Price for Tools, Hand; Chain Saw Blades in Hungary - 2023

Contents:

  1. Price for Tools, Hand; Chain Saw Blades in Hungary (CIF) - 2023
  2. Price for Tools, Hand; Chain Saw Blades in Hungary (FOB) - 2022
  3. Imports of Tools, Hand; Chain Saw Blades in Hungary
  4. Exports of Tools, Hand; Chain Saw Blades in Hungary

Price for Tools, Hand; Chain Saw Blades in Hungary (CIF) - 2023

In July 2023, the average import price for tools, hand; chain saw bladeses amounted to $26,943 per ton, growing by 1.6% against the previous month. In general, import price indicated tangible growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tools, hand; chain saw blades import price increased by +17.6% against May 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 45% m-o-m. As a result, import price attained the peak level of $31,296 per ton. From February 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($41,041 per ton), while the price for China ($13,182 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Chain Saw Blades in Hungary (FOB) - 2022

In 2022, the average export price for tools, hand; chain saw bladeses amounted to $19,405 per ton, falling by -25.8% against the previous year. Over the period under review, the export price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2013 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs at $31,746 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($64,692 per ton), while the average price for exports to Romania ($12,473 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 Slovenia (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tools, Hand; Chain Saw Blades in Hungary

In 2022, tools, hand; chain saw blades imports into Hungary totaled 265 tons, growing by 7.5% on the year before. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, tools, hand; chain saw blades imports rose rapidly to $5.3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tools, Hand; Chain Saw Blades in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,6351,8592,3762,58216.5%
Sweden52645565288919.1%
Belgium8395797818390.0%
China39556264272422.4%
Germany81.210713493.24.7%
United States3492.010644.1-49.8%
Others11468.81291201.7%
Total3,9393,6324,8195,29110.3%

Top Suppliers of Tools, Hand; Chain Saw Blades to Hungary in 2022:

  1. Switzerland (115.0 tons)
  2. China (76.2 tons)
  3. Sweden (33.0 tons)
  4. Belgium (30.3 tons)
  5. Germany (2.9 tons)
  6. United States (2.7 tons)

Exports of Tools, Hand; Chain Saw Blades in Hungary

Tools, hand; chain saw blades exports from Hungary skyrocketed to 4.1 tons in 2022, picking up by 74% against the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tools, hand; chain saw blades exports skyrocketed to $79K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools, Hand; Chain Saw Blades in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania12.523.230.429.833.6%
Slovakia0.72.24.628.1242.4%
Germany13.416.315.814.52.7%
Croatia5.13.13.13.0-16.2%
Bulgaria12.51.10.91.3-53.0%
Others12.86.96.62.5-42.0%
Total57.152.861.579.311.6%

Top Export Markets for Tools, Hand; Chain Saw Blades from Hungary in 2022:

  1. Romania (2392.0 kg)
  2. Slovakia (929.0 kg)
  3. Germany (565.0 kg)
  4. Croatia (78.0 kg)
  5. Bulgaria (47.0 kg)

Source: IndexBox Market Intelligence Platform

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