Price for Wood; Shingles and Shakes in Hungary - 2023

Contents:

1. Price for Wood; Shingles and Shakes in Hungary (CIF) - 2022
2. Price for Wood; Shingles and Shakes in Hungary (FOB) - 2022
3. Imports of Wood; Shingles and Shakes in Hungary
4. Exports of Wood; Shingles and Shakes in Hungary

Price for Wood; Shingles and Shakes in Hungary (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $1,930 per ton, growing by 59% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 144%. The import price peaked at $2,606 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($6,648 per ton), while the price for Ukraine stood at $1,292 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+106.7%).

Price for Wood; Shingles and Shakes in Hungary (FOB) - 2022

The average wood; shingles and shakes export price stood at $1,027 per ton in 2022, with a decrease of -95.2% against the previous year. In general, the export price saw a noticeable reduction. The growth pace was the most rapid in 2013 when the average export price decreased by -12.8% against the previous year. Over the period under review, the average export prices hit record highs at $21,312 per ton in 2021, and then declined notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +42.6% per year.

Imports of Wood; Shingles and Shakes in Hungary

In 2022, the amount of wood; shingles and shakeses imported into Hungary declined remarkably to 24 tons, shrinking by -88.1% against 2021. Over the period under review, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 74,326% against the previous year. As a result, imports reached the peak of 201 tons, and then shrank rapidly in the following year.

In value terms, wood; shingles and shakes imports fell sharply to $46K in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 181,334%. As a result, imports reached the peak of $243K, and then reduced remarkably in the following year.

Top Suppliers of Wood; Shingles and Shakes to Hungary in 2022:

1. Ukraine (21.1 tons)
2. Slovakia (2.9 tons)

Exports of Wood; Shingles and Shakes in Hungary

Wood; shingles and shakes exports from Hungary skyrocketed to 5 tons in 2022, picking up by 532% compared with the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood; shingles and shakes exports shrank markedly to $5.1K in 2022. Overall, exports, however, continue to indicate a precipitous contraction.

Top Export Markets for Wood; Shingles and Shakes from Hungary in 2022:

1. Belgium (5.0 tons)

Source: IndexBox Market Intelligence Platform