Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary (CIF) - 2023
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary (CIF) - 2023
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.6 per unit in December 2023, reducing by -39.7% against the previous month. Overall, the import price, however, saw a notable expansion. The growth pace was the most rapid in November 2023 when the average import price increased by 135% m-o-m. As a result, import price attained the peak level of $4.3 per unit, and then dropped notably in the following month.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($2.9 per unit), while the price for Japan amounted to $2.3 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.5 per unit in 2022, shrinking by -6.6% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39%. As a result, the export price attained the peak level of $5.6 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($6.7 per unit), while the average price for exports to Moldova ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s imported into Hungary soared to 813K units, growing by 22% against the year before. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s skyrocketed to $1.5M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 405 | 326 | 406 | 433 | 2.3% |
| Germany | 170 | 154 | 210 | 233 | 11.1% |
| Austria | 141 | 161 | 168 | 171 | 6.6% |
| China | 68.0 | 62.2 | 114 | 163 | 33.8% |
| Slovakia | 113 | 120 | 31.1 | 128 | 4.2% |
| Poland | 114 | 126 | 99.9 | 103 | -3.3% |
| Czech Republic | 27.8 | 43.5 | 50.5 | 56.7 | 26.8% |
| Others | 139 | 86.4 | 130 | 165 | 5.9% |
| Total | 1,178 | 1,080 | 1,208 | 1,452 | 7.2% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Hungary in 2022:
- Japan (180.9K units)
- China (165.1K units)
- Austria (147.6K units)
- Germany (130.0K units)
- Poland (56.9K units)
- Slovakia (55.7K units)
- Czech Republic (40.6K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary
Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Hungary rose notably to 44K units in 2022, increasing by 7.5% compared with 2021 figures. Overall, exports, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports of attained the maximum at 47K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $113K in 2022. In general, exports, however, saw a deep contraction. Over the period under review, the exports of attained the maximum at $176K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 51.0 | 15.2 | 20.8 | 30.1 | -16.1% |
| Slovakia | 54.0 | 46.2 | 23.5 | 17.3 | -31.6% |
| Romania | 40.3 | 36.9 | 25.8 | 12.8 | -31.8% |
| Denmark | N/A | N/A | 0.2 | 7.9 | 3850.0% |
| Croatia | 7.1 | 8.1 | 10.2 | 7.8 | 3.2% |
| Latvia | 0.4 | N/A | 3.7 | 6.5 | 153.3% |
| Czech Republic | 0.5 | 0.4 | 0.4 | 3.6 | 93.1% |
| Italy | 5.3 | 2.8 | 3.0 | 3.3 | -14.6% |
| Moldova | 0.2 | 0.4 | 3.6 | 2.0 | 115.4% |
| Lithuania | 0.2 | 0.6 | 1.6 | 1.5 | 95.7% |
| Others | 16.6 | 16.7 | 19.8 | 20.4 | 7.1% |
| Total | 176 | 127 | 113 | 113 | -13.7% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Hungary in 2022:
- Germany (15.7K units)
- Slovakia (7.4K units)
- Latvia (4.9K units)
- Croatia (4.8K units)
- Romania (1.9K units)
- Moldova (1.6K units)
- Italy (1.3K units)
- Denmark (1.3K units)
- Lithuania (1.0K units)
- Czech Republic (0.7K units)
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