ADVERTISEMENT

Sales of Christmas trees to reach HUF 15 bln this year

Retail

Photo by Zichrini/Shutterstock.com

Turnover in Christmas trees is set to increase to HUF 15 billion in Hungary this year from HUF 12 bln a year earlier, the head of industry association Makert told state news wire MTI on Friday.

Photo by Zichrini/Shutterstock.com

Dávid Boross said 2-2.2 million real trees are expected to be sold this year, practically unchanged from last year. Potted trees are becoming more popular; sales of these are expected to grow to 15-20,000 from 10,000 in 2019 while sales of artificial trees are set to increase by 100,000 to 300,000, he added. 

Prices of all types of Christmas trees are higher this year, partly due to the weakening of the forint to the euro, which mainly affects prices of Nordmann fir trees, though imports also push prices of domestically grown trees higher, Boross said. 

ADVERTISEMENT

Duna House Profit Rise 36% y.o.y. Figures

Duna House Profit Rise 36% y.o.y.

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Wizz Air Participates in USD 50 mln Investment Deals

Wizz Air Participates in USD 50 mln Investment

Tourism Nights Slightly up in April 2023 Tourism

Tourism Nights Slightly up in April 2023

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.