Price for Handkerchiefs (Not Knitted or Crocheted) in Hungary - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Hungary (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Hungary (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Hungary
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Hungary

Price for Handkerchiefs (Not Knitted or Crocheted) in Hungary (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $0.4 per unit, which is down by -18.7% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 145%. The import price peaked at $0.7 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Poland ($1 per unit), while the price for Turkey ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.0%), while the prices for the other major suppliers experienced a decline.

Price for Handkerchiefs (Not Knitted or Crocheted) in Hungary (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $0.2 per unit, falling by -45.4% against the previous year. Over the period under review, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 145% against the previous year. The export price peaked at $1.7 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($5.7 per unit), while the average price for exports to the Czech Republic ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.4%), while the prices for the other major destinations experienced a decline.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Hungary

In 2022, imports of handkerchiefs (not knitted or crocheted)s into Hungary surged to 631K units, growing by 107% against the previous year's figure. In general, imports saw buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 308% against the previous year. As a result, imports attained the peak of 2.2M units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) imports soared to $241K in 2022. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 126%. As a result, imports reached the peak of $415K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Handkerchiefs (Not Knitted or Crocheted) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.624.59.588.734.3%
Turkey4.525617.851.9125.9%
Germany62.133.626.435.9-16.7%
Poland17.427.116.910.9-14.4%
Others62.973.271.953.2-5.4%
Total1844151432419.4%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Hungary in 2022:

  1. Turkey (272.3K units)
  2. China (242.7K units)
  3. Germany (87.9K units)
  4. Poland (11.4K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Hungary

After three years of growth, shipments abroad of handkerchiefs (not knitted or crocheted)s decreased by -63.7% to 73K units in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,702%. Over the period under review, the exports hit record highs at 202K units in 2021, and then shrank remarkably in the following year.

In value terms, handkerchiefs (not knitted or crocheted) exports reduced dramatically to $11K in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,159%. As a result, the exports reached the peak of $57K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Handkerchiefs (Not Knitted or Crocheted) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia0.319.332.89.7218.6%
Czech RepublicN/AN/A0.31.2300.0%
GermanyN/A6.00.1N/A-98.3%
United KingdomN/AN/A3.7N/A0%
Others4.332.019.80.3-58.8%
Total4.557.356.711.335.9%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Hungary in 2022:

  1. Slovakia (56.5K units)
  2. Czech Republic (16.5K units)
  3. Germany (0.1K units)

Source: IndexBox Market Intelligence Platform

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