrate exports reduced slightly to $18K in 2022. Overall, exports, however, continue to indicate significant growth.
| Export of Silver Nitrate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | 8.3 | 11.7 | 41.0% |
| Slovenia | N/A | N/A | 2.4 | 4.2 | 75.0% |
| Romania | N/A | N/A | 1.1 | 1.2 | 9.1% |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0% |
| Lithuania | N/A | N/A | 1.4 | 0.4 | -71.4% |
| Serbia | N/A | N/A | 5.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | 18.7 | 17.8 | -4.8% |
Top Export Markets for Silver Nitrate from Hungary in 2022:
- Romania (19.0 kg)
- Slovakia (12.0 kg)
- Slovenia (4.0 kg)
- Lithuania (3.0 kg)
- Czech Republic (2.0 kg)
This report provides an in-depth analysis of the silver nitrate market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20135183 - Silver nitrate
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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