Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary - 2023

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary (FOB) - 2023
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary (CIF) - 2023
3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary
4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary (FOB) - 2023

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $15,347 per ton in December 2023, waning by -23.6% against the previous month. In general, the export price showed a noticeable descent. The most prominent rate of growth was recorded in April 2023 an increase of 15% month-to-month. Over the period under review, the average export prices attained the maximum at $21,278 per ton in July 2023; however, from August 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Serbia ($29,306 per ton), while the average price for exports to Switzerland amounted to $17,245 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary (CIF) - 2023

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $13,046 per ton in December 2023, surging by 15% against the previous month. In general, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in November 2023 an increase of 25% against the previous month. Over the period under review, average import prices reached the peak figure at $16,846 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($11,288 per ton), while the price for China stood at $3,243 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary

In 2022, shipments abroad of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -5.1% to 801 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of 843 tons, and then shrank in the following year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $13M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Hungary in 2022:

1. Switzerland (593.6 tons)
2. Germany (47.1 tons)
3. Czech Republic (42.6 tons)
4. Slovakia (24.0 tons)
5. Austria (20.4 tons)
6. Slovenia (17.0 tons)
7. Romania (16.3 tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hungary

In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses imported into Hungary totaled 890 tons, remaining constant against the previous year's figure. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses expanded remarkably to $8.8M in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Hungary in 2022:

1. Germany (303.6 tons)
2. China (222.8 tons)
3. Czech Republic (162.2 tons)
4. Slovakia (41.7 tons)
5. Turkey (33.5 tons)
6. Poland (32.8 tons)
7. Austria (23.2 tons)
8. Spain (17.1 tons)
9. Netherlands (15.1 tons)
10. Denmark (9.1 tons)

Source: IndexBox Market Intelligence Platform