Sulphates; of Aluminium Price in Hungary - 2023
Contents:
Sulphates; of Aluminium Price in Hungary (CIF) - 2022
In 2022, the average sulphates; of aluminium import price amounted to $1,765 per ton, picking up by 74% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 227%. Over the period under review, average import prices hit record highs at $2,129 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 Germany ($3,345 per ton), while the price for Romania ($232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Aluminium Imports in Hungary
In 2022, purchases abroad of sulphates; of aluminia decreased by -6.7% to 45 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 760% against the previous year. As a result, imports reached the peak of 321 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphates; of aluminium imports soared to $79K in 2022. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 470% against the previous year. As a result, imports attained the peak of $261K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Sulphates; of Aluminium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.8 | 163 | 30.0 | 55.9 | 22.0% |
| Romania | 4.6 | 27.8 | 7.6 | 5.8 | 8.0% |
| Italy | 4.7 | 37.8 | 5.4 | 4.8 | 0.7% |
| Serbia | N/A | 4.5 | N/A | N/A | 0% |
| Others | 5.6 | 27.8 | 5.4 | 12.1 | 29.3% |
| Total | 45.7 | 261 | 48.4 | 78.6 | 19.8% |
Top Suppliers of Sulphates; of Aluminium to Hungary in 2022:
- Romania (24.9 tons)
- Germany (16.7 tons)
- Italy (2.3 tons)
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