Sulphates; of Copper Price in Hungary - 2023
Contents:
- Sulphates; of Copper Price in Hungary (CIF) - 2022
- Sulphates; of Copper Price in Hungary (FOB) - 2022
- Sulphates; of Copper Imports in Hungary
- Sulphates; of Copper Exports in Hungary
Sulphates; of Copper Price in Hungary (CIF) - 2022
In 2022, the average sulphates; of copper import price amounted to $2,963 per ton, with an increase of 15% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +41.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 the Netherlands ($9,171 per ton), while the price for Russia ($1,106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Copper Price in Hungary (FOB) - 2022
In 2022, the average sulphates; of copper export price amounted to $2,549 per ton, rising by 17% against the previous year. In general, the export price, however, showed a slight decline. The growth pace was the most rapid in 2014 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs at $6,449 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($2,616 per ton), while the average price for exports to Bulgaria ($1,588 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 Slovakia (-0.6%), while the prices for the other major destinations experienced a decline.
Sulphates; of Copper Imports in Hungary
Sulphates; of copper imports into Hungary dropped to 1K tons in 2022, falling by -8.9% on the year before. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year.
In value terms, sulphates; of copper imports amounted to $3M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +56.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Sulphates; of Copper in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 872 | 838 | 1,181 | 1,473 | 19.1% |
| Belgium | 67.4 | 165 | 245 | 419 | 83.9% |
| Malta | 699 | 329 | 378 | 381 | -18.3% |
| Serbia | 123 | 161 | 483 | 260 | 28.3% |
| Spain | 147 | 120 | 281 | 232 | 16.4% |
| Germany | 187 | 102 | 63.1 | 61.6 | -30.9% |
| Slovenia | 23.4 | 40.9 | N/A | 60.9 | 37.6% |
| Italy | 1.0 | 42.8 | 2.7 | 43.7 | 252.2% |
| Turkey | 254 | 40.5 | N/A | N/A | -84.1% |
| Others | 124 | 84.1 | 240 | 70.2 | -17.3% |
| Total | 2,497 | 1,923 | 2,873 | 3,002 | 6.3% |
Top Suppliers of Sulphates; of Copper to Hungary in 2022:
- Turkey (undefined tons)
- Poland (513.3 tons)
- Malta (152.6 tons)
- Belgium (134.2 tons)
- Serbia (93.1 tons)
- Spain (58.0 tons)
- Slovenia (17.8 tons)
- Italy (15.6 tons)
- Germany (8.1 tons)
Sulphates; of Copper Exports in Hungary
In 2022, overseas shipments of sulphates; of coppers decreased by -86.7% to 12 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 9,403%. As a result, the exports attained the peak of 93 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sulphates; of copper exports reduced sharply to $32K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 4,363% against the previous year. As a result, the exports attained the peak of $237K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Sulphates; of Copper in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 0.4 | 46.2 | 30.4 | 18.5 | 259.0% |
| Romania | 0.4 | 68.7 | 71.8 | 11.7 | 208.1% |
| Bulgaria | N/A | 5.1 | 0.7 | 0.7 | -63.0% |
| Ukraine | N/A | N/A | 12.1 | 0.4 | -96.7% |
| Croatia | N/A | 18.2 | 87.5 | N/A | 380.8% |
| Poland | N/A | 90.6 | N/A | N/A | 0% |
| Others | 4.5 | 8.5 | N/A | 0.3 | -59.5% |
| Total | 5.3 | 237 | 203 | 31.5 | 81.1% |
Top Export Markets for Sulphates; of Copper from Hungary in 2022:
- Slovakia (7.1 tons)
- Romania (4.7 tons)
- Bulgaria (0.4 tons)
- Ukraine (0.1 tons)
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