Price for Garden or Similar Umbrellas in Hungary - 2023
Contents:
- Price for Garden or Similar Umbrellas in Hungary (CIF) - 2022
- Price for Garden or Similar Umbrellas in Hungary (FOB) - 2023
- Imports of Garden or Similar Umbrellas in Hungary
- Exports of Garden or Similar Umbrellas in Hungary
Price for Garden or Similar Umbrellas in Hungary (CIF) - 2022
In 2022, the average garden or similar umbrellas import price amounted to $20 per unit, with an increase of 2.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29 per unit), while the price for Spain ($6.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in Hungary (FOB) - 2023
The average garden or similar umbrellas export price stood at $33.4 per unit in August 2023, with an increase of 27% against the previous month. Over the period under review, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in January 2023 an increase of 114% m-o-m. The export price peaked at $42.5 per unit in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Slovenia ($104 per unit), while the average price for exports to Italy ($7.8 per unit) 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 Slovenia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Garden or Similar Umbrellas in Hungary
In 2022, approx. 322K units of garden or similar umbrellases were imported into Hungary; jumping by 47% against 2021 figures. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, garden or similar umbrellas imports surged to $6.4M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +82.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Garden or Similar Umbrellas in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 714 | 698 | 1,041 | 2,163 | 44.7% |
| Germany | 1,041 | 647 | 973 | 1,239 | 6.0% |
| Austria | 555 | 595 | 434 | 896 | 17.3% |
| Poland | 529 | 480 | 637 | 733 | 11.5% |
| Slovakia | 211 | 170 | 280 | 308 | 13.4% |
| Denmark | 0.1 | 0.5 | 1.8 | 205 | 1170.3% |
| Netherlands | 143 | 184 | 215 | 148 | 1.2% |
| Spain | 131 | 17.1 | 42.6 | 39.9 | -32.7% |
| Others | 712 | 721 | 651 | 678 | -1.6% |
| Total | 4,036 | 3,512 | 4,275 | 6,412 | 16.7% |
Top Suppliers of Garden or Similar Umbrellas to Hungary in 2022:
- China (139.6K units)
- Germany (42.0K units)
- Austria (33.7K units)
- Slovakia (31.0K units)
- Poland (26.2K units)
- Netherlands (14.1K units)
- Denmark (11.8K units)
- Spain (6.3K units)
Exports of Garden or Similar Umbrellas in Hungary
In 2022, overseas shipments of garden or similar umbrellases decreased by -28.1% to 21K units, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 0.7% against the previous year. As a result, the exports reached the peak of 29K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, garden or similar umbrellas exports declined slightly to $250K in 2022. Over the period under review, exports saw a noticeable curtailment. Over the period under review, the exports hit record highs at $291K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Garden or Similar Umbrellas in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 16.5 | 30.2 | 65.9 | 60.9 | 54.5% |
| Romania | 44.4 | 33.2 | 55.1 | 54.0 | 6.7% |
| Germany | 37.6 | 23.2 | 24.2 | 21.6 | -16.9% |
| Serbia | 2.0 | 12.9 | 3.6 | 20.6 | 117.6% |
| Bosnia and Herzegovina | N/A | 8.8 | 9.8 | 10.6 | 9.8% |
| Netherlands | 3.7 | 3.5 | 5.1 | 9.2 | 35.5% |
| Bulgaria | 6.1 | 0.9 | 15.6 | 8.7 | 12.6% |
| Czech Republic | 2.7 | 5.1 | 10.5 | 8.5 | 46.6% |
| Slovenia | 2.0 | 1.3 | 3.3 | 5.2 | 37.5% |
| Poland | 4.3 | 15.5 | 2.2 | 3.6 | -5.8% |
| Italy | 0.1 | 2.4 | 5.6 | 2.4 | 188.4% |
| Austria | 54.0 | 54.7 | 7.4 | 2.0 | -66.7% |
| Greece | 64.6 | N/A | 0.1 | 0.1 | -88.4% |
| Others | 52.6 | 88.4 | 42.8 | 42.7 | -6.7% |
| Total | 291 | 280 | 251 | 250 | -4.9% |
Top Export Markets for Garden or Similar Umbrellas from Hungary in 2022:
- Greece (undefinedK units)
- Slovakia (6.9K units)
- Romania (3.7K units)
- Germany (2.4K units)
- Netherlands (1.4K units)
- Bosnia and Herzegovina (1.0K units)
- Serbia (0.9K units)
- Bulgaria (0.7K units)
- Poland (0.6K units)
- Slovenia (0.6K units)
- Czech Republic (0.4K units)
- Italy (0.3K units)
- Austria (0.2K units)
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This report provides an in-depth analysis of the umbrella market in Hungary.
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This report provides an in-depth analysis of the global umbrella market.
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In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3887
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4437
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2257
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