Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary (CIF) - 2022
In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $69 per unit, increasing by 95% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 3,862%. The import price peaked at $1,434 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($257 per unit), while the price for New Zealand ($5.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary (FOB) - 2022
The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $355 per unit in 2022, reducing by -18% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 480% against the previous year. Over the period under review, the average export prices hit record highs at $893 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($1,033 per unit), while the average price for exports to Germany ($111 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 the United States (+84.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary
For the third consecutive year, Hungary recorded decline in overseas purchases of articles of apparel, clothing accessories and other articles of furskin, which decreased by -88.4% to 5K units in 2022. Overall, imports showed a significant decline. The smallest decline of -13.5% was in 2021. Imports peaked at 63K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin shrank dramatically to $346K in 2022. In general, imports faced a precipitous setback. The smallest decline of -26.1% was in 2021. Over the period under review, imports of hit record highs at $2.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 354 | 109 | 85.8 | 85.4 | -37.7% |
| Germany | 2,266 | 1,702 | 163 | 71.1 | -68.5% |
| Poland | 3.9 | 4.2 | 1,065 | 61.2 | 150.4% |
| China | 151 | 180 | 52.1 | 54.6 | -28.8% |
| Spain | 32.3 | 17.9 | 59.9 | 19.0 | -16.2% |
| Austria | 31.1 | 34.5 | 12.4 | 13.6 | -24.1% |
| New Zealand | N/A | N/A | N/A | 0.5 | 0% |
| Others | 24.2 | 17.9 | 87.1 | 40.7 | 18.9% |
| Total | 2,863 | 2,066 | 1,526 | 346 | -50.6% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Hungary in 2022:
- Poland (2542.0 units)
- Germany (1447.0 units)
- Italy (332.0 units)
- China (215.0 units)
- Austria (194.0 units)
- Spain (101.0 units)
- New Zealand (87.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary
After two years of decline, shipments abroad of articles of apparel, clothing accessories and other articles of furskin increased by 130% to 531 units in 2022. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports of attained the maximum at 626 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin surged to $189K in 2022. Overall, exports, however, faced a precipitous descent. Over the period under review, the exports of hit record highs at $445K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.2 | 0.4 | 8.7 | 60.7 | 269.8% |
| Ukraine | 125 | 48.3 | 43.6 | 56.8 | -23.1% |
| Romania | 25.7 | 0.9 | 6.4 | 29.9 | 5.2% |
| Austria | 0.7 | 53.6 | 0.3 | 20.1 | 206.2% |
| Serbia | 0.8 | 16.3 | 2.9 | 4.5 | 77.8% |
| Germany | 0.2 | 1.7 | 2.7 | 4.4 | 180.2% |
| China | 6.0 | N/A | N/A | 4.2 | -11.2% |
| Sweden | N/A | N/A | 5.6 | 0.6 | -89.3% |
| United States | 40.1 | N/A | 8.7 | N/A | -53.4% |
| Moldova | N/A | 20.8 | 0.1 | N/A | -99.5% |
| Italy | 198 | 0.9 | 11.5 | N/A | -75.9% |
| Others | 47.1 | 21.1 | 9.6 | 7.4 | -46.0% |
| Total | 445 | 164 | 100 | 189 | -24.8% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Hungary in 2022:
- Romania (249.0 units)
- Poland (63.0 units)
- Austria (62.0 units)
- Ukraine (55.0 units)
- Germany (40.0 units)
- China (31.0 units)
- Serbia (10.0 units)
- Sweden (2.0 units)
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