Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary - 2023

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary (FOB) - 2023
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary (CIF) - 2022

The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,275 per ton in 2022, declining by -3.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. As a result, import price reached the peak level of $7,506 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($10,679 per ton), while the price for Greece ($3,038 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary (FOB) - 2023

In October 2023, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $8,992 per ton, approximately mirroring the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 24% month-to-month. As a result, the export price reached the peak level of $9,878 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Montenegro ($13,766 per ton), while the average price for exports to Azerbaijan ($7,655 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary

Imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses into Hungary expanded notably to 2.5K tons in 2022, growing by 12% on 2021. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded remarkably to $18M in 2022. The total import value increased at an average annual rate of +13.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.86.95.75.3-3.0%
Poland1.31.64.45.056.7%
China0.80.81.32.240.1%
Austria0.80.71.10.80.0%
Italy0.70.60.70.70.0%
Belgium0.60.40.40.75.3%
Slovakia0.50.50.50.66.3%
Greece0.40.50.50.40.0%
Others1.72.82.22.513.7%
Total12.614.816.918.313.2%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Hungary in 2022:

  1. Germany (775.9 tons)
  2. Poland (474.6 tons)
  3. China (294.4 tons)
  4. Belgium (172.4 tons)
  5. Italy (159.5 tons)
  6. Slovakia (123.9 tons)
  7. Greece (119.8 tons)
  8. Austria (86.9 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary

In 2022, overseas shipments of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -9.5% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded modestly to $7.6M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 8.7%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,6773,4743,2382,702-9.8%
Romania3114138641,10652.6%
Czech Republic33231137966626.1%
Slovakia31739364264426.7%
Austria5016656186086.7%
Serbia13418225428027.8%
Bulgaria14227021125321.2%
Croatia249346260198-7.4%
Ukraine57.078.515917745.9%
Bosnia and Herzegovina176142136147-5.8%
Poland203222146116-17.0%
Others31933351373432.0%
Total6,4196,8297,4217,6325.9%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Hungary in 2022:

  1. Germany (520.3 tons)
  2. Romania (159.9 tons)
  3. Austria (107.5 tons)
  4. Czech Republic (90.6 tons)
  5. Slovakia (43.7 tons)
  6. Serbia (43.1 tons)
  7. Croatia (42.7 tons)
  8. Bulgaria (20.6 tons)
  9. Bosnia and Herzegovina (17.8 tons)
  10. Ukraine (17.2 tons)
  11. Poland (14.6 tons)

Source: IndexBox Market Intelligence Platform

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