Price for Fertilizers; Mineral or Chemical, Nitrogenous in Hungary - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Hungary (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Hungary (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Hungary
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Hungary
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Hungary (CIF) - 2023
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $226 per ton in June 2023, reducing by -38.2% against the previous month. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in September 2022 an increase of 30% m-o-m. Over the period under review, average import prices reached the peak figure at $564 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($775 per ton), while the price for Austria ($113 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Hungary (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $324 per ton in 2022, growing by 16% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 331%. The export price peaked at $1,888 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($429 per ton), while the average price for exports to Slovakia ($227 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 Germany (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Hungary
In 2022, imports of fertilizers; mineral or chemical, nitrogenoi into Hungary skyrocketed to 1.5M tons, rising by 72% compared with the previous year. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 231% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, fertilizers; mineral or chemical, nitrogenous imports soared to $518M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 111%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 68.9 | 48.8 | 95.2 | 141 | 27.0% |
| Austria | 19.0 | 14.9 | 26.4 | 76.5 | 59.1% |
| Romania | 17.4 | 14.8 | 30.8 | 64.5 | 54.8% |
| Serbia | 7.9 | 3.8 | 5.2 | 43.8 | 77.0% |
| Slovenia | N/A | N/A | 4.0 | 33.8 | 745.0% |
| Ukraine | 11.9 | 10.8 | 25.3 | 33.7 | 41.5% |
| Croatia | 28.8 | 21.6 | 41.7 | 21.6 | -9.1% |
| Others | 22.1 | 19.0 | 53.5 | 104 | 67.6% |
| Total | 176 | 134 | 282 | 518 | 43.3% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Hungary in 2022:
- Slovakia (447.1K tons)
- Austria (221.9K tons)
- Serbia (189.2K tons)
- Slovenia (141.3K tons)
- Ukraine (114.0K tons)
- Romania (102.9K tons)
- Croatia (44.2K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Hungary
In 2022, exports of fertilizers; mineral or chemical, nitrogenoi from Hungary surged to 598K tons, rising by 18% on 2021. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 502% against the previous year. As a result, the exports reached the peak of 607K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fertilizers; mineral or chemical, nitrogenous exports skyrocketed to $194M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 11.2 | 17.7 | 12.9 | 39.2 | 51.8% |
| Romania | 18.8 | 19.8 | 33.7 | 37.9 | 26.3% |
| Croatia | 7.3 | 6.7 | 8.8 | 30.7 | 61.4% |
| Austria | 6.3 | 11.1 | 10.8 | 21.8 | 51.3% |
| Germany | 8.0 | 14.4 | 14.7 | 12.7 | 16.7% |
| Slovenia | 2.9 | 2.4 | 6.3 | 9.2 | 46.9% |
| Slovakia | 15.6 | 13.8 | 21.8 | 9.0 | -16.8% |
| Czech Republic | 8.1 | 7.7 | 10.6 | 4.9 | -15.4% |
| Poland | 13.0 | 13.2 | 8.6 | 2.6 | -41.5% |
| Others | 4.4 | 4.0 | 13.2 | 25.9 | 80.6% |
| Total | 95.7 | 111 | 141 | 194 | 26.6% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Hungary in 2022:
- Romania (135.3K tons)
- Serbia (122.5K tons)
- Croatia (88.0K tons)
- Austria (75.9K tons)
- Slovakia (39.7K tons)
- Slovenia (30.6K tons)
- Germany (29.7K tons)
- Czech Republic (16.7K tons)
- Poland (10.8K tons)
306
This report provides an in-depth analysis of the ammonium nitrate market in Hungary.
348
This report provides an in-depth analysis of the urea market in Hungary.
538
This report provides an in-depth analysis of the nitrogenous fertilizer market in Hungary.
269
This report provides an in-depth analysis of the sodium nitrate market in Hungary.
345
This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) in Hungary.
294
This report provides an in-depth analysis of the ammonium sulphate market in Hungary.
261
This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Hungary.
626
This report provides an in-depth analysis of the fertilizer market in Hungary.
655
This report provides an in-depth analysis of the market for iron or steel can in Hungary.
987
This report provides an in-depth analysis of the global ammonium nitrate market.
16
The global market for ammonium nitrate is expected to experience steady growth over the next seven years, with market volume projected to reach 31M tons and market value expected to reach $15.8B by the end of 2030. The market is forecasted to see a CAGR of +3.0% in volume and +5.5% in value from 2023 to 2030.
386
Explore the top import markets for urea, including India, Brazil, United States, Australia, and more. Learn about their import values and key statistics.
3031
Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.
837
Brazil, Argentina, Australia and Spain increased urea supplies from abroad sharply in 2020. Despite this, global imports of this product slightly dropped last year. India, Brazil, the U.S. remain the largest markets for imported urea worldwide. In 2020, the average import price reduced by -9.8% against the previous year.
144
Explore the top 10 import markets for nitrogenous fertilizer and their significance in the global agricultural industry.
1042
In value terms, radioactive chemical elements and radioactive isotopes imports amounted to $X in 2016. Overall, radioactive chemical elements and radioactive isotopes imports continue to indicate a ...
793
In value terms, mineral and chemical, phosphatic fertilizers imports totaled $X in 2016. In general, mineral and chemical, phosphatic fertilizers imports continue to indicate a relatively flat tren...
1345
In value terms, mineral and chemical, potassic fertilizers imports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total imports value increased at an average annu...
793
In value terms, chemical elements doped for use in electronics imports stood at $X in 2016. Overall, chemical elements doped for use in electronics imports continue to indicate a moderate deduction. ...
844
In value terms, mineral and chemical, potassic fertilizers exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an aver...
