Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $11,180 per ton in 2022, falling by -16.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28%. Over the period under review, average import prices hit record highs at $13,927 per ton in 2013; however, from 2014 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 Denmark ($44,430 per ton), while the price for the Netherlands ($3,893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $21,871 per ton in 2022, waning by -17.4% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -28.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 32%. Over the period under review, the average export prices reached the maximum at $30,494 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Denmark ($42,556 per ton), while the average price for exports to Romania ($11,863 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 Denmark (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary

In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Hungary contracted modestly to 162 tons, dropping by -4.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports attained the peak of 170 tons, and then reduced in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped sharply to $1.8M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% 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 +24.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of $2.3M, and then contracted dramatically in the following year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Hungary in 2022:

1. France (48.8 tons)
2. Belgium (39.0 tons)
3. Norway (33.0 tons)
4. Germany (12.0 tons)
5. Netherlands (8.9 tons)
6. Denmark (6.7 tons)
7. Austria (6.5 tons)
8. Spain (4.4 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Hungary

In 2022, exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Hungary shrank slightly to 21 tons, which is down by -2.7% compared with 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of 22 tons, and then dropped in the following year.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses declined significantly to $463K in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of $575K, and then dropped rapidly in the following year.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Hungary in 2022:

1. Romania (9.2 tons)
2. Denmark (6.7 tons)
3. Sweden (4.0 tons)
4. Italy (0.7 tons)
5. Brazil (0.4 tons)

Source: IndexBox Market Intelligence Platform