Price for Artwork; Collages and Similar Decorative Plaques in Hungary - 2022

Contents:

  1. Price for Artwork; Collages and Similar Decorative Plaques in Hungary (CIF) - 2022
  2. Price for Artwork; Collages and Similar Decorative Plaques in Hungary (FOB) - 2022
  3. Imports of Artwork; Collages and Similar Decorative Plaques in Hungary
  4. Exports of Artwork; Collages and Similar Decorative Plaques in Hungary

Price for Artwork; Collages and Similar Decorative Plaques in Hungary (CIF) - 2022

In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $17,712 per ton, standing approx. at the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 74% against the previous year. As a result, import price attained the peak level of $34,469 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($664,846 per ton), while the price for China amounted to $12,174 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Hungary (FOB) - 2022

In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $215,400 per ton, which is down by -7.8% against the previous year. Overall, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2015 an increase of 891%. The export price peaked at $233,682 per ton in 2021, and then shrank in the following year.

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 the United States ($1,326,143 per ton), while the average price for exports to the United Arab Emirates totaled $58,852 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artwork; Collages and Similar Decorative Plaques in Hungary

In 2022, purchases abroad of artwork; collages and similar decorative plaqueses decreased by -40.6% to 9.9 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 454%. As a result, imports attained the peak of 17 tons, and then shrank markedly in the following year.

In value terms, imports of artwork; collages and similar decorative plaqueses shrank remarkably to $176K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 468%. As a result, imports reached the peak of $299K, and then dropped notably in the following year.

Import of Artwork; Collages and Similar Decorative Plaques in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.315.8146119166.3%
Others45.436.815357.07.9%
Total51.752.529917650.4%

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Hungary in 2022:

  1. China (9.7 tons)

Exports of Artwork; Collages and Similar Decorative Plaques in Hungary

In 2022, after two years of decline, there was significant growth in shipments abroad of artwork; collages and similar decorative plaqueses, when their volume increased by 29% to 340 kg. Over the period under review, exports, however, recorded a precipitous curtailment.

In value terms, exports of artwork; collages and similar decorative plaqueses skyrocketed to $73K in 2022. Overall, exports, however, continue to indicate a deep setback.

Export of Artwork; Collages and Similar Decorative Plaques in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States51.427.143.755.72.7%
United Arab Emirates4.71.513.717.555.0%
Switzerland5.345.9N/AN/A766.0%
Germany0.70.1N/AN/A-85.7%
United Kingdom4.7N/A3.8N/A-10.1%
Oman17.4N/AN/AN/A0%
RomaniaN/A2.6N/AN/A0%
Others1.77.50.5N/A-45.8%
Total85.884.861.773.2-5.2%

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Hungary in 2022:

  1. United Arab Emirates (298.0 kg)
  2. United States (42.0 kg)

Source: IndexBox Market Intelligence Platform

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