Hungary - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Kitchenware and Tableware in Hungary - 2023
Contents:
- Price for Wood Kitchenware and Tableware in Hungary (CIF) - 2023
- Price for Wood Kitchenware and Tableware in Hungary (FOB) - 2023
- Imports of Wood Kitchenware and Tableware in Hungary
- Exports of Wood Kitchenware and Tableware in Hungary
Price for Wood Kitchenware and Tableware in Hungary (CIF) - 2023
The average wood kitchenware and tableware import price stood at $4,864 per ton in July 2023, increasing by 1.5% against the previous month. In general, import price indicated pronounced growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, wood kitchenware and tableware import price decreased by -11.5% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 26% m-o-m. The import price peaked at $5,499 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($13,466 per ton), while the price for Austria ($2,532 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Kitchenware and Tableware in Hungary (FOB) - 2023
In July 2023, the average wood kitchenware and tableware export price amounted to $6,428 per ton, rising by 8.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 28% month-to-month. The export price peaked in July 2023.
Average prices varied somewhat for the major export markets. In July 2023, the countries with the highest prices were the United States ($5,798 per ton) and Slovakia ($4,865 per ton), while the average price for exports to Spain ($4,162 per ton) and Italy ($4,315 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Kitchenware and Tableware in Hungary
In 2022, supplies from abroad of tableware and kitchenware of wood decreased by -13.6% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 222%.
In value terms, wood kitchenware and tableware imports contracted notably to $12M in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 58%. As a result, imports reached the peak of $16M, and then contracted markedly in the following year.
Import of Wood Kitchenware and Tableware in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.4 | 5.8 | 6.4 | 4.8 | 26.0% |
Poland | 1.0 | 1.5 | 4.5 | 3.2 | 47.4% |
Germany | 1.2 | 1.0 | 1.2 | 1.6 | 10.1% |
Slovakia | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
Romania | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
Austria | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
Others | 1.6 | 0.9 | 2.7 | 1.6 | 0.0% |
Total | 6.9 | 9.8 | 15.6 | 12.3 | 21.3% |
Top Suppliers of Wood Kitchenware and Tableware to Hungary in 2022:
- China (1359.1 tons)
- Poland (915.7 tons)
- Germany (283.1 tons)
- Slovakia (170.5 tons)
- Romania (72.4 tons)
- Austria (61.6 tons)
Exports of Wood Kitchenware and Tableware in Hungary
In 2022, exports of tableware and kitchenware of wood from Hungary soared to 1.1K tons, growing by 21% compared with 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 114%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, wood kitchenware and tableware exports stood at $5.1M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 74%. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Wood Kitchenware and Tableware in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,205 | 1,586 | 2,184 | 1,226 | 0.6% |
Romania | 109 | 145 | 888 | 1,097 | 115.9% |
Slovakia | 102 | 53.7 | 388 | 413 | 59.4% |
Croatia | 191 | 248 | 236 | 287 | 14.5% |
Serbia | 8.1 | 19.9 | 125 | 239 | 209.0% |
Italy | 26.0 | 52.8 | 103 | 230 | 106.8% |
Bulgaria | 69.9 | 205 | 169 | 227 | 48.1% |
Spain | 0.8 | 0.1 | 30.0 | 180 | 508.2% |
Others | 625 | 618 | 963 | 1,195 | 24.1% |
Total | 2,336 | 2,929 | 5,085 | 5,095 | 29.7% |
Top Export Markets for Wood Kitchenware and Tableware from Hungary in 2022:
- Romania (333.9 tons)
- United States (131.3 tons)
- Slovakia (97.6 tons)
- Croatia (86.2 tons)
- Bulgaria (71.9 tons)
- Italy (70.9 tons)
- Serbia (70.6 tons)
- Spain (52.1 tons)
This report provides an in-depth analysis of the market for wood kitchenware and tableware in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16291200 - Tableware and kitchenware of wood
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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