Price for Plants, Live; Roses, Grafted or Not in Hungary - 2023

Contents:

1. Price for Plants, Live; Roses, Grafted or Not in Hungary (CIF) - 2023
2. Price for Plants, Live; Roses, Grafted or Not in Hungary (FOB) - 2023
3. Imports of Plants, Live; Roses, Grafted or Not in Hungary
4. Exports of Plants, Live; Roses, Grafted or Not in Hungary

Price for Plants, Live; Roses, Grafted or Not in Hungary (CIF) - 2023

In November 2023, the average import price for plants, live; roses, grafted or nots amounted to $2.3 per unit, growing by 3.6% against the previous month. Over the period under review, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in September 2023 an increase of 192% against the previous month. As a result, import price attained the peak level of $4.8 per unit. From October 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($3.4 per unit), while the price for Serbia ($921 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Plants, Live; Roses, Grafted or Not in Hungary (FOB) - 2023

The average export price for plants, live; roses, grafted or nots stood at $2.8 per unit in October 2023, surging by 55% against the previous month. Over the period under review, the export price showed a buoyant expansion. The growth pace was the most rapid in June 2023 when the average export price increased by 1,803% m-o-m. As a result, the export price attained the peak level of $17.1 per unit. From July 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 overseas markets. In October 2023, the country with the highest price was Switzerland ($11.8 per unit), while the average price for exports to Slovakia ($1.4 per unit) 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 Switzerland (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plants, Live; Roses, Grafted or Not in Hungary

In 2022, supplies from abroad of plants, live; roses, grafted or nots was finally on the rise to reach 542K units after two years of decline. Overall, imports, however, showed a abrupt contraction. Imports peaked at 1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; roses, grafted or nots reduced to $2.4M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 17%. Imports peaked at $2.4M in 2021, and then dropped slightly in the following year.

Top Suppliers of Plants, Live; Roses, Grafted or Not to Hungary in 2022:

1. Netherlands (282.9K units)
2. Germany (208.5K units)
3. Serbia (35.2K units)

Exports of Plants, Live; Roses, Grafted or Not in Hungary

For the third consecutive year, Hungary recorded decline in shipments abroad of plants, live; roses, grafted or nots, which decreased by -18.5% to 687K units in 2022. Over the period under review, exports recorded a deep setback. The smallest decline of -3.2% was in 2020. The exports peaked at 959K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of plants, live; roses, grafted or nots shrank remarkably to $1.6M in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 131% against the previous year. The exports peaked at $1.9M in 2021, and then fell sharply in the following year.

Top Export Markets for Plants, Live; Roses, Grafted or Not from Hungary in 2022:

1. Romania (312.7K units)
2. France (137.6K units)
3. Czech Republic (75.5K units)
4. Slovakia (47.8K units)
5. Germany (37.9K units)
6. Poland (33.4K units)
7. Switzerland (12.4K units)
8. United Kingdom (6.4K units)

Source: IndexBox Market Intelligence Platform