Hungary - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Office Furniture Price in Hungary - 2023
Contents:
- Wooden Office Furniture Price in Hungary (CIF) - 2022
- Wooden Office Furniture Price in Hungary (FOB) - 2023
- Wooden Office Furniture Imports in Hungary
- Wooden Office Furniture Exports in Hungary
Wooden Office Furniture Price in Hungary (CIF) - 2022
The average wooden office furniture import price stood at $489 per unit in 2022, waning by -24.3% against the previous year. In general, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 168% against the previous year. The import price peaked at $781 per unit in 2019; however, from 2020 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 China ($511 per unit), while the price for the UK ($138 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Office Furniture Price in Hungary (FOB) - 2023
In June 2023, the average wooden office furniture export price amounted to $69.5 per unit, rising by 25% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 42% month-to-month. Over the period under review, the average export prices attained the peak figure at $100 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Czech Republic ($65.1 per unit), while the average price for exports to Croatia ($31.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.
Wooden Office Furniture Imports in Hungary
Wooden office furniture imports into Hungary skyrocketed to 35K units in 2022, with an increase of 58% on the previous year. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wooden office furniture imports surged to $17M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wooden Office Furniture in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.7 | 5.5 | 6.6 | 7.9 | 11.5% |
| Germany | 1.5 | 1.4 | 1.9 | 2.7 | 21.6% |
| Austria | 1.2 | 0.9 | 1.0 | 1.3 | 2.7% |
| Lithuania | 1.1 | 1.1 | 0.8 | 1.0 | -3.1% |
| Italy | 0.5 | 0.3 | 0.5 | 0.7 | 11.9% |
| Czech Republic | 1.0 | 0.6 | 0.6 | 0.7 | -11.2% |
| Sweden | 0.4 | 0.6 | 0.4 | 0.5 | 7.7% |
| Serbia | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| France | 0.3 | 0.1 | 0.1 | 0.3 | 0.0% |
| Slovakia | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| China | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| North Macedonia | N/A | N/A | N/A | N/A | 0% |
| Others | 1.2 | 1.0 | 1.3 | 1.0 | -5.9% |
| Total | 13.3 | 12.1 | 14.1 | 16.9 | 8.3% |
Top Suppliers of Wooden Office Furniture to Hungary in 2022:
- Poland (15.6K units)
- Germany (5.3K units)
- Austria (2.6K units)
- Lithuania (2.0K units)
- Italy (1.4K units)
- Czech Republic (1.4K units)
- Sweden (0.9K units)
- Serbia (0.6K units)
- France (0.6K units)
- United Kingdom (0.6K units)
- China (0.6K units)
- Slovakia (0.5K units)
Wooden Office Furniture Exports in Hungary
After three years of growth, overseas shipments of wooden furniture of a kind used in offices decreased by -38.7% to 73K units in 2022. In general, exports, however, saw a measured increase. The pace of growth appeared the most rapid in 2020 when exports increased by 72% against the previous year. Over the period under review, the exports hit record highs at 119K units in 2021, and then fell rapidly in the following year.
In value terms, wooden office furniture exports fell rapidly to $4.9M in 2022. Overall, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 91% against the previous year. Over the period under review, the exports hit record highs at $6.5M in 2021, and then shrank notably in the following year.
| Export of Wooden Office Furniture in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,339 | 4,566 | 4,342 | 2,598 | 24.7% |
| Netherlands | 36.1 | 6.7 | 22.2 | 358 | 114.8% |
| United Kingdom | 249 | 28.1 | 200 | 346 | 11.6% |
| Switzerland | 224 | 200 | 188 | 281 | 7.8% |
| Slovakia | 25.0 | 128 | 231 | 260 | 118.3% |
| United States | 50.9 | 16.1 | 667 | 230 | 65.3% |
| Croatia | 22.5 | 3.0 | 3.7 | 114 | 71.8% |
| Romania | 19.2 | 15.2 | 22.5 | 85.2 | 64.3% |
| Czech Republic | 629 | 611 | 283 | 84.5 | -48.8% |
| Austria | 254 | 42.9 | 182 | 51.4 | -41.3% |
| Others | 186 | 165 | 379 | 515 | 40.4% |
| Total | 3,034 | 5,782 | 6,520 | 4,923 | 17.5% |
Top Export Markets for Wooden Office Furniture from Hungary in 2022:
- Germany (38.7K units)
- United Kingdom (5.5K units)
- Netherlands (5.3K units)
- Switzerland (4.2K units)
- Slovakia (3.9K units)
- United States (3.4K units)
- Croatia (1.7K units)
- Romania (1.3K units)
- Czech Republic (1.3K units)
- Austria (0.8K units)
This report provides an in-depth analysis of the wooden office furniture market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31011200 - Wooden furniture of a kind used in offices
- Prodcom 31021000 - Kitchen furniture
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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