Price for Music, Printed or in Manuscript in Hungary - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Hungary (FOB) - 2022
2. Price for Music, Printed or in Manuscript in Hungary (CIF) - 2022
3. Exports of Music, Printed or in Manuscript in Hungary
4. Imports of Music, Printed or in Manuscript in Hungary

Price for Music, Printed or in Manuscript in Hungary (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $15,371 per ton in 2022, rising by 18% against the previous year. Overall, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 141% against the previous year. Over the period under review, the average export prices reached the peak figure at $43,961 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($50,267 per ton), while the average price for exports to China ($10,939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-2.1%), while the prices for the other major destinations experienced a decline.

Price for Music, Printed or in Manuscript in Hungary (CIF) - 2022

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $68,495 per ton in 2022, picking up by 24% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, music, printed or in manuscript import price increased by +107.3% against 2015 indices. The growth pace was the most rapid in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($138,439 per ton), while the price for Ukraine ($30,203 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Music, Printed or in Manuscript in Hungary

In 2022, music, printed or in manuscript exports from Hungary expanded significantly to 6.7 tons, increasing by 7.2% compared with 2021 figures. In general, exports, however, recorded a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 127% against the previous year.

In value terms, music, printed or in manuscript exports skyrocketed to $103K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 60%.

Top Export Markets for Music, Printed or in Manuscript from Hungary in 2022:

1. China (3.3 tons)
2. France (1.7 tons)
3. United States (1.3 tons)
4. United Kingdom (0.3 tons)
5. Japan (0.2 tons)

Imports of Music, Printed or in Manuscript in Hungary

In 2022, the amount of music, printed or in manuscript, whether or not bound or illustrated imported into Hungary reduced to 741 kg, declining by -12% compared with the previous year's figure. Overall, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 106%.

In value terms, music, printed or in manuscript imports rose sharply to $51K in 2022. Over the period under review, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 131%.

Top Suppliers of Music, Printed or in Manuscript to Hungary in 2022:

1. Ukraine (300.0 kg)
2. United Kingdom (188.0 kg)
3. United States (180.0 kg)
4. Germany (33.0 kg)
5. Japan (16.0 kg)

Source: IndexBox Market Intelligence Platform