Hungary - Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bedding and Furnishing Article in Hungary - 2023
Contents:
- Price for Bedding and Furnishing Article in Hungary (FOB) - 2023
- Price for Bedding and Furnishing Article in Hungary (CIF) - 2023
- Exports of Bedding and Furnishing Article in Hungary
- Imports of Bedding and Furnishing Article in Hungary
Price for Bedding and Furnishing Article in Hungary (FOB) - 2023
In August 2023, the average bedding and furnishing article export price amounted to $12,028 per ton, with an increase of 13% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 16% m-o-m. Over the period under review, the average export prices attained the maximum in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($24,971 per ton), while the average price for exports to France ($4,096 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bedding and Furnishing Article in Hungary (CIF) - 2023
The average bedding and furnishing article import price stood at $6,131 per ton in August 2023, which is down by -4.1% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 11% m-o-m. The import price peaked at $7,467 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Moldova ($12,337 per ton), while the price for Turkey ($1,378 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bedding and Furnishing Article in Hungary
In 2022, shipments abroad of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) decreased by -17% to 7.7K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of 9.3K tons, and then fell markedly in the following year.
In value terms, bedding and furnishing article exports plummeted to $67M in 2022. Overall, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $96M, and then reduced remarkably in the following year.
| Export of Bedding and Furnishing Article in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.2 | 24.8 | 32.1 | 18.0 | -8.1% |
| Italy | 5.6 | 4.3 | 6.9 | 8.3 | 14.0% |
| Slovakia | 2.8 | 4.7 | 7.6 | 8.0 | 41.9% |
| Romania | 0.6 | 1.9 | 4.1 | 3.8 | 85.0% |
| South Korea | 8.7 | 9.6 | 9.9 | 3.3 | -27.6% |
| Spain | 1.3 | 1.5 | 2.4 | 3.0 | 32.1% |
| Czech Republic | 0.4 | 2.2 | 10.2 | 2.6 | 86.6% |
| Netherlands | 4.2 | 3.3 | 3.8 | 2.2 | -19.4% |
| Austria | 1.8 | 1.6 | 2.2 | 1.9 | 1.8% |
| France | 1.8 | 3.6 | 2.7 | 1.9 | 1.8% |
| Croatia | 0.4 | 0.8 | 0.7 | 1.2 | 44.2% |
| Poland | 1.2 | 0.5 | 0.8 | 1.0 | -5.9% |
| Sweden | 0.3 | 0.5 | 0.9 | 0.9 | 44.2% |
| Others | 10.3 | 10.1 | 12.2 | 10.6 | 1.0% |
| Total | 62.5 | 69.5 | 96.4 | 66.5 | 2.1% |
Top Export Markets for Bedding and Furnishing Article from Hungary in 2022:
- Germany (1978.0 tons)
- Italy (1039.7 tons)
- Spain (606.5 tons)
- Slovakia (605.6 tons)
- Netherlands (550.8 tons)
- Romania (547.7 tons)
- France (454.8 tons)
- Sweden (207.9 tons)
- Croatia (207.3 tons)
- Poland (207.1 tons)
- Austria (185.1 tons)
- Czech Republic (177.8 tons)
- South Korea (133.1 tons)
Imports of Bedding and Furnishing Article in Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), when their volume decreased by -15.2% to 6.8K tons. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of 8.1K tons, and then shrank significantly in the following year.
In value terms, bedding and furnishing article imports dropped notably to $45M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of $54M, and then dropped notably in the following year.
| Import of Bedding and Furnishing Article in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 19.2 | 18.9 | 22.9 | 16.4 | -5.1% |
| China | 1.8 | 2.4 | 9.6 | 8.1 | 65.1% |
| Germany | 5.5 | 7.8 | 5.5 | 5.1 | -2.5% |
| Slovakia | 3.3 | 3.0 | 3.8 | 2.1 | -14.0% |
| Turkey | 0.3 | 0.4 | 0.5 | 1.8 | 81.7% |
| Bulgaria | N/A | 0.3 | 0.9 | 1.7 | 138.0% |
| Romania | 0.4 | 0.8 | 1.5 | 1.5 | 55.4% |
| Italy | 1.7 | 1.5 | 2.4 | 0.9 | -19.1% |
| Austria | 1.1 | 1.1 | 1.0 | 0.9 | -6.5% |
| India | 0.1 | N/A | 0.1 | 0.7 | 91.3% |
| Others | 3.2 | 4.0 | 5.4 | 5.5 | 19.8% |
| Total | 36.5 | 40.1 | 53.6 | 44.7 | 7.0% |
Top Suppliers of Bedding and Furnishing Article to Hungary in 2022:
- Poland (3098.9 tons)
- China (1304.7 tons)
- Germany (478.2 tons)
- Turkey (353.0 tons)
- Slovakia (344.2 tons)
- Bulgaria (276.9 tons)
- Romania (179.1 tons)
- India (117.2 tons)
- Italy (111.8 tons)
- Austria (67.4 tons)
This report provides an in-depth analysis of the market for bedding and furnishing article 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 13922493 - Articles of bedding of feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
- Prodcom 13922499 - Articles of bedding filled other than with feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
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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