Price for Lustres; Liquid Lustres and Similar Preparations in Hungary - 2023
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Hungary (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Hungary (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Hungary
- Exports of Lustres; Liquid Lustres and Similar Preparations in Hungary
Price for Lustres; Liquid Lustres and Similar Preparations in Hungary (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $682,119 per ton in 2022, with an increase of 47% against the previous year. In general, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 82%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 Romania ($857,633 per ton), while the price for the Netherlands ($48,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lustres; Liquid Lustres and Similar Preparations in Hungary (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $686,504 per ton, jumping by 19% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $904,774 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($822,300 per ton), while the average price for exports to the UK ($30,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lustres; Liquid Lustres and Similar Preparations in Hungary
For the third consecutive year, Hungary recorded decline in overseas purchases of lustres; liquid lustres and similar preparationses, which decreased by -31.3% to 12 tons in 2022. Over the period under review, imports saw a sharp setback. The smallest decline of -29.9% was in 2020.
In value terms, imports of lustres; liquid lustres and similar preparationses totaled $7.9M in 2022. The total import value increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lustres; Liquid Lustres and Similar Preparations in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 3.5 | 5.8 | 4.9 | 11.9% |
| Romania | 0.3 | 1.0 | 1.8 | 2.6 | 105.4% |
| Italy | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | 1.7 | 2.3 | 0.1 | 0.1 | -61.1% |
| Total | 5.6 | 6.9 | 7.8 | 7.9 | 12.2% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Hungary in 2022:
- Germany (7.4 tons)
- Romania (3.1 tons)
- Netherlands (0.7 tons)
- Italy (0.4 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of lustres; liquid lustres and similar preparationses, which increased by 39% to 4 tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 361%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of lustres; liquid lustres and similar preparationses skyrocketed to $2.7M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 415%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Lustres; Liquid Lustres and Similar Preparations in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | 1.7 | 310 | 973 | 2292.4% |
| Hong Kong SAR | N/A | 384 | 930 | 585 | 23.4% |
| Vietnam | N/A | N/A | 31.1 | 485 | 1459.5% |
| China | 83.3 | 75.3 | 134 | 347 | 60.9% |
| Malaysia | N/A | N/A | 22.0 | 200 | 809.1% |
| Netherlands | N/A | 60.5 | 109 | 46.6 | -12.2% |
| Poland | N/A | N/A | 0.9 | 2.9 | 222.2% |
| Others | 25.4 | 38.4 | 109 | 78.9 | 45.9% |
| Total | 109 | 560 | 1,646 | 2,719 | 192.2% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Hungary in 2022:
- Morocco (1443.0 kg)
- Hong Kong SAR (778.0 kg)
- Vietnam (623.0 kg)
- China (464.0 kg)
- Malaysia (243.0 kg)
- Netherlands (115.0 kg)
- Poland (60.0 kg)
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