Wood; Clothes Hangers Price in Hungary - 2023
Contents:
- Wood; Clothes Hangers Price in Hungary (CIF) - 2023
- Wood; Clothes Hangers Price in Hungary (FOB) - 2023
- Wood; Clothes Hangers Imports in Hungary
- Wood; Clothes Hangers Exports in Hungary
Wood; Clothes Hangers Price in Hungary (CIF) - 2023
The average wood; clothes hangers import price stood at $4,213 per ton in August 2023, rising by 11% against the previous month. Over the period under review, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 11% month-to-month. The import price peaked at $4,805 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was China ($4,314 per ton), while the price for Romania ($2,491 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood; Clothes Hangers Price in Hungary (FOB) - 2023
In August 2023, the average wood; clothes hangers export price amounted to $9,829 per ton, shrinking by -10.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 27% month-to-month. The export price peaked at $15,492 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($17,968 per ton), while the average price for exports to Serbia ($3,780 per ton) 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 Spain (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wood; Clothes Hangers Imports in Hungary
In 2022, the amount of wood; clothes hangerses imported into Hungary surged to 612 tons, with an increase of 44% against the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; clothes hangers imports soared to $2.7M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood; Clothes Hangers in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 244 | 942 | 594 | 1,619 | 87.9% |
| Poland | 625 | 825 | 527 | 442 | -10.9% |
| Romania | 99.8 | 82.3 | 144 | 238 | 33.6% |
| Austria | 108 | 186 | 83.8 | 69.1 | -13.8% |
| Slovakia | 131 | 62.0 | 43.7 | 66.7 | -20.1% |
| Germany | 48.9 | 52.7 | 51.3 | 55.1 | 4.1% |
| Bulgaria | N/A | N/A | 46.4 | 12.8 | -72.4% |
| Others | 119 | 93.7 | 119 | 151 | 8.3% |
| Total | 1,375 | 2,243 | 1,609 | 2,654 | 24.5% |
Top Suppliers of Wood; Clothes Hangers to Hungary in 2022:
- China (363.6 tons)
- Romania (96.0 tons)
- Poland (86.2 tons)
- Germany (20.8 tons)
- Bulgaria (14.8 tons)
- Slovakia (10.9 tons)
- Austria (8.5 tons)
Wood; Clothes Hangers Exports in Hungary
For the fourth year in a row, Hungary recorded growth in overseas shipments of wood; clothes hangerses, which increased by 39% to 118 tons in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 204% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, wood; clothes hangers exports skyrocketed to $1.2M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 188%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Wood; Clothes Hangers in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 7.7 | 14.9 | 331 | 525 | 308.5% |
| Slovakia | 0.3 | 0.5 | 83.3 | 119 | 634.8% |
| Bulgaria | 17.3 | 71.9 | 53.4 | 107 | 83.6% |
| Serbia | 0.2 | 2.5 | 37.5 | 99.1 | 691.3% |
| Croatia | 48.0 | 84.7 | 82.6 | 96.7 | 26.3% |
| Italy | 0.3 | N/A | 20.7 | 77.3 | 536.3% |
| Spain | N/A | N/A | 7.7 | 73.1 | 849.4% |
| United States | N/A | 55.2 | 0.6 | 0.4 | -91.5% |
| Others | 18.4 | 35.7 | 46.1 | 83.3 | 65.4% |
| Total | 92.1 | 265 | 663 | 1,181 | 134.1% |
Top Export Markets for Wood; Clothes Hangers from Hungary in 2022:
- Romania (42.2 tons)
- Serbia (26.5 tons)
- Slovakia (9.0 tons)
- Bulgaria (8.4 tons)
- Croatia (7.8 tons)
- Italy (6.0 tons)
- Spain (5.3 tons)
- United States (0.1 tons)
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