Yarn; of Coir Price in Hungary - 2023

Contents:

1. Yarn; of Coir Price in Hungary (CIF) - 2022
2. Yarn; of Coir Price in Hungary (FOB) - 2022
3. Yarn; of Coir Imports in Hungary
4. Yarn; of Coir Exports in Hungary

Yarn; of Coir Price in Hungary (CIF) - 2022

In 2022, the average yarn; of coir import price amounted to $8,262 per ton, approximately equating the previous year. Over the period under review, the import price posted prominent growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 75%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($11,714 per ton), while the price for the Netherlands ($7,380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Yarn; of Coir Price in Hungary (FOB) - 2022

In 2022, the average yarn; of coir export price amounted to $10,500 per ton, surging by 110% against the previous year. Overall, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +26.7% per year.

Yarn; of Coir Imports in Hungary

In 2022, imports of yarn; of coirs into Hungary contracted notably to 465 kg, which is down by -54.9% on 2021. In general, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.8% against the previous year.

In value terms, yarn; of coir imports shrank rapidly to $3.8K in 2022. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of $8.4K, and then dropped dramatically in the following year.

Top Suppliers of Yarn; of Coir to Hungary in 2022:

1. Germany (266.0 kg)
2. Netherlands (192.0 kg)
3. Austria (7.0 kg)

Yarn; of Coir Exports in Hungary

In 2022, the amount of yarn; of coirs exported from Hungary skyrocketed to 4 kg, jumping by 33% compared with 2021. The total export volume increased at an average annual rate of +33.3% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of coir exports skyrocketed to $42 in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn; of Coir from Hungary in 2022:

1. Slovakia (4.0 kg)

Source: IndexBox Market Intelligence Platform