Price for Wood; Shuttering for Concrete Constructional Work in Hungary - 2023

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Hungary (CIF) - 2023
  2. Price for Wood; Shuttering for Concrete Constructional Work in Hungary (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Hungary
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Hungary

Price for Wood; Shuttering for Concrete Constructional Work in Hungary (CIF) - 2023

In October 2023, the average import price for wood; shuttering for concrete constructional work amounted to $1,376 per ton, dropping by -12.7% against the previous month. Over the period under review, the import price showed a slight contraction. The pace of growth appeared the most rapid in June 2023 an increase of 59% against the previous month. As a result, import price attained the peak level of $2,800 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($2,368 per ton), while the price for Poland ($774 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Shuttering for Concrete Constructional Work in Hungary (FOB) - 2022

In 2022, the average export price for wood; shuttering for concrete constructional work amounted to $1,194 per ton, rising by 19% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 117% against the previous year. The export price peaked at $2,310 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($4,034 per ton), while the average price for exports to Romania ($756 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 Montenegro (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shuttering for Concrete Constructional Work in Hungary

In 2022, the amount of wood; shuttering for concrete constructional work imported into Hungary declined notably to 2.4K tons, which is down by -20% on the previous year's figure. Over the period under review, imports recorded a dramatic slump. The smallest decline of -9.6% was in 2021.

In value terms, imports of wood; shuttering for concrete constructional work contracted to $4.6M in 2022. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.

Import of Wood; Shuttering for Concrete Constructional Work in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria4.02.03.02.5-14.5%
Germany1.20.70.41.1-2.9%
Slovakia1.30.80.80.6-22.7%
Czech Republic0.10.30.40.344.2%
BulgariaN/AN/A0.10.10.0%
Others0.40.40.3N/A-13.4%
Total7.14.25.04.6-13.5%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Hungary in 2022:

  1. Austria (1179.9 tons)
  2. Germany (602.8 tons)
  3. Slovakia (337.1 tons)
  4. Czech Republic (177.9 tons)
  5. Bulgaria (46.7 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Hungary

In 2022, overseas shipments of wood; shuttering for concrete constructional work decreased by -1.1% to 829 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51%. As a result, the exports reached the peak of 849 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of wood; shuttering for concrete constructional work surged to $990K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Wood; Shuttering for Concrete Constructional Work in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania54.968.937533582.7%
IrelandN/AN/A34.2170397.1%
Germany54.833.098.716343.8%
Austria29917729.175.5-36.8%
Bulgaria3.018.841.252.4159.5%
Slovenia2.61.72.150.0167.9%
SerbiaN/A54.28.131.6-23.6%
Slovakia69.552.463.511.2-45.6%
Czech Republic73.137.233.811.1-46.6%
KosovoN/A32.45.0N/A-84.6%
Others58.218914989.815.6%
Total61566483999017.2%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Hungary in 2022:

  1. Romania (443.8 tons)
  2. Germany (109.0 tons)
  3. Austria (48.8 tons)
  4. Ireland (42.0 tons)
  5. Bulgaria (40.8 tons)
  6. Slovenia (39.7 tons)
  7. Serbia (37.1 tons)
  8. Czech Republic (6.2 tons)
  9. Slovakia (5.6 tons)

Source: IndexBox Market Intelligence Platform

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