Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary - 2023

Contents:

  1. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary (CIF) - 2023
  2. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary (FOB) - 2023
  3. Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary
  4. Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary (CIF) - 2023

The average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses stood at $1.9 per unit in November 2023, dropping by -33% against the previous month. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in February 2023 an increase of 24% against the previous month. Over the period under review, average import prices attained the maximum at $3.6 per unit in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($6.5 per unit), while the price for Slovakia ($942 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary (FOB) - 2023

In November 2023, the average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $3.6 per unit, increasing by 8.2% against the previous month. Over the period under review, export price indicated a mild increase from November 2022 to November 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses decreased by -31.9% against July 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 73% m-o-m. Over the period under review, the average export prices attained the maximum at $6.8 per unit in February 2023; however, from March 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Bulgaria ($11.1 per unit), while the average price for exports to Serbia ($3.3 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary

For the fourth year in a row, Hungary recorded growth in supplies from abroad of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses, which increased by 37% to 14M units in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 91%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses surged to $39M in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.58.312.920.640.0%
Poland4.05.06.67.121.1%
Germany2.93.12.93.23.3%
Slovakia2.22.02.42.99.6%
Netherlands1.61.71.82.19.5%
Greece0.1N/A1.41.1122.4%
Others2.81.51.51.9-12.1%
Total21.221.729.639.022.5%

Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Hungary in 2022:

  1. China (9.3M units)
  2. Poland (1.7M units)
  3. Slovakia (1.1M units)
  4. Germany (0.7M units)
  5. Netherlands (0.4M units)
  6. Greece (0.3M units)

Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary

For the fourth year in a row, Hungary recorded growth in shipments abroad of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses, which increased by 55% to 4M units in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 210%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses soared to $14M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania0.40.42.54.0115.4%
Slovakia0.51.11.63.081.7%
Italy0.3N/A0.30.944.2%
Serbia0.10.30.70.9108.0%
Croatia0.91.80.90.90.0%
Germany1.61.60.90.8-20.6%
Bulgaria0.20.50.40.751.8%
Others2.31.81.93.211.6%
Total6.37.59.214.532.0%

Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Hungary in 2022:

  1. Romania (1337.9K units)
  2. Slovakia (704.4K units)
  3. Italy (367.6K units)
  4. Croatia (317.9K units)
  5. Serbia (280.5K units)
  6. Bulgaria (258.6K units)
  7. Germany (244.6K units)

Source: IndexBox Market Intelligence Platform

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