Price for Blankets and Travelling Rugs in Hungary - 2023

Contents:

  1. Price for Blankets and Travelling Rugs in Hungary (CIF) - 2022
  2. Price for Blankets and Travelling Rugs in Hungary (FOB) - 2023
  3. Imports of Blankets and Travelling Rugs in Hungary
  4. Exports of Blankets and Travelling Rugs in Hungary

Price for Blankets and Travelling Rugs in Hungary (CIF) - 2022

The average blankets and travelling rugs import price stood at $3.7 per unit in 2022, growing by 7.4% against the previous year. In general, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 554% against the previous year. The import price peaked at $29 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Slovenia ($7.6 per unit), while the price for Slovakia ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Blankets and Travelling Rugs in Hungary (FOB) - 2023

The average blankets and travelling rugs export price stood at $4.8 per unit in August 2023, with a decrease of -12.9% against the previous month. Overall, export price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, blankets and travelling rugs export price increased by +33.9% against May 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 82% m-o-m. As a result, the export price attained the peak level of $7.3 per unit. From December 2022 to August 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 Serbia ($8.7 per unit), while the average price for exports to Ukraine ($3.2 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Hungary

In 2022, the amount of blankets and travelling rugses imported into Hungary surged to 6.4M units, with an increase of 41% on the year before. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 935% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, blankets and travelling rugs imports surged to $24M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Blankets and Travelling Rugs in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.81.64.616.4108.9%
Poland5.66.44.92.4-24.6%
Germany1.31.51.61.79.4%
Slovakia0.81.21.31.07.7%
IndiaN/AN/AN/A0.60%
PakistanN/AN/AN/A0.50%
Austria0.60.50.40.4-12.6%
Turkey0.30.60.20.30.0%
Others2.02.12.50.1-63.2%
Total12.413.915.523.523.8%

Top Suppliers of Blankets and Travelling Rugs to Hungary in 2022:

  1. China (2819.0K units)
  2. Poland (733.0K units)
  3. Slovakia (423.0K units)
  4. Germany (343.7K units)
  5. India (146.9K units)
  6. Pakistan (142.4K units)
  7. Turkey (87.2K units)
  8. Austria (58.0K units)

Exports of Blankets and Travelling Rugs in Hungary

In 2022, the amount of blankets and travelling rugses exported from Hungary expanded significantly to 3.8M units, surging by 8.8% compared with the year before. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 669% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, blankets and travelling rugs exports soared to $16M in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Blankets and Travelling Rugs in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania7004923,2355,06193.4%
Slovakia6621,7351,8162,56657.1%
Serbia13.888.55401,554382.9%
Croatia7141,4731,2431,22819.8%
Bulgaria2479097581,16967.9%
Spain46.026.0181872166.6%
Italy65093.95677916.8%
Germany1,2991,4161,572665-20.0%
Austria555523275515-2.5%
Slovenia2504803343269.3%
Czech Republic263252539158-15.6%
Poland3821,34530193.5-37.4%
Others1,2528141,5481,2520.0%
Total7,0339,64612,90916,25032.2%

Top Export Markets for Blankets and Travelling Rugs from Hungary in 2022:

  1. Romania (1884.0K units)
  2. Slovakia (691.9K units)
  3. Croatia (489.8K units)
  4. Bulgaria (451.0K units)
  5. Spain (309.1K units)
  6. Italy (304.3K units)
  7. Serbia (240.9K units)
  8. Slovenia (124.7K units)
  9. Austria (74.3K units)
  10. Germany (70.6K units)
  11. Czech Republic (22.0K units)
  12. Poland (16.2K units)

Source: IndexBox Market Intelligence Platform

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