Price for Bamboo Used Primarily for Plaiting in Hungary - 2023

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Hungary (CIF) - 2022
2. Price for Bamboo Used Primarily for Plaiting in Hungary (FOB) - 2022
3. Imports of Bamboo Used Primarily for Plaiting in Hungary
4. Exports of Bamboo Used Primarily for Plaiting in Hungary

Price for Bamboo Used Primarily for Plaiting in Hungary (CIF) - 2022

The average import price for bamboo used primarily for plaitings stood at $1,929 per ton in 2022, increasing by 5.6% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bamboo used primarily for plaiting import price increased by +13.4% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 35%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($3,158 per ton), while the price for Italy ($1,115 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bamboo Used Primarily for Plaiting in Hungary (FOB) - 2022

In 2022, the average export price for bamboo used primarily for plaitings amounted to $3,297 per ton, falling by -18.1% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2021 an increase of 85%. The export price peaked at $7,394 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($5,196 per ton), while the average price for exports to Spain ($2,318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Bamboo Used Primarily for Plaiting in Hungary

For the fourth consecutive year, Hungary recorded growth in supplies from abroad of bamboo used primarily for plaitings, which increased by 2.1% to 123 tons in 2022. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, bamboo used primarily for plaiting imports expanded significantly to $237K in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 62%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Bamboo Used Primarily for Plaiting to Hungary in 2022:

1. Netherlands (53.0 tons)
2. China (21.4 tons)
3. Germany (19.8 tons)
4. France (13.6 tons)
5. Spain (4.4 tons)
6. Italy (4.2 tons)
7. Austria (3.1 tons)

Exports of Bamboo Used Primarily for Plaiting in Hungary

In 2022, the amount of bamboo used primarily for plaitings exported from Hungary surged to 38 tons, increasing by 112% against the previous year's figure. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 224% against the previous year. As a result, the exports reached the peak of 67 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, bamboo used primarily for plaiting exports soared to $125K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 148%. As a result, the exports attained the peak of $145K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Bamboo Used Primarily for Plaiting from Hungary in 2022:

1. Bulgaria (20.9 tons)
2. Romania (6.6 tons)
3. Czech Republic (2.9 tons)
4. Poland (1.8 tons)
5. Croatia (1.8 tons)
6. Slovakia (1.6 tons)
7. Spain (1.6 tons)

Source: IndexBox Market Intelligence Platform