Price for Statuettes and Other Ornamental Ceramic Articles in Hungary - 2023

Contents:

1. Price for Statuettes and Other Ornamental Ceramic Articles in Hungary (FOB) - 2022
2. Price for Statuettes and Other Ornamental Ceramic Articles in Hungary (CIF) - 2023
3. Exports of Statuettes and Other Ornamental Ceramic Articles in Hungary
4. Imports of Statuettes and Other Ornamental Ceramic Articles in Hungary

Price for Statuettes and Other Ornamental Ceramic Articles in Hungary (FOB) - 2022

The average export price for statuettes and other ornamental ceramic articleses stood at $7,913 per ton in 2022, waning by -34.2% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 26% against the previous year. The export price peaked at $67,787 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($51,561 per ton), while the average price for exports to Romania ($2,915 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 Slovenia (-2.9%), while the prices for the other major destinations experienced a decline.

Price for Statuettes and Other Ornamental Ceramic Articles in Hungary (CIF) - 2023

The average import price for statuettes and other ornamental ceramic articleses stood at $2,683 per ton in October 2023, declining by -21.9% against the previous month. In general, the import price saw a slight descent. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 41% m-o-m. The import price peaked at $3,869 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8,494 per ton), while the price for Slovenia ($1,731 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Statuettes and Other Ornamental Ceramic Articles in Hungary

In 2022, approx. 1.9K tons of statuettes and other ornamental ceramic articleses were exported from Hungary; increasing by 79% compared with the previous year's figure. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 176% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of statuettes and other ornamental ceramic articleses surged to $15M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Statuettes and Other Ornamental Ceramic Articles from Hungary in 2022:

1. Romania (871.2 tons)
2. Slovakia (279.1 tons)
3. Croatia (97.0 tons)
4. Bulgaria (84.8 tons)
5. United States (82.5 tons)
6. Netherlands (82.1 tons)
7. Austria (79.2 tons)
8. Serbia (66.7 tons)
9. Italy (51.3 tons)
10. Belgium (39.5 tons)
11. Slovenia (38.7 tons)
12. Japan (28.3 tons)

Imports of Statuettes and Other Ornamental Ceramic Articles in Hungary

In 2022, approx. 3.9K tons of statuettes and other ornamental ceramic articleses were imported into Hungary; increasing by 22% against the previous year. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 234%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of statuettes and other ornamental ceramic articleses soared to $12M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Statuettes and Other Ornamental Ceramic Articles to Hungary in 2022:

1. China (1914.9 tons)
2. Germany (1060.0 tons)
3. Slovakia (333.7 tons)
4. Poland (260.8 tons)
5. Netherlands (260.0 tons)
6. Italy (9.8 tons)
7. Vietnam (5.5 tons)

Source: IndexBox Market Intelligence Platform