Prepared Sheep Leather Price in Hungary - 2023

Contents:

  1. Prepared Sheep Leather Price in Hungary (CIF) - 2023
  2. Prepared Sheep Leather Price in Hungary (FOB) - 2023
  3. Prepared Sheep Leather Imports in Hungary
  4. Prepared Sheep Leather Exports in Hungary

Prepared Sheep Leather Price in Hungary (CIF) - 2023

The average prepared sheep leather import price stood at $26.1 per square meter in July 2023, reducing by -13.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 40% m-o-m. As a result, import price attained the peak level of $30.2 per square meter, and then shrank in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($49.3 per square meter), while the price for Pakistan ($21.5 per square meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Sheep Leather Price in Hungary (FOB) - 2023

In July 2023, the average prepared sheep leather export price amounted to $18.1 per square meter, remaining constant against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in November 2022 an increase of 24% against the previous month. Over the period under review, the average export prices reached the peak figure at $20.0 per square meter in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Romania ($41.2 per square meter), while the average price for exports to India ($16.5 per square meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Sheep Leather Imports in Hungary

In 2022, overseas purchases of sheep or lamb skin leather, prepared were finally on the rise to reach 258K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt descent. Imports peaked at 324K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared sheep leather imports surged to $6.8M in 2022. Over the period under review, imports, however, saw a deep slump. Imports peaked at $8.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Prepared Sheep Leather in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3,6542,8133,0404,1264.1%
Austria1,2531,786946765-15.2%
India596598320407-11.9%
Hong Kong SARN/A3795043921.7%
United Kingdom1,672706197301-43.5%
Germany502348412260-19.7%
Pakistan15.30.536.9209139.0%
Others555146310325-16.3%
Total8,2476,7785,7676,785-6.3%

Top Suppliers of Prepared Sheep Leather to Hungary in 2022:

  1. Italy (150.6K square meters)
  2. India (23.2K square meters)
  3. Austria (22.4K square meters)
  4. Hong Kong SAR (17.8K square meters)
  5. Pakistan (12.3K square meters)
  6. Germany (9.6K square meters)
  7. United Kingdom (7.0K square meters)

Prepared Sheep Leather Exports in Hungary

In 2022, shipments abroad of sheep or lamb skin leather, prepared was finally on the rise to reach 189K square meters after two years of decline. In general, exports, however, showed a abrupt shrinkage. The exports peaked at 229K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared sheep leather exports rose notably to $3.2M in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports reached the maximum at $4.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Prepared Sheep Leather in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina2,5822,7302,3312,108-6.5%
China9811,005478661-12.3%
India285144107231-6.8%
Austria20082.484.2159-7.4%
Slovenia8.12.53.924.544.6%
Others10531.435.863.0-15.7%
Total4,1613,9953,0413,246-7.9%

Top Export Markets for Prepared Sheep Leather from Hungary in 2022:

  1. Bosnia and Herzegovina (138.6K square meters)
  2. China (21.7K square meters)
  3. India (9.9K square meters)
  4. Austria (9.1K square meters)
  5. Slovenia (5.3K square meters)

Source: IndexBox Market Intelligence Platform

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