Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary - 2023

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary (CIF) - 2023
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary (FOB) - 2023
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary (CIF) - 2023

In December 2023, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $7.5 per unit, picking up by 87% against the previous month. Over the period under review, the import price saw a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +8.0% per month.

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary (FOB) - 2023

In December 2023, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $4.2 per unit, with an increase of 3.2% against the previous month. In general, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in June 2023 an increase of 34% m-o-m. The export price peaked at $13.1 per unit in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($4.3 per unit), while the average price for exports to Serbia ($2.6 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary

After two years of decline, overseas purchases of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by 145% to 6.5M units in 2022. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s surged to $13M in 2022. In general, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.63.82.85.13.5%
Germany3.01.72.02.8-2.3%
Austria0.70.80.61.012.6%
Poland0.81.21.50.94.0%
BulgariaN/AN/A0.30.9200.0%
Slovakia0.30.30.40.518.6%
Netherlands0.50.30.30.4-7.2%
Spain0.50.30.40.4-7.2%
Others1.20.90.91.1-2.9%
Total11.79.39.113.13.8%

Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Hungary in 2022:

  1. China (4065.1K units)
  2. Germany (1228.1K units)
  3. Poland (361.9K units)
  4. Bulgaria (253.0K units)
  5. Spain (154.9K units)
  6. Austria (141.0K units)
  7. Netherlands (114.6K units)
  8. Slovakia (100.9K units)

Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary

In 2022, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s from Hungary expanded notably to 1.3M units, picking up by 11% on the previous year's figure. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 409% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s soared to $8.2M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania46031270486723.5%
Slovakia3742674083961.9%
Croatia367223233318-4.7%
Czech Republic2402082243108.9%
Germany404315392297-9.7%
Italy1511232751836.6%
Bulgaria10911713917416.9%
Slovenia208146190167-7.1%
Serbia34.043.195.315866.9%
Others8079657285,30487.3%
Total3,1542,7193,3898,17337.4%

Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Hungary in 2022:

  1. Romania (414.6K units)
  2. Croatia (129.0K units)
  3. Slovakia (128.8K units)
  4. Germany (99.3K units)
  5. Bulgaria (87.1K units)
  6. Serbia (80.5K units)
  7. Italy (77.8K units)
  8. Czech Republic (64.0K units)
  9. Slovenia (47.5K units)
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