Hungary: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in Hungary

The Hungarian market for hair brushes and shaving and toilet brushes for personal use rose rapidly to $X in 2022, picking up by 12% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hair, shaving and toilet brush consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in Hungary

In value terms, hair, shaving and toilet brush production shrank notably to $X in 2022 estimated in export price. In general, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports from Hungary

After three years of growth, shipments abroad of hair brushes and shaving and toilet brushes for personal use decreased by -35% to X units in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 115% against the previous year. The exports peaked at X units in 2021, and then declined remarkably in the following year.

In value terms, hair, shaving and toilet brush exports expanded remarkably to $X in 2022. In general, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 140% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Romania (X units), the Czech Republic (X units) and Slovakia (X units) were the main destinations of hair, shaving and toilet brush exports from Hungary, together accounting for 52% of total exports. Croatia, Bulgaria, Serbia, Germany, Bosnia and Herzegovina, Italy and Slovenia lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +88.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hair, shaving and toilet brush exported from Hungary were Romania ($X), the Czech Republic ($X) and Slovakia ($X), with a combined 50% share of total exports. Croatia, Bulgaria, Serbia, Slovenia, Bosnia and Herzegovina, Germany and Italy lagged somewhat behind, together comprising a further 45%.

Among the main countries of destination, Italy, with a CAGR of +85.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, growing by 66% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports into Hungary

After two years of growth, purchases abroad of hair brushes and shaving and toilet brushes for personal use decreased by -11.7% to X units in 2022. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, hair, shaving and toilet brush imports reached $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Bulgaria (X units), China (X units) and Germany (X units) were the main suppliers of hair, shaving and toilet brush imports to Hungary, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +143.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hair, shaving and toilet brush suppliers to Hungary were Germany ($X), China ($X) and Austria ($X), with a combined 69% share of total imports. Poland, Bulgaria, the UK and the Czech Republic lagged somewhat behind, together comprising a further 24%.

Bulgaria, with a CAGR of +105.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, jumping by 25% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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