Hungary - Christmas Decoration - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChristmas Decoration Price in Hungary - 2023
Contents:
- Christmas Decoration Price in Hungary (CIF) - 2023
- Christmas Decoration Price in Hungary (FOB) - 2023
- Christmas Decoration Imports in Hungary
- Christmas Decoration Exports in Hungary
Christmas Decoration Price in Hungary (CIF) - 2023
In October 2023, the average christmas decoration import price amounted to $3.1 per unit, shrinking by -22.4% against the previous month. In general, the import price saw a perceptible descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 53% month-to-month. Over the period under review, average import prices reached the peak figure at $8.1 per unit in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($9.1 per unit), while the price for Serbia ($1.9 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced a decline.
Christmas Decoration Price in Hungary (FOB) - 2023
In October 2023, the average christmas decoration export price amounted to $4.0 per unit, shrinking by -56.4% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 364% month-to-month. As a result, the export price attained the peak level of $20.7 per unit. From March 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($9.4 per unit), while the average price for exports to Serbia ($3.8 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Christmas Decoration Imports in Hungary
After two years of decline, purchases abroad of christmas decoration increased by 25% to 5.2M units in 2022. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, christmas decoration imports soared to $21M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +64.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Christmas Decoration in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.9 | 5.2 | 8.7 | 12.5 | 36.6% |
Germany | 1.9 | 2.3 | 2.2 | 2.4 | 8.1% |
Slovakia | 1.5 | 1.4 | 1.6 | 2.0 | 10.1% |
Netherlands | 0.9 | 1.3 | 1.3 | 1.6 | 21.1% |
Poland | 2.5 | 2.6 | 0.4 | 1.1 | -23.9% |
Serbia | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
Austria | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
Others | 0.8 | 0.6 | 0.7 | 0.9 | 4.0% |
Total | 12.9 | 13.9 | 15.2 | 21.1 | 17.8% |
Top Suppliers of Christmas Decoration to Hungary in 2022:
- China (3474.8K units)
- Slovakia (537.5K units)
- Germany (422.1K units)
- Netherlands (226.8K units)
- Poland (185.9K units)
- Serbia (110.7K units)
- Austria (63.5K units)
Christmas Decoration Exports in Hungary
In 2022, approx. 2.1M units of christmas decoration were exported from Hungary; picking up by 46% on the previous year's figure. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, christmas decoration exports skyrocketed to $9.5M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Christmas Decoration in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 155 | 154 | 1,251 | 2,456 | 151.2% |
Slovakia | 213 | 832 | 1,069 | 2,167 | 116.7% |
Italy | 36.9 | 23.5 | 220 | 658 | 161.3% |
Croatia | 556 | 1,044 | 350 | 616 | 3.5% |
Bulgaria | 112 | 217 | 184 | 503 | 65.0% |
Spain | 0.1 | N/A | 73.0 | 489 | 1597.3% |
Serbia | 95.2 | 191 | 466 | 471 | 70.4% |
Germany | 885 | 902 | 567 | 362 | -25.8% |
Austria | 249 | 30.5 | 41.7 | 239 | -1.4% |
Others | 1,279 | 1,178 | 1,175 | 1,588 | 7.5% |
Total | 3,582 | 4,572 | 5,396 | 9,549 | 38.7% |
Top Export Markets for Christmas Decoration from Hungary in 2022:
- Romania (652.9K units)
- Slovakia (380.7K units)
- Italy (182.8K units)
- Croatia (162.3K units)
- Germany (159.2K units)
- Serbia (139.0K units)
- Bulgaria (138.3K units)
- Spain (122.0K units)
- Austria (62.5K units)
This report provides an in-depth analysis of the christmas decoration market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32995130 - Articles for Christmas festivities (excluding electric garlands, n atural Christmas trees, Christmas tree stands, candles, s tatuettes, statues and the like used for decorating places of worship)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the christmas decoration market in Hungary.
This report provides an in-depth analysis of the festive articles market in Hungary.
This report provides an in-depth analysis of the global christmas decoration market.
This report provides an in-depth analysis of the global festive articles market.
This report provides an in-depth analysis of the christmas decoration market in Hungary.
This report provides an in-depth analysis of the festive articles market in Hungary.
This report provides an in-depth analysis of the global christmas decoration market.
This report provides an in-depth analysis of the global festive articles market.
Discover the top import markets for Christmas decorations around the world. Explore the import values of countries like the United States, United Kingdom, Canada, and more. Get insights into the global demand for festive decorations.
Explore the world's best import markets for festive articles, including the United States, United Kingdom, Canada, and more. Discover key statistics and market insights for the global festive articles industry.
Discover the top import markets for Christmas decorations around the world. Explore the import values of countries like the United States, United Kingdom, Canada, and more. Get insights into the global demand for festive decorations.
Explore the world's best import markets for festive articles, including the United States, United Kingdom, Canada, and more. Discover key statistics and market insights for the global festive articles industry.