Hungary: Plaits And Basketwork Market Overview 2020

Plaits And Basketwork Market Size in Hungary

The revenue of the plaits and basketwork market in Hungary amounted to $X in 2018, surging by X% against the previous year. Overall, plaits and basketwork consumption, however, continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the plaits and basketwork market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Plaits And Basketwork Production in Hungary

In value terms, plaits and basketwork production amounted to $X in 2018 estimated in export prices. In general, plaits and basketwork production, however, continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Plaits and basketwork production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Plaits And Basketwork Exports

Exports from Hungary

In 2018, approx. X tonnes of plaits, basketwork, wickerwork and similar products of plaiting materials were exported from Hungary; going up by X% against the previous year. Overall, plaits and basketwork exports, however, continue to indicate a drastic slump. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, plaits and basketwork exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, plaits and basketwork exports amounted to $X in 2018. Over the period under review, plaits and basketwork exports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, plaits and basketwork exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Austria (X tonnes) were the main destinations of plaits and basketwork exports from Hungary, together comprising X% of total exports. Poland, Romania, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plaits and basketwork exported from Hungary were Germany ($X), Slovakia ($X) and the Netherlands ($X), together accounting for X% of total exports.

Among the main countries of destination, Slovakia recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plaits and basketwork export price stood at $X per tonne in 2018, approximately mirroring the previous year. Over the period under review, the plaits and basketwork export price, however, continues to indicate notable growth. The growth pace was the most rapid in 2012 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Hungary

Plaits and basketwork imports into Hungary stood at X tonnes in 2018, lowering by -X% against the previous year. Overall, plaits and basketwork imports continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, plaits and basketwork imports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, plaits and basketwork imports amounted to $X in 2018. Overall, plaits and basketwork imports continue to indicate an abrupt descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of plaits and basketwork imports to Hungary, together accounting for X% of total imports. These countries were followed by Slovakia, India, Austria, Romania, Viet Nam, Spain, China, Hong Kong SAR, the Netherlands and the U.S., which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of plaits and basketwork to Hungary, comprising X% of total plaits and basketwork imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and China (-X% per year).

Import Prices by Country

The average plaits and basketwork import price stood at $X per tonne in 2018, lowering by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. In that year, the average import prices for plaits, basketwork, wickerwork and similar products of plaiting materials attained their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Austria ($X per tonne), while the price for China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform