Price for Bedspreads; Not Knitted or Crocheted in Hungary - 2023

Contents:

  1. Price for Bedspreads; Not Knitted or Crocheted in Hungary (CIF) - 2022
  2. Price for Bedspreads; Not Knitted or Crocheted in Hungary (FOB) - 2023
  3. Imports of Bedspreads; Not Knitted or Crocheted in Hungary
  4. Exports of Bedspreads; Not Knitted or Crocheted in Hungary

Price for Bedspreads; Not Knitted or Crocheted in Hungary (CIF) - 2022

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $7.7 per unit, jumping by 17% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 36% against the previous year. The import price peaked at $8.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($18 per unit), while the price for Pakistan ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.4%), while the prices for the other major suppliers experienced a decline.

Price for Bedspreads; Not Knitted or Crocheted in Hungary (FOB) - 2023

In August 2023, the average export price for bedspreads; not knitted or crocheteds amounted to $6.4 per unit, rising by 2.3% against the previous month. In general, the export price showed modest growth. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 58% against the previous month. The export price peaked at $8.1 per unit in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to Serbia ($8.2 per unit) and Bulgaria ($7.5 per unit), while the average price for exports to Romania ($5.5 per unit) and Poland ($5.5 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in Hungary

For the third consecutive year, Hungary recorded decline in purchases abroad of bedspreads; not knitted or crocheteds, which decreased by -44.1% to 157K units in 2022. Over the period under review, imports faced a precipitous slump. The smallest decline of -27.1% was in 2020. Imports peaked at 698K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, bedspreads; not knitted or crocheted imports dropped notably to $1.2M in 2022. Overall, imports showed a sharp reduction. The smallest decline of -23.5% was in 2020. Over the period under review, imports hit record highs at $3.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Bedspreads; Not Knitted or Crocheted in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland592415350348-16.2%
China1,6911,454904339-41.5%
Germany13298.396.517710.3%
India21.57.58.311675.4%
Romania12622115756.7-23.4%
Turkey45.661.364.350.73.6%
PakistanN/A3.3N/A17.1127.6%
United States6470.30.30.2-93.2%
IrelandN/AN/A93.1N/A0%
Others138337183107-8.1%
Total3,3942,5981,8571,211-29.1%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to Hungary in 2022:

  1. United States (undefinedK units)
  2. China (49.4K units)
  3. Poland (48.1K units)
  4. Germany (21.4K units)
  5. India (20.4K units)
  6. Turkey (5.2K units)
  7. Pakistan (3.2K units)
  8. Romania (3.2K units)

Exports of Bedspreads; Not Knitted or Crocheted in Hungary

Bedspreads; not knitted or crocheted exports from Hungary declined sharply to 146K units in 2022, falling by -16.7% against 2021. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 175K units, and then reduced notably in the following year.

In value terms, bedspreads; not knitted or crocheted exports reduced modestly to $1M in 2022. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 1.4% against the previous year. Over the period under review, the exports attained the peak figure at $1.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Bedspreads; Not Knitted or Crocheted in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania724649508453-14.5%
CroatiaN/AN/A35.290.2156.3%
Slovakia22711264.289.6-26.6%
SpainN/AN/A17.883.3368.0%
Serbia0.50.221.878.4439.2%
Italy0.65.933.974.2398.2%
Bulgaria36.4N/A28.372.425.8%
Czech Republic28411418.36.5-71.6%
IraqN/A28.32.5N/A-91.2%
Others54.016836294.620.5%
Total1,3261,0771,0921,042-7.7%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from Hungary in 2022:

  1. Romania (60.6K units)
  2. Slovakia (14.1K units)
  3. Croatia (13.5K units)
  4. Bulgaria (11.4K units)
  5. Spain (11.1K units)
  6. Serbia (10.7K units)
  7. Italy (10.5K units)
  8. Czech Republic (0.3K units)

Source: IndexBox Market Intelligence Platform

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