Price for Wood; Statuettes and Other Ornaments of Wood in Hungary - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Hungary (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Hungary (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Hungary
- Exports of Wood; Statuettes and Other Ornaments of Wood in Hungary
Price for Wood; Statuettes and Other Ornaments of Wood in Hungary (CIF) - 2022
In December 2021, the average import price for wood; statuettes and other ornaments of wood amounted to $7,311 per ton, falling by -30.6% against the previous month. Over the period under review, import price indicated a modest expansion from January 2021 to December 2021: its price increased at an average monthly rate of +1.9% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, import price for wood; statuettes and other ornaments of wood decreased by -30.6% against November 2021 indices. The most prominent rate of growth was recorded in August 2021 an increase of 28% against the previous month. The import price peaked at $10,532 per ton in November 2021, and then shrank dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($76,812 per ton), while the price for Slovakia ($4,214 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Hungary (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $12,046 per ton, with a decrease of -11% against the previous year. Overall, the export price saw a slight contraction. The growth pace was the most rapid in 2017 an increase of 72% against the previous year. Over the period under review, the average export prices hit record highs at $19,332 per ton in 2014; however, from 2015 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 Spain ($25,744 per ton), while the average price for exports to Denmark ($1,968 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 Slovakia (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Hungary
In 2022, imports of wood; statuettes and other ornaments of wood into Hungary rose remarkably to 613 tons, surging by 7% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, imports reached the peak of 653 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wood; statuettes and other ornaments of wood reduced to $4.1M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +43.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 34%.
| Import of Wood; Statuettes and Other Ornaments of Wood in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 720 | 1,547 | 1,961 | 1,797 | 35.6% |
| Germany | 672 | 663 | 666 | 602 | -3.6% |
| Slovakia | 176 | 284 | 586 | 537 | 45.0% |
| Netherlands | 179 | 470 | 412 | 377 | 28.2% |
| Poland | 359 | 400 | 285 | 314 | -4.4% |
| Austria | 137 | 109 | 217 | 199 | 13.3% |
| Indonesia | 33.0 | 66.5 | 26.5 | 37.9 | 4.7% |
| Others | 583 | 289 | 229 | 242 | -25.4% |
| Total | 2,858 | 3,830 | 4,382 | 4,106 | 12.8% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Hungary in 2022:
- China (306.8 tons)
- Poland (94.1 tons)
- Slovakia (61.6 tons)
- Germany (58.0 tons)
- Netherlands (31.2 tons)
- Austria (28.4 tons)
- Indonesia (12.8 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of wood; statuettes and other ornaments of wood, when their volume decreased by -11.2% to 89 tons. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 22%. As a result, the exports reached the peak of 100 tons, and then contracted in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood fell significantly to $1.1M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of $1.4M, and then reduced notably in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 19.1 | 159 | 821 | 596 | 214.8% |
| Germany | 262 | 296 | 215 | 184 | -11.1% |
| Romania | 30.7 | 31.4 | 87.9 | 63.8 | 27.6% |
| Croatia | 82.3 | 75.7 | 38.3 | 46.8 | -17.2% |
| Denmark | 43.1 | 15.0 | 29.6 | 21.5 | -20.7% |
| Bulgaria | 17.9 | 45.4 | 15.1 | 18.7 | 1.5% |
| Serbia | 5.2 | 3.9 | 12.9 | 9.4 | 21.8% |
| Slovenia | 15.2 | 15.8 | 6.7 | 9.0 | -16.0% |
| Others | 130 | 142 | 128 | 121 | -2.4% |
| Total | 605 | 784 | 1,354 | 1,069 | 20.9% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Hungary in 2022:
- Slovakia (24.4 tons)
- Romania (14.4 tons)
- Denmark (10.9 tons)
- Croatia (10.9 tons)
- Germany (8.9 tons)
- Bulgaria (4.9 tons)
- Serbia (2.6 tons)
- Slovenia (2.3 tons)
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