Wool; Carded Price in Hungary - 2023

Contents:

1. Wool; Carded Price in Hungary (CIF) - 2022
2. Wool; Carded Price in Hungary (FOB) - 2022
3. Wool; Carded Imports in Hungary
4. Wool; Carded Exports in Hungary

Wool; Carded Price in Hungary (CIF) - 2022

In 2022, the average wool; carded import price amounted to $44,178 per ton, increasing by 1,001% against the previous year. Over the period under review, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 France ($48,640 per ton), while the price for the UK totaled $8,480 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Wool; Carded Price in Hungary (FOB) - 2022

The average wool; carded export price stood at $20,250 per ton in 2022, jumping by 74% against the previous year. Overall, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 2,992% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($37,000 per ton), while the average price for exports to Lithuania ($9,000 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 Serbia (+206.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wool; Carded Imports in Hungary

In 2022, the amount of wool; carded imported into Hungary fell notably to 225 kg, with a decrease of -94.8% on the year before. Over the period under review, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 423%. As a result, imports attained the peak of 4.3 tons, and then declined significantly in the following year.

In value terms, wool; carded imports declined dramatically to $9.9K in 2022. Overall, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 134% against the previous year. As a result, imports reached the peak of $17K, and then dropped remarkably in the following year.

Top Suppliers of Wool; Carded to Hungary in 2022:

1. France (200.0 kg)
2. United Kingdom (25.0 kg)

Wool; Carded Exports in Hungary

Wool; carded exports from Hungary soared to 4 kg in 2022, with an increase of 33% against 2021. Over the period under review, exports, however, faced a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 1,243%. As a result, the exports reached the peak of 94 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wool; carded exports skyrocketed to $81 in 2022. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,070% against the previous year. As a result, the exports attained the peak of $807. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Wool; Carded from Hungary in 2022:

1. Lithuania (2.0 kg)
2. Romania (1.0 kg)
3. Slovakia (1.0 kg)

Source: IndexBox Market Intelligence Platform