Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary (CIF) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary (CIF) - 2023
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $652 per ton in October 2023, dropping by -20.6% against the previous month. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in January 2023 an increase of 9% against the previous month. The import price peaked at $1,427 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Serbia ($672 per ton), while the price for Russia ($593 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $852 per ton, growing by 15% against the previous year. In general, the export price recorded slight growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 377%. Over the period under review, the average export prices attained the maximum at $6,756 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($1,734 per ton), while the average price for exports to Germany ($491 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 Croatia (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary
In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses imported into Hungary amounted to 66K tons, growing by 5.6% compared with the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 decreased by -10.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 69%. As a result, imports attained the peak of 74K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $62M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 14.7 | 23.9 | 27.3 | 33.2 | 31.2% |
| Germany | 2.8 | 3.5 | 3.3 | 4.8 | 19.7% |
| Poland | 1.8 | 2.6 | 2.4 | 4.2 | 32.6% |
| Slovenia | 0.2 | 0.2 | 0.4 | 3.6 | 162.1% |
| Lithuania | 2.1 | 1.3 | 2.3 | 1.9 | -3.3% |
| Russia | 4.5 | 3.1 | 3.8 | 1.7 | -27.7% |
| Czech Republic | 1.1 | 1.1 | 1.2 | 1.6 | 13.3% |
| Others | 5.3 | 5.2 | 4.9 | 11.0 | 27.6% |
| Total | 32.4 | 40.8 | 45.7 | 62.0 | 24.2% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Hungary in 2022:
- Serbia (33.2K tons)
- Slovenia (9.1K tons)
- Germany (6.8K tons)
- Poland (3.6K tons)
- Lithuania (2.5K tons)
- Czech Republic (1.9K tons)
- Russia (1.9K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary
In 2022, approx. 40K tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were exported from Hungary; with an increase of 13% on 2021 figures. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 551% against the previous year. As a result, the exports reached the peak of 44K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $34M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 68%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.2 | 12.5 | 12.2 | 10.5 | 26.4% |
| Poland | 2.0 | 4.0 | 4.4 | 8.1 | 59.4% |
| Czech Republic | 1.5 | 2.1 | 3.3 | 7.1 | 67.9% |
| Ukraine | 0.1 | 0.1 | N/A | 2.3 | 184.4% |
| Romania | 1.7 | 1.5 | 1.8 | 1.8 | 1.9% |
| Slovakia | 1.6 | 1.5 | 1.5 | 1.6 | 0.0% |
| Others | 2.6 | 2.9 | 3.0 | 2.7 | 1.3% |
| Total | 14.6 | 24.6 | 26.1 | 34.2 | 32.8% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Hungary in 2022:
- Germany (21.4K tons)
- Poland (6.7K tons)
- Czech Republic (5.4K tons)
- Ukraine (1.7K tons)
- Romania (1.7K tons)
- Slovakia (1.6K tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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