Price for Bedspreads; Knitted or Crocheted in Hungary - 2023

Contents:

1. Price for Bedspreads; Knitted or Crocheted in Hungary (FOB) - 2022
2. Price for Bedspreads; Knitted or Crocheted in Hungary (CIF) - 2022
3. Exports of Bedspreads; Knitted or Crocheted in Hungary
4. Imports of Bedspreads; Knitted or Crocheted in Hungary

Price for Bedspreads; Knitted or Crocheted in Hungary (FOB) - 2022

The average bedspreads; knitted or crocheted export price stood at $6.4 per unit in 2022, reducing by -2.2% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2021 an increase of 414% against the previous year. The export price peaked at $14 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($7.1 per unit) and Italy ($6.5 per unit), while the average price for exports to Serbia ($5.7 per unit) and Bulgaria ($6.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.3%), while the prices for the other major destinations experienced a decline.

Price for Bedspreads; Knitted or Crocheted in Hungary (CIF) - 2022

In 2022, the average bedspreads; knitted or crocheted import price amounted to $5.4 per unit, shrinking by -9.9% against the previous year. Overall, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 35%. As a result, import price reached the peak level of $7.4 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 China ($7.7 per unit), while the price for Poland ($5.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Bedspreads; Knitted or Crocheted in Hungary

In 2022, bedspreads; knitted or crocheted exports from Hungary surged to 85K units, jumping by 51% on 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,370%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, bedspreads; knitted or crocheted exports surged to $545K in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,194%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Bedspreads; Knitted or Crocheted from Hungary in 2022:

1. Romania (38.5K units)
2. Serbia (7.9K units)
3. Bulgaria (7.0K units)
4. Slovakia (6.9K units)
5. Italy (6.6K units)
6. Spain (6.1K units)
7. Croatia (5.6K units)
8. Austria (3.2K units)
9. Slovenia (1.8K units)

Imports of Bedspreads; Knitted or Crocheted in Hungary

In 2022, the amount of bedspreads; knitted or crocheteds imported into Hungary contracted to 33K units, with a decrease of -11.8% on 2021 figures. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of 37K units, and then shrank in the following year.

In value terms, bedspreads; knitted or crocheted imports reduced dramatically to $177K in 2022. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of $223K, and then contracted dramatically in the following year.

Top Suppliers of Bedspreads; Knitted or Crocheted to Hungary in 2022:

1. Poland (17.2K units)
2. Germany (12.3K units)
3. Austria (2.1K units)
4. China (0.8K units)
5. Turkey (0.1K units)

Source: IndexBox Market Intelligence Platform