Price for Plants, Live; Unrooted Cuttings and Slips in Hungary - 2023

Contents:

  1. Price for Plants, Live; Unrooted Cuttings and Slips in Hungary (CIF) - 2023
  2. Price for Plants, Live; Unrooted Cuttings and Slips in Hungary (FOB) - 2022
  3. Imports of Plants, Live; Unrooted Cuttings and Slips in Hungary
  4. Exports of Plants, Live; Unrooted Cuttings and Slips in Hungary

Price for Plants, Live; Unrooted Cuttings and Slips in Hungary (CIF) - 2023

The average import price for plants, live; unrooted cuttings and slipses stood at $320 per thousand units in November 2023, waning by -3.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 122% m-o-m. The import price peaked at $565 per thousand units in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Kenya ($2.1 per unit), while the price for the Netherlands ($125 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced a decline.

Price for Plants, Live; Unrooted Cuttings and Slips in Hungary (FOB) - 2022

The average export price for plants, live; unrooted cuttings and slipses stood at $82 per thousand units in 2022, waning by -2.4% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 43% against the previous year. The export price peaked at $84 per thousand units in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($253 per thousand units), while the average price for exports to the Czech Republic ($19 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plants, Live; Unrooted Cuttings and Slips in Hungary

After two years of decline, overseas purchases of plants, live; unrooted cuttings and slipses increased by 1.6% to 16M units in 2022. Overall, imports, however, continue to indicate a abrupt contraction. Imports peaked at 25M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; unrooted cuttings and slipses reduced to $4.8M in 2022. The total import value increased at an average annual rate of +5.0% 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 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $5.5M, and then dropped in the following year.

Import of Plants, Live; Unrooted Cuttings and Slips in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,2201,7992,6162,16121.0%
Germany1,1651,7572,3901,63111.9%
Belgium22922212.332912.8%
Poland3491.21.20.3-90.5%
Austria20218.3N/AN/A-90.9%
Others958748493647-12.3%
Total4,1244,5465,5124,7695.0%

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Hungary in 2022:

  1. Netherlands (12.7M units)
  2. Germany (2.1M units)
  3. Belgium (1.0M units)

Exports of Plants, Live; Unrooted Cuttings and Slips in Hungary

In 2022, approx. 39M units of plants, live; unrooted cuttings and slipses were exported from Hungary; increasing by 2.7% against the previous year's figure. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 4.7% against the previous year. As a result, the exports attained the peak of 40M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of plants, live; unrooted cuttings and slipses stood at $3.2M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +37.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Plants, Live; Unrooted Cuttings and Slips in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania1,2391,0541,4511,3843.8%
Slovakia53952284691019.1%
Czech Republic3944634464474.3%
Slovenia24.73.890.613375.3%
Austria56.664.517012329.5%
Bulgaria11.691.537.654.867.8%
Others13315118618311.2%
Total2,3982,3503,2263,23510.5%

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Hungary in 2022:

  1. Czech Republic (23.5M units)
  2. Romania (5.5M units)
  3. Slovakia (4.2M units)
  4. Bulgaria (2.9M units)
  5. Austria (2.0M units)
  6. Slovenia (0.9M units)

Source: IndexBox Market Intelligence Platform

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